ASL Shipping & Logistics, a subsidiary of China’s Cosco Shipping Specialized Carriers, has entered into a strategic partnership with Varamar Shipping, aiming to target breakbulk and semi-liner trades globally. Cosco-ASL is more active in the 30,000 to 80,000 deadweight tonnage (dwt) segment, while Varamar is focused on the 4,000 to 30,000 dwt range. The partnership aims to broaden the scope of their current operations, both geographically and in terms of vessel size. Under the strategic partnership, the companies will promote each other’s schedules and cooperate on joint marketing activities.