X-Press Feeders and COSCO sign partnership and leasing agreement

X-Press Feeders Group, the world’s largest independent common carrier, has signed two agreements with China’s COSCO, the world’s fourth largest containerline, to expand network coverage and strengthen mainline-feeder coordination.

Under the partnership agreement, both companies will explore opportunities to cooperate as partners in feeder services across Asia, the Middle East, the Mediterranean, North Europe and Latin America. For the leasing agreement, X-Press Feeders will provide COSCO with the first option to charter newbuild vessels from X-Press Feeders, which may be deployed to support joint services where appropriate.

“This collaboration reflects our shared commitment to building a more connected and sustainable shipping network,” said Francis Goh, chief operating officer of X-PressFeeders. “By aligning our capabilities and vision, we aim to deliver more efficient, customer-centric solutions.”