COSCO Agrees Terminal and Security Deals


08-16-2017 - PORT TECHNOLOGY

Chinese state-owned enterprise COSCO Group has signed a flurry of deals in the past two weeks.

Through a strategic partnership with China Electronic Technology Cyber Security signed on August 1, COSCO Shipping aims to innovate on the cyber information security methods.

It will explore ‘overall security’ for a centrally-administered state-owned enterprise, in a market-oriented manner.

Maritime companies are re-examining cybersecurity following the ‘Petya’ cyberattack on Danish APMT’s container terminals, which caused serious disruption at 17 of its terminals.  CLICK HERE TO READ FULL ARTICLE