COSCO Shipping Car Carriers Co's sea route from Shanghai to the Persian Gulf began operations on Saturday as an auto carrier loaded with Chinese-made vehicles departed, the company said.
The auto carrier carrying 3,859 vehicles will arrive at Dubai's Jebel Ali Port and Saudi Arabia's Dammam Port in 17 days. Two auto carriers will operate on the route each month, which will double the company's transport capacity.
The increase in the company's transport capacity comes as Chinese auto exports are surging.
In order to meet surging demand in overseas markets, Chinese automakers have been expanding their investment in export supply chains and purchasing auto carriers to ship finished vehicles.
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