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COSCO Shipping Holdings Co., Ltd., formerly China COSCO Holdings Company Limited was established in the People's Republic of China in 2005. It is the listed flagship and a subsidiary of China Ocean Shipping (Group) Company ("COSCO Group"), the largest integrated shipping company in China and the second largest in the world.
China Ocean Shipping Company (1961–1993) China Ocean Shipping Company, or COSCO in short, was founded in 1961 as a Chinese government agency. In the same year, a subsidiary was formed in Guangzhou, Guangdong Province. The Guangzhou subsidiary purchased a British vessel and renamed it as Guanghua ( Chinese: 光华 ).
In 1964 China Ocean Shipping Co. established a subsidiary in Shanghai, COSCO Shanghai, which later specialized in container shipping. Container ship COSCO Hamburg , San Francisco, California, 2007 In 1978, COSCO Shanghai's MV Ping Xiang Cheng transported 162 TEU from Shanghai to Sydney, Australia , which was the first international container ...
McKinsey has acknowledged commercial links to China Ocean Shipping Company (COSCO), a state-owned conglomerate that has played a key role in China’s naval expansion and Beijing’s bid to extend ...
China Shipping Group Company, Limited, formerly China Shipping (Group) Company, [a] is a former Chinese state-owned shipping conglomerate. It is now one of the intermediate holding companies for another Chinese state-owned conglomerate, China COSCO Shipping, which was formed by a merger of China Ocean Shipping Company (COSCO) and China Shipping Group by the creation of a new parent company for ...
China: 83,868 84 0.3% 23 Regional Container Lines (RCL) Thailand: 77,153 34 0.3% 24 Global Feeder Shipping LLC United Arab Emirates: 76,616 33 0.3% 25 Ningbo Ocean Shipping Co. China: 75,077 80 0.3% 26 Emirates Shipping Line United Arab Emirates: 72,188 14 0.3% 27 Swire Shipping Singapore: 71,023 36 0.2% 28 Matson United States: 69,235 29 0.2% ...
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 Development Co., Ltd., stylized as COSCO SHIPPING Development is a financial services company based in Shanghai, China . 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 ...
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