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In 2018, COSCO SHIPPING Holdings acquired Hong Kong-based OOIL, the parent of OOCL, for US$6.3 billion. [20] [21] In 2021, COSCO became one of the first global shipping companies to utilize the blockchain-enabled efficiency improvement application Cargo Release. [22] Cosco has a terminal at Abu Dhabis new Khalifa Port.
Number of employees. 118,243 (2020) [1 ... Its container shipping subsidiary – COSCO Container Lines – was one of the world's top 10 container carriers in terms ...
COSCO was founded in 1961 as a state-owned shipping and logistics services supplier company. [1] COSCO headquarters is in Ocean Plaza in the Xicheng District in Beijing. [2] [3] It owns 1114 ships, including 365 dry bulk vessels, a container fleet with a capacity of 1,580,000 twenty-foot equivalent units (TEU), and a tanker fleet of 120 vessels ...
At that time, COSCO International was the second largest shareholder of Sino-Ocean Group for 16.85% stake. [14] In 2015, the ultimate parent company, COSCO, merged with China Shipping Group to become China COSCO Shipping, or known as COSCO Shipping. Thus, the listed company was renamed into COSCO Shipping International (Hong Kong) Co., Ltd.. [15]
Yard number IMO number Delivery Status ref COSCO Belgium: NE111 9516404 28 Feb 2013 In service [2] COSCO France: NE112 9516416 24 May 2013 In service [3] COSCO England: NE113 9516428 30 Aug 2013 In service [4] COSCO Netherlands: NE114 9516430 18 Nov 2013 In service [5] COSCO Spain: NE115 9516442 14 Feb 2014 In service [6] COSCO Italy: NE116 ...
It was known as China Shipping Container Lines (CSCL) and was among the world's largest container liner companies. It exited the container shipping business and was renamed to COSCO SHIPPING Development because of the COSCO-China Shipping merger in 2016. [1] As CSCL, the company was ranked 1503rd in 2012 edition of Forbes Global 2000. [2]
In 2003, COSCO Pacific is a co-investor of a phase of Qingdao Qianwan Container Terminal, for 20% shares of the SPV that carry the actual investment. [9] [10] In the same year, COSCO Pacific also formed a joint venture with PSA. [11] In 2008, COSCO Pacific made a bid for a 35-year concession to operate the container port of Piraeus.
Ship Built DWT TEU Flag IMO Notes Chuan He: 1997: 69,285: 5,446 China 9120798: Jin He: 1997: 69,283: 5,446 Panama 9120786: Scrapped in 2017 Lu He: 1997: 69,285: 5,446 ...