COSCO SHIP HOLD(SH:601919) Zhong Guo Xin Wen Wang·2025-10-28 05:18Core Points - The new "Far East - South America West" shipping route has been launched from Hainan Yangpu Port to Peru's Chancay Port, operated by China COSCO Shipping Group [1] - This route integrates Yangpu Port as a core stop, enhancing logistics efficiency between Hainan and South American countries [1] - The shipping time for one-way travel is stabilized at 29 days, improving the delivery of frozen seafood and agricultural products [1] Company Developments - COSCO Shipping has deployed 10 large container ships to ensure capacity for the new route [1] - The direct shipping line will leverage COSCO's global network to connect logistics from "China's coastal areas - Southeast Asia - Pacific - South America" [1] - The Yangpu Port is positioned as a key hub in the construction of Hainan Free Trade Port and the Western Land-Sea New Corridor [1] Industry Impact - The new route is expected to lower logistics costs and enhance the freshness of products such as Peruvian avocados and Chilean cherries [1] - Yangpu Port is accelerating the development of a "dual hub" port strategy, aiming to serve as a southern hub for domestic north-south routes and an eastern hub for east-west routes to North America [2] - The first phase of the international container hub expansion project at Yangpu is expected to increase annual throughput capacity to 5 million TEUs [2]