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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]
China COSCO Shipping Corporation Limited (branded as COSCO Shipping) is a Chinese state-owned multinational marine transportation service conglomerate, headquartered in Shanghai. [3] It was established in January 2016 by the merger between China Ocean Shipping Company and China Shipping Group Company .
It became COSCO Development, [d] which engaged in real estate. The direct parent company of COSCO Development was sold in 2005, thus COSCO Development was no longer part of the COSCO Group. [32] Also in 2005, COSCO Group acquired a company from COSCO Development. [33] That company was the operator of Boao Forum for Asia. [22] [non-primary ...
Daxiong Wang has been the CEO of COSCO SHIPPING Development Co., Ltd. (HKG:2866) since 2016. First, this article will...
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China Shipping Container Lines engaged in container shipping line but after renaming to COSCO Shipping Development, engaged in leasing container and vessels only. [28] While China Shipping Development, now COSCO Shipping Energy Transportation, engaged in oil tanker business. [29]
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A COSCO container ship sails from Boston Harbor. In 1961 China established a state-run maritime shipping company and subsequently signed shipping agreements with many countries, laying the foundation for developing the country's ocean transport. That organization developed into the present-day China Ocean Shipping (Group) Company . The Chinese ...