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    COSCO to launch cruise route in South China Sea

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    Date
    June 22, 2016
    Author
    Reuters
    Metadata
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    Classification code
    ML20160622_A9
    Excerpt
    State-owned China COSCO Shipping Corp plans to launch cruise trips in the South China Sea next month, with the first route to travel from Sanya city in the country's southeast to the disputed Paracel Islands, state media reported on Tuesday. The Paracels, known as the Xisha Islands in Chinese, are also claimed by Vietnam and Taiwan. "It is practical to stimulate the local economy through development of tourism, logistics and infrastructure facilities," the China Daily newspaper quoted the company's chairman Xu Lirong as saying at a conference over the weekend. In April, China's largest shipping company signed a contract with China National Travel Service Group Corp and China Communications Construction Co Ltd to establish a cruise company to offer tourism services in the South China Sea.
    Citation
    COSCO to launch cruise route in South China Sea. (2016, June 22). Malaya Business Insight, p. A9.
    URI
    http://hdl.handle.net/20.500.12174/8059
    Corporate Names
    COSCO Shipping Corp. China Natioanl Travel Service Group Corp. China Communications Construction Co Ltd.
    Personal Names
    Xu, Lirong
    Geographic Names
    South China Sea (SCS) Sanya City Paracel Island Xisha Islands Vietnam Taiwan Brunie Malaysia Natuna Island
    Subject
    cruises disputes territorial waters tourism economics Shipping
    Collections
    • Malaya [447]

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