Cosco Americas; Cosco Container Lines Americas

https://www.cosco-usa.com
Author picture

Wan Min

All of us in the ocean transportation business are facing many challenges in 2010 in the context of financial crisis, but there are also many signs of global economic recovery. In China there are even signs of economic upturn.

It is important and critical at the moment for everyone in this industry to have rational understanding of the market and reasonable response to the situation, and only by doing this can we have confidence and trust among shipping lines and trust between shipping lines and their customers.

In order to overcome the present difficulties, we need to make more efforts to get support from our customers, to rationally understand the cycle of the shipping market, to respond to the requirement of environmental protection, and to pursue a joint development with our customers and competitors.

Opportunities and challenges always coexist in the future. The financial crisis is a severe test for the shipping industry. However, the trend towards a prosperous development of shipping is irreversible.

With the steady upturn of economy and trade, the spring of shipping will surely come at last.