On Feb. 25, Capt. Wei Jiafu, President and CEO of COSCO Group met Mr. Frank Lu, Chairman of YANG MING Marine Transport Corp. Capt. Wei briefed the delegation COSCO's business in year 2009, and the new trends in the domestic shipping market. Chairman Lu and Capt. Wei thoroughly exchanged views on the development trend of  Asian shipping market. Both parties expressed the willingness to enhance cooperation on shipping services. Capt. Zhang Liang, Vice President of COSCO Group and executives from related departments of COSCO Group attended the meeting.