SC "CTO" will increase the handling volumes due to the introduction of vessels with larger capacity to the line by COSCO Shipping Lines.

Subsidiary company "Container Terminal Odessa" of the German HHLA International GmbH ("CTO"), which handled the first vessel of the new weekly feeder service of the COSCO Shipping Lines in early November, will increase the handling volumes due to the introduction of vessels with larger capacity to the line by COSCO Shipping Lines.

According to the press service of the SC with reference to the Executive Commercial Director of SC CTO, Mr. Igor Yarovenko, initially the service was served by two ships, Asiatic Island and AS Laetitia with calls to the ports of Alexandria - Mersin - Novorossiysk - Odessa - Piraeus - Alexandria. After the successful launch of the service, COSCO Shipping Lines has renewed its fleet to more capacious container ships since December this year, in particular, the new two ships Nordviolet and Michigan Trader have been put on the service.

"As an operator of the largest container terminal in Ukraine, our company continues to expand the customer base as a result of the high standards of the service we provide, which is one of the most important and key advantages of the HHLA Group of Companies." We hope that the successful launch of this service will be a good base for further development and strengthening strategic cooperation between the companies "CTO" and COSCO Shipping Lines", - Anastas Kokkin,the General Manager of "CTO" said.

As reported, Container Terminal Odessa began servicing the line services of three international shipping companiesin May this year. It was about regular services of Hapag Lloyd, Yang Ming Line and Maerskshipping lines.

The company "Container Terminal Odessa" is a subsidiary of HHLA International GmbH and is a member of the group of one of the European leading logistics holdings, the German company HHLA AG (Hamburg).

Since 2010, the company is building a new container terminal in cooperation with the ASPU. The project of the construction of the Quarantine mole terminal, which provides for the expansion of the through capacity for 600 000 TEU annually is one of the largest infrastructure projects in the maritime transport industry of Ukraine. The total investment exceeds UAH 5 billion. Construction started in April 2010. In 2017, about 40% of all container flows were handled by SC CTO at the new berths of the Quarantine Mole.

COSCO Shipping Lines Co., Ltd headquartered in Shanghai, is an enterprise specializing in international and domestic container shipping and related services. Its predecessor is the former COSCO Container Lines Co., Ltd, established on November 11, 1997.

The company's activities include international and domestic container shipping, slot booking, ship leasing, ship trade, supply of ship materials, spare parts, food and fuel companies related to shipping and the coastal industry, inland sea freight and ship agency, seamen communication services, warehouse and multimodal transportation, etc.

Subsidiary Company Container Terminal Odessa member of the HHLA Group Wed Jul 15 01:04:33 2020