COSCO definition
Examples of COSCO in a sentence
COSCO should work with their own service providers and subcontractors to ensure that they also strive to meet the standards of the COSCO code of conduct and the principles outlined in this document.
COSCO (also referred to as ‘Suppliers’ or ‘Supplier’) shall ensure their operations and the products and services supplied to Cadeler comply with Chinese laws and regulations.
The service will be initially operated with six vessels in the size range of approximately 10,000 to approximately 12,000 TEUs, to be provided by COSCO SHIPPING (2), PIL (2), WHL (1) and CMA CGM (1).
Subject to the terms and conditions hereinafter set forth, PIL, WHL, COSCO SHIPPING and CMA CGM undertake to operate shared service and to allow each other to charter Slots on their Vessels for the carriage of Containers of the volume and on the terms hereinafter described.
Accordingly, COSCO SHIPPING is an indirect controlling shareholder of the Company and therefore a connected person of the Company.