Cosco Shipping Bulk signed a strategic cooperation framework agreement with Tianyuan Manganese Industry Group on March 7.
 
Cosco Shipping Bulk is the largest and professional bulk shipping corporation in the world, with more than 400 various types of bulk carriers and nearly 40 million DWT, loading iron ore, coal, grain and all other bulk cargoes.   Shipping routes cover both China coastal areas and world-wide major ports, and the shipping service networks spread all over the world.
 
It is reported that the cooperation between the two sides marks the further guarantee of manganese ore transport business at sea, which plays an important role in reducing transport costs for enterprises and maintaining the safety and stability of the industrial chain and supply chain. It will also reserve the national electrolytic manganese strategic resources and promote the green development of China's electrolytic manganese metal industry.

The opinions expressed herein are the author's and not necessarily those of The Xinde Marine News.