COSCO SHIPPING International (Singapore) Co., Ltd has announced the signing of framework agreements with Shenzhen Ocean Shipping Co., Ltd. The agreements, disclosed on 21 October 2025, focus on providing ship repair services and procuring ship materials, marking a significant collaboration between the two companies.
The agreements aim to streamline operations and enhance service delivery in the maritime sector. By partnering with Shenzhen Ocean Shipping, COSCO SHIPPING seeks to leverage synergies in ship repair and material procurement, potentially reducing costs and improving efficiency.
This collaboration is expected to bolster COSCO SHIPPING’s operational capabilities, aligning with its strategic goals to expand its service offerings and strengthen its market position. The agreements underscore the company’s commitment to enhancing its service portfolio and maintaining high standards in maritime operations.
