Friday, September 28, 2018

Premier Han Zheng inspects COSCO PSA terminal in Singapore

BEIJING/SINGAPORE: The Chinese Vice Premier Han Zheng, likewise an individual from the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, was welcome to visit Singapore from September 19 to 21. Amid his visit, Han reviewed the Singapore City Gallery and PSA International Pte Ltd (PSA), and found out about the association of COSCO SHIPPING and PSA in the Belt and Road development. 

On the evening of September 19, Vice Premier Han Zheng, who was on a visit to Singapore, investigated the COSCO-PSA Terminal (CPT) at the Port of Pasir Panjang. 

Han boarded COSCO SHIPPING CAPRICORN, a 20,000 TEU containership berthing at the Port. He visited the robotized terminal control focal point of PSA International Pte Ltd (PSA) and tuned in to reports by officials of COSCO SHIPPING and PSA on taking an interest in the Belt and Road and Southbound entry development. Capt. Xu Lirong, Chairman and Party Secretary of COSCO SHIPPING, went with Han on his visit. 

Amid the investigation, Han said the collaboration between COSCO SHIPPING and PSA sets a model of partnership between mammoths in the global delivery network. China-Singapore collaboration appreciates wide prospects, he stated, encouraging the two organizations to get a handle on the open doors from the Belt and Road Initiative to additionally advance their participation. 

As a joint endeavor between COSCO SHIPPING Ports and PSA, COSCO-PSA Terminal Pte Ltd (CPT) works three compartment billets at Pasir Panjang. Lately, the organization has kept up a sound force of improvement with an unfaltering increment in benefits. 

On the evening of September 20, Vice Minister of Transport He Jianzhong, who went with Han Zheng on his visit, examined COSCO SHIPPING (Southeast Asia) Co., Ltd. also, found out about COSCO SHIPPING's tasks in Southeast Asia. Talking profoundly of the accomplishments made by COSCO SHIPPING in the area, he said the Ministry of Transport will consistently focus on and bolster the Group's advancement in the locale, and anticipated that it would make more noteworthy commitments to the Belt and Road and Southbound entry development. 

Amid his visit, Capt. Xu boarded COSCO SHIPPING CAPRICORN and CSCL SUMMER and expanded his Mid-Autumn Festival favors to the team for the benefit of the Group. He likewise directed a working gathering of COSCO SHIPPING (Southeast Asia) in Singapore and welcomed Chinese and outside representatives there. 

Amid his examination to Cogent Holdings Limited, Capt. Xu empowered the Chinese and Singaporean administration and staff to use the organization's framework, administration, administration and social focal points to build up the Group's coordinations business and encourage more cooperative energies with the delivery business portion. 

Relevant Holdings Limited was enrolled in 1960 in Singapore, where it has 260,000-square-meter distribution centers and compartment yards ready to suit 40,600 TEU, and works in excess of 100 tractor-trailers and 400 trailers. Furthermore, the organization likewise takes part in reinforced vehicle transportation and capacity, with warehousing and capacity yard tasks in Malaysia, Indonesia, Myanmar and Thailand. It was gained by COSCO SHIPPING through a delicate offer in 2018. 

Mr. Sun Yunfei, Executive Vice President and Chief Financial Officer of COSCO SHIPPING, Mr. Wang Haimin, Managing Director of COSCO SHIPPING Lines, Mr. Zhang Wei, Managing Director of COSCO SHIPPING Ports, and Mr. Gu Jinsong, President of COSCO SHIPPING (Southeast Asia), and in addition administrators from the Operating Management Division and Finance and Accounting Division were likewise present at the exercises.