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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.
The group was a Chinese state-owned multinational transportation conglomerate. By May 2014, China Shipping's container shipping subsidiary – China Shipping Container Lines – operated 156 container vessels with 656,000 TEU capacity. [6] China Shipping Container Lines' container ship CSCL Globe was the world largest in 2014. [7]
Yard number IMO number Delivery Status ref Shanghai Waigaoqiao Shipbuilding (20119 TEU) COSCO Shipping Taurus: 1413 9783459 29 Jan 2018 In service [2] COSCO Shipping Virgo: 1414 9783461 29 May 2018 In service [3] COSCO Shipping Sagittarius: 1415 9783473 17 Oct 2018 In service [4] Dalian Shipbuilding Industry (20119 TEU) COSCO Shipping Gemini ...
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.
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]
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 ...
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.