In a bid to explore navigation in the Northwest Passage and develop ships that are suitable for Trans-Arctic shipping, Cosco and classification service provider American Bureau of Shipping (ABS) have signed a cooperation agreement, which also aims to expand Cosco’s use of the Northeast Passage, according to World Maritime News.
Eric Kleess, COO and President of the Greater China Division at ABS, said: “ABS is excited to work with COSCO to develop this pioneering trading route.”
Captain Meijiang Cai, Director of the Safety and Technology Supervision Division at Cosco, said: “Further cooperation between Cosco and ABS will allow us to make new contributions to the sustainable use of Arctic sea routes.”
It was previously reported that Cosco was planning to launch several regular shipping services in a bid to significantly step up its trading ambitions with Europe.
While the Northwest Passage has been viewed as a much faster route in comparison to the Suez and Panama Canal, it is still a treacherous area for commercial shipping.