On September 21st, 2023 COSCO SHIPPING Energy Partner Conference was successfully held in Shanghai. Under the theme of "Win-win Cooperation in Energy Transportation Industry Chain in Ever-changing Era", more than 360 guests attended the conference, including representatives of petroleum and petrochemical enterprises, traders, refineries, authorities, scientific research institutes, classification societies, shipyards, terminals, banks, insurances, brokers, equipment suppliers, and other related partners from the upstream and downstream of the global energy industry chain. During the conference, guests shared their insights and reached a consensus on how to promote the development of the global energy transportation industry chain and supply chain.

Leadership from COSCO SHIPPING Group, Oil and Gas Department of National Energy Administration, Waterway Transport Department of Ministry of Transport, Shanghai Hongkou District and relevant enterprises delivered speeches.

The conference pointed out that COSCO SHIPPING Energy is committed to becoming an outstanding leader in global energy transportation, providing customers with high-quality total energy transportation solutions and value-added services, and realizing the corporate mission of connecting the world by supply chains and delivering energy by ships. It will actively integrate into the new ecology of the global energy transportation industry chain and continuously promote the extension and strategic docking of the energy transportation industry chain. COSCO SHIPPING Energy is willing to build a win-win platform for all parties, promote the industry's inclusive development, cooperation, and integration, and establish a high-quality energy transportation ecosystem, thus jointly ensuring the safety and smooth flow of the global energy transportation supply chain, and exploring the pathway for the industry chain's green, low-carbon and intelligent development.

The conference emphasized that in the face of unprecedented changes in the world, times, and history, all parties should work together to build a high-quality energy transportation ecosystem, and jointly maintain the resilience and stability of the global energy transportation industry chain and supply chain. First, we should make efforts to improve the weak points, actively carry out upstream and downstream cooperation of the industrial chain, and jointly enhance the cooperation efficiency of the industry chain and supply chain. Second, we should deepen open-up and cooperation, actively explore new industry chains and new markets under the new changes, and innovate the cooperation paradigm of industry chain and supply chain. Third, we should promote the development of green and low-carbon shipping, promote the transformation and upgrading of digital intelligence, strengthen risk prevention, enhance the capability of coping with emergencies, and improve the security and resilience of industry chain and supply chain cooperation.

The conference invited experts and scholars from national think tanks, China TravelSky Holding Company, Dalian Maritime University, China Maritime Safety Administration, Drewry, and BP Group to discuss hot issues and challenges of the industry, and deliver speeches around the theme of "Win-win Cooperation in Energy Transportation Industry Chain in Ever-changing Era". The guests expressed their insights from the industry prospect, policy support, cooperation, and other aspects, discussed the future of energy upstream and downstream industries, and built industry consensus, which would help promote the deep integration of the industry chain, supply chain, and contribute to the steady and prosperous development of the energy industry.

At the conference, COSCO SHIPPING Energy signed cooperation agreements with relevant parties in the energy transportation industry chain and supply chain.

Form industry clusters based on industry chain and supply chain, and build momentum by integrating clusters. COSCO SHIPPING Energy is willing to join hands with all parties to build a new global energy transportation ecosystem that is safe, stable, smooth and efficient, open and inclusive, and mutually beneficial, promoting the growth of the industrial chain and supply chain into a "win-win chain" and a high-end value chain!