Sheikh Mohammed Bin Rashid Al Maktoum Solar Park, currently the largest single-site solar power plant in the world. © Pazemin Dreamstime.com
The Al Dhafra PV2 solar project in Abu Dhabi, the world’s largest single-site PV plant, awarded Cosco Shipping Specialized Carriers (CSSC) a nine-month contract to ship PV modules, transformers and cargo associated in containers.
CSSC is the general-purpose vessel and general cargo operating arm of China Cosco, and although its MPVs can carry containers, the company owns none and will lease 3,000 from the freight forwarder subsidiary Shenzhen Yihaitong Global Supply Chain. Management for 270 days at a cost of $ 10.53 million.
The Al Dhafra project, owned by EDF Renouvelables, Jinko Power, Abu Dhabi Future Energy and Abu Dhabi National Energy, is expected to be completed this year and will provide electricity to Emirates Water and Electricity over 30 years.
CSSC said the project cargo will be shipped from Shanghai or Taicang in China to Abu Dhabi.
In addition, the company signed a $ 53 million two-year charter agreement (COA) with Yihaitong for two to three shipments of 550 to 750 teu from China to Brazil. A total of 36,600 TEUs of goods are expected to be transported.
The Chinese carrier said the COA was a response to the government’s call to stabilize foreign trade amid soaring container freight rates.
CSSC added, “Due to the current situation in the container shipping market, Chinese companies have encountered serious logistical problems with exports. “
Brazil mainly exports wood pulp to China, but the COA makes sure the company has cargo to transport from China to Brazil, making the round trip more viable.