Cosco Shipping Bulk has set up a representative office in Geneva in yet another example of major bulker owners expanding their presence in the grains trading hub.
According to various Chinese media reports, the office, which opened on 26 November, is state-owned China Cosco Shipping’s first branch in Switzerland.
The Cosco group of business is hoping to enhance its cooperation with the Swiss business community as part of its global business strategy, Cosco Shipping Bulk’s chairman Huang Xiaowen said during the office’s opening ceremony.
