COSCO AND MEDITERRANEAN SHIPPING TO RUN NAPLES CONTAINER TERMINAL
China Ocean Shipping Co. and the Swiss shipping group Mediterranean Shipping Co. will sign a joint venture agreement to operate a container terminal in Naples, southern Italy.
The two container shipping lines plan to operate the Nuova Darsena di Levante port facility in Naples.
The announcement of the joint venture should be made in the next few weeks, an executive at COSCO in Italy said.