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As a result of the merger, COSCON acquired the assets of CSCL and was renamed COSCO SHIPPING Lines. Meanwhile, CSCL acquired the container leasing subsidiaries of China Shipping Group and COSCO Group, and became a container leasing company. The newly created COSCO Shipping Lines has 502 container ships with 3.0 million TEU.
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 ...
The standard carrier alpha code "NYKU" on an NYK Line container The Standard Carrier Alpha Code ( SCAC ) is a privately controlled US code used to identify vessel operating common carriers (VOCC). It is typically two to four letters long.
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 ...
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.
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 ...
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 ...
An order bill of lading is used when shipping merchandise prior to payment, requiring a carrier to deliver the merchandise to the importer, and at the endorsement of the exporter the carrier may transfer title to the importer. Endorsed order bills of lading can be traded as a security or serve as collateral against debt obligations. [21]