COSCO SHIPPING Specialized(SH:600428) 2 1 Shi Ji Jing Ji Bao Dao·2025-05-27 07:32Core Insights - The launch of the "Zhongyuan Shipping South America East BRICS Express" service marks a significant upgrade in logistics capabilities, transitioning from bi-weekly to weekly sailings, allowing for faster delivery times to major South American ports [1][2] Group 1: Service Upgrades - The service will now operate on a weekly schedule, ensuring quicker turnaround times and more reliable schedules [2] - The fleet includes over 40 large multi-purpose pulp ships, enhancing capacity for the South America East BRICS Express service [2] - The optimized port call sequence includes major Chinese ports and key South American ports, reducing transit time to as fast as 30 days [2] Group 2: Logistics and Trade Impact - The service is designed to accommodate various cargo types, including vehicles and containers, providing logistics solutions for manufacturers in the Guangzhou area [3] - The BRICS Express will support the import of cold chain logistics, facilitating the transport of perishable goods from South America to China [2][3] - China has maintained its position as the second-largest trading partner of Latin America, with trade expected to exceed $500 billion in 2024, highlighting the importance of this service for trade expansion [3]