On June 7, COSCO SHIPPING Bulk and SPIC Aluminum & Power Investment Co., Ltd. held a signing ceremony for the incremental transportation contract for the Guinea project in Yinchuan. Chairman and President of COSCO SHIPPING Bulk Mr. Gu Jinsong and Chairman of SPIC Aluminum & Power Investment Mr. Feng Jianqing attended the ceremony. Vice President of COSCO SHIPPING Bulk Mr. Chen Yan and Vice President of SPIC Aluminum & Power Investment Mr. Zhao Mingjie signed the contract on behalf of both parties.
During the meeting, the two sides had an in-depth exchange of views on the difficulties in the current project implementation, the recent dry bulk shipping market situation and bauxite ore production in Guinea, ultimately reaching a consensus on further deepening mutual cooperation.
