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On July 24, 2018, COSCO SHIPPING Lines reported a cyber attack to its operations in the United States, Canada, and South America. [16] [17] [18] COSCO later reported that the attack caused minimal disruption to its operations. [19] In 2018, COSCO SHIPPING Holdings acquired Hong Kong-based OOIL, the parent of OOCL, for US$6.3 billion. [20] [21]
China COSCO Shipping Corporation Limited (branded as COSCO Shipping) is a Chinese state-owned multinational marine transportation service conglomerate, headquartered in Shanghai. [2] It was established in January 2016 by the merger between China Ocean Shipping Company and China Shipping Group Company .
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 ...
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 Shipping Libra: C20K-2 9783538 17 Jul 2018 In service [6] Nantong Cosco KHI Ship Engineering (19273 TEU) COSCO Shipping Aries: NE231 9783497 15 Jan 2018 In service [7] COSCO Shipping Leo: NE232 9783502 23 Apr 2018 In service [8] COSCO Shipping Capricorn: NE233 9783514 18 Jul 2018 In service [9] COSCO Shipping Aquarius: NE234 9789623 5 Jun ...