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Blog | On May 30, 2010, Financial Times, a renowned financial media in the UK, released the latest FT Global 500 list, in which, China COSCO ranked the 450th, the third successive year for China COSCO to be included in the list since 2008. As a key industrial cluster, it will further sharpen its advantages in core technologies and market share in offshore equipment manufacturing, shipbuilding and other related fields. The vision of China COSCO Shipping is to undertake the mission of globalizing Chinese economy, consolidate  advantageous resources, take global shipping, integrated logistics, and shipping related financial services as  core business, and develop diversified industrial clusters, so as to build a world-leading business entity that  provides integrated logistics and supply chain services. The  upstream and downstream links along the industry chain, such as terminals, logistics, shipping finance, ship  repair and shipbuilding, have formed a sound industrial structure. China Shipping Group Co. Ltd. offers shipping services. Recruiting Established in Shanghai in 1997, CSCL were respectively listed on Hong Kong Stock Exchange in 2004, and on Shanghai Stock Exchange in 2007. The Company provides containers, tankers, freights, passenger transportation, car carriers, and special transportation services. Subjects: General management; Shipping Settings: China; Shipping; 2006 Total assets RBM 73.6 billion; Net profit RMB 3.35 billion; 1997-2007, - Inhouse team of MBAs and CFAs (not reliant on freelancers), We are the Number 1 Case Study Solution Provider In the Case Study Help Niche, Management Control Systems Module 3: Using Information for Performance Measurement and Control, Betty Lou’s Budget: Introductory Spreadsheet Training for Budgeting and Financial Management (B), The In-House Bank of Roche: “We Innovate Corporate Treasury”. Trading of the eight listed units of Cosco and China Shipping on the Shanghai, Shenzhen and Hong Kong Exchanges has been suspended all week in preparation of a joint announcement by the giant state-owned carriers that is widely expected to be news of a merger. China’s two largest shipping lines continue to tease the market with cryptic filings to the Shanghai and Hong Kong stock exchanges and an extension of the trading halt that has been placed on shares since August. Its main indicators for internationalization operation are closing to UN's standards for Global 100 transnational companies. As one of the core industrial clusters, it will further cement the position of China COSCO Shipping as the No. China Ocean Shipping (Group) Company (COSCO), one of the major multinational enterprises in the world, is China's largest and the world's leading Group specializing in global shipping, modern logistics and ship building and repairing, ranking the 327th in Fortune Global 500. Its dry bulk fleet (440 vessels/41.92 million DWT), tanker fleet (214 vessels/27.17million DWT) and  general and specialized cargo fleet (145vessels/4.23 million DWT) are all topping the world’s list. In 2001, COSCO has established a comprehensive management system, which includes international environment management system, and occupational safety and health management system, becoming the first Chinese enterprise is certified by the three management systems. CMA CGM’s $2.4 billion acquisition of Neptune Orient Lines and the forthcoming merger between state-owned Cosco and China Shipping are unlikely to spur a fresh round of consolidation in container shipping, according to Drewry. Find the China Shipping (Group) Company company's Sales team/department contact details such as business emails, phone numbers, web address and other details. As a transnational company in China, COSCO has paid special attention to the shouldering of its wide responsibilities as corporate citizens earlier. with a fleet that comprises of 148 vessels with a total operating capacity of more than 610,000 TEUs. Our Story Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. These bases annually repair and refit over 500 large-sized vessels and build up 8.4 million tons, making it the largest ship-repairing enterprise and most-advanced ship-building enterprise. SLI Technologies Inc. Access all contact profiles from China Shipping (Group) Company, View China Shipping Container Lines’ mega-ship Indian Ocean has run aground in the Elbe river roughly 19 miles from the Port of Hamburg, according to the German newspaper Die Welt. Our Data REQUEST DEMO, Senior Account Executive - IEEE GlobalSpec. 