On December 23, New Golden Sea, a subsidiary of COSCO SHIPPING Holdings, launched the maiden voyage of its new Indonesia route YIX in Yangpu, Hainan. It marks the opening-up of another new shipping route between China and the ASEAN countries. Three 1,700 TEU vessels with stable carrying capacity will be deployed to call at the ports in Yangpu, Guangzhou, Indonesia and Singapore on the route.

The new Indonesia route YIX effectively addresses the needs of e-commerce enterprises in South China to expand overseas and the development of Hainan Free Trade Port. An efficient shipping network connecting China with Indonesia and even the entire Southeast Asia has been established, to promote collaborative development of the regional economy. The hassle-free liner services along the new Indonesia route facilitate cargo trades.

The launch of the new route extends the Maritime Silk Road and marks the steady progress of the Company's strategy in the emerging markets of ASEAN. COSCO SHIPPING Holdings grasps this opportunity to optimize its service network in Indonesia, continuously enhance regional connectivity, create new drivers for the industrial upgrade and trade innovation at Hainan Free Trade Port, and help accelerate the response time of e-commerce enterprises in South China.

by Xinde Marine News Chen Yang

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