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Jun 28 2022

COSCO makes port of Trieste its new rail hub on the way to Budapest

After two successful test container trains on 22 and 27 June, COSCO Shipping Italia aims to launch a regular rail freight connection between the port of Trieste and Budapest. The ocean-rail concept that links sea services to hinterland destinations could offer four weekly roundtrips soon while serving big customers.

Speaking of ‘big names’, COSCO will provide its services to Hisense Group, a Chinese white goods and electronics manufacturer based in Qingdao, China. In fact, the second test train between Trieste and Budapest, which departed on 27 June, was full of Hisense’s household appliances.

 

Marco Donati, general manager of Cosco Shipping Lines Italy, commented on Italian media that the new train service “must be viewed as the train that will help manage Hisense’s traffic towards Slovenia, but also as the opportunity to bring more customers and traffic on the route between Trieste and Budapest”.

 

Trieste as a hub

During the inauguration ceremony of the second pilot train, attendees did not focus that much on the potential frequency of the new train service but on the fact that the port of Trieste is COSCO’s new focal point for development. Local players see it as an opportunity for the entire Friuli Venezia Giulia region, where the port is located, to grow. It must be noted that the region recently received a budget of 30 million euros from the EU Commission for this purpose exactly: to boost rail freight and shift more cargo from road to rail. Read more

 

Source: RAILFREIGHT.COM