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JinkoSolar Signs Agreement With COSCO To Use Piraeus Port As A Distribution Hub For Europe

JinkoSolar signs agreement with COSCO to use Piraeus port as a distribution hub for Europe

JinkoSolar Signs Agreement With COSCO To Use Piraeus Port As A Distribution Hub For EuropeSource: Hellenic Republic Asset Development Fund

Piraeus, Greece (PortSEurope) December 11, 2019 – China’s JinkoSolar Holding Co., Ltd., one of the largest global solar module manufacturers, has announced the signing of an agreement with COSCO Shipping Lines (Greece) to use Piraeus port as a distribution hub for the shipment of its renewable energy products in Europe, and in particular for Greece, the Balkans and the EMEA region.

“The Port of Piraeus is the ideal distribution hub to strategically expand JinkoSolar’s logistics and distribution network in Europe,” said Frank Niendorf, General Manager of JinkoSolar Europe. “This partnership with COSCO will enable us to work very closely with our clients in the region by providing an optimized logistics solution that will not only be reliable, timely but most of all, cost-efficient.”

Xudong Su, Managing Director of COSCO Shipping Lines (Greece) commented, “Today’s agreement is an important milestone for COSCO. This partnership reflects the trust JinkoSolar has in our experienced team and operations to provide the highest quality E2E Supply Chain Solutions through the distribution hub in the Port of Piraeus. This is a historic collaboration for both companies as we jointly work to generate long-term sustainable growth.”

COSCO Shipping Ports Limited is the operator of Piraeus Port Authority SA (PPA), following a concession agreement signed 2016. The Chinese company has developed the port and aims for it to become one of the biggest ports in Europe, and a key hub for China’s new Silk Road. It can serve as a entry point for other Chinese companies exporting goods to Europe.

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