The COSCO Shipping Fountain, carrying over 3,300 metric tons of equipment, departed from Taicang Port in Suzhou on April 7, bound for Chancay Port in Peru. It is the first multi-purpose cargo ship bound for Chancay since the establishment of a sister-port relationship between Suzhou Port and Chancay Port on March 3.

The COSCO Shipping Fountain docks at the Taicang Port. [Photo/WeChat account: tcfbgw]

To ensure a smooth journey, Taicang Customs conducted on-site supervision during the loading process, offered priority clearance services, and provided round-the-clock logistics assistance.

Mechanical equipment is lined up in a row on the deck of the COSCO Shipping Fountain. [Photo/WeChat account: tcfbgw]

Chancay Port is one of COSCO Shipping Holdings' landmark projects under the Belt and Road Initiative in Latin America. Since it began operating in November 2024, Chancay Port has reduced the one-way time between China and Peru from 35 days to 23 days, cutting logistics costs by 20 percent.

In the first quarter of this year, the value of goods exported from Suzhou Port to Peru, such as automobiles and construction machinery, amounted to around 500 million yuan ($68.53 million), representing a 30-percent year-on-year increase.