Leading Chinese shipping company, COSCO, wants to include the southern Croatian seaport of Ploce in its business plans in order to establish regular shipping connections, giving the opportunity for the Ploce Port to become an import-export destination in 2019, the director of COSCO's regional office, Vladimir Lekic, said in Sarajevo on Tuesday.
COSCO owns the third largest shipping fleet in the world and currently does business with the Port of Rijeka, where it has been present since 2009, as well as Slovenia's Koper port for freight transport to central European countries.
In 2016, COSCO bought a majority ownership package in the Greek Port of Piraeus, which has become the company's main Mediterranean hub for freight transport.
Smaller ships then transport freight containers to Adriatic ports and COSCO wants to add Ploce to its list of destinations from where it will be able to service the growing demand in Bosnia and Herzegovina.
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