COSCO SHIPPING delivers first shipment for Midea’s Rio Brasil factory project

COSCO SHIPPING has successfully transported the first batch of goods for Midea’s new factory construction project to Rio Brasil Terminal, which were then safely delivered to the CLIA POUSO ALEGRE.

COSCO SHIPPING delivers first shipment for Midea’s Rio Brasil factory project

CLIA POUSO ALEGRE is a warehouse near the new factory, Midea Industria do Brasil, in Minas Gerais State.

Midea Industria do Brasil’s construction started this April and will be completed in 2 July 2024.

The plant covers over 70,000 square metres and can produce 1.3 million appliances annually, including refrigerators and washing machines, meeting the demand from both Brazil local market and other South American countries.

​　　COSCO Shipping will provide Midea with professional full logistics supply chain solutions for container and bulk cargo transportation to ensure the smooth construction of the new factory.

In October 2023, COSCO SHIPPING Ports Limited (CSP) announced third quarter results of the company and its subsidiaries for the three months and nine months ended 30 September 2023.

More recently, COSCO Heavy Industry Shanghai Co. signed a contract with MAN Energy Solutions for the methanol retrofit of four main engines from COSCO Line’s Camellia and Virgo – class vessels, 13,800 and 20,000 TEU respectively.