1 shipping finance and logistics finance industrial cluster in China and gradually taking on the leading status in the world. China Shipping Group operates terminals, and offers integrated logistics, shipping agency, ship building, air cargo forwarding, container manufacturing, and financial investment services. Shanghai, 200080 China Shipping Container Lines has warned investors that it will make a 2015 net loss of $430 million on the back of record low freight rates and vessel impairment losses. Lead Builder Established on April 27th, 1961, COSCO owns and controls over 800 modern merchant vessels with a total tonnage of 56 million DWTs and an annual carrying capacity of 400 million tons. Pricing Equipment manufacturing industrial cluster. 1 integrated shipping company in the world. A China Shipping Container Lines (CSCL) executive has shrugged off demand forecasts predicting 3 to 5 percent market growth in the next few years that will not be enough to fill the capacity flooding into service. COSCO has combined the performance of corporate social responsibilities and corporate development strategies, and actively cultivated "green competitiveness". A dozen tugboats pulled a mega-ship out of the mud of the Elbe River so that it could call at the Port of Hamburg, illustrating the pressure such gargantuan ships place on ports and rescue crews. Increasing cooperation between Hamburg Sud and carriers in the Ocean Three Alliance suggests it “seems only a matter of time” before the German container line joins the alliance, Drewry Container Insight said in a speculative commentary this week. In the face of serious impacts of international financial crisis and severe challenges of depression of shipping market in 2009, COSCO Group still makes profits and achieves satisfactory operation performance in the most difficult time through its own efforts, laying a solid foundation for recovery and leap-forward development of the enterprise in post-financial crisis era. Its offshore engineering manufacturing  competence  and  vessel agency business are also leading in the world. 678 Dongdaming Road The shipping services cluster includes ship management, crew management, ship spare parts procurement, communication & navigation technology management, ship fuel and materials supply, etc. Cosco Container Lines’ acquisition of China Shipping’s container ship fleet is expected to happen about March 1, Cosco said in a filing with the U.S. Federal Maritime Commission. The logistics industrial cluster includes project logistics, freight forwarding, warehouses, multi-modal transport, vessel agency, etc. It owns more than 1,000 companies and branches in over 50 countries and regions and hires 130,000 employees in total, of which, 400 are personnel permanently stationed overseas and 4,000 are foreign employees. Cosco Executive Vice President Howard Finkel and JOC Senior Content Editor Alessandra Barrett discuss Cosco’s merger with China Shipping Container Lines, freight rate trends, and the biggest operational change that came out of the West Coast labor strife of 2014 and 2015. Scholarship Program Although mergers typically lead to disruption and irate shippers, that has not been the case in the recent merger of Cosco and China Shipping Container Lines. Find the China Shipping (Group) Company company's Sales team/department contact details such as business emails, phone numbers, web address and other details. China Shipping Container Lines has placed orders for eight 13,500 twenty-foot-equivalent container ships at Shanghai Jiangnan Changxing Shipbuilding, continuing the aggressive fleet expansion began last year. Solutions Besides, it also provides logistics services for many key projects home and abroad, such as Qinghai-Tibet Railway, Tianjin Airbus and Indian power station, setting many world records. As a world-class third-party logistics service provider, the Company will be a good partner for Chinese enterprises to go global. Customer Testimonials The finance industrial cluster includes ship leasing, shipping insurance, supply chain finance, logistics park investment, equity investment, and asset investment (especially infrastructure investment along the “Belt and Road”). China COSCO SHIPPING Corporation Limited (hereinafter referred to as COSCO SHIPPING Group or the Group) is an SOE headquartered in Shanghai. Powered by: China Ocean Shipping (Group) Company (COSCO). Total assets of COSCO have exceeded 300 billion RMB, and overseas assets and income have exceeded half of the total, thus forming a complete global business chain comprising of shipping, logistics, terminal, shipbuilding and ship-repairing businesses. at China Shipping (Group) Company, Regional Sales Manager, US Western Region, Adapt uses cookies to enhance your experience and help us better understand how you use our website. China Ocean Shipping Co. Ltd. operates as an international shipping firm. China's largest shipping company is about to record a huge loss for 2016, an indication of what is to come in the troubled industry. The last financial results for Cosco and China Shipping Container Lines as independent companies highlights the financial difficulties that have forced their merger into China Cosco Shipping. China Shipping Container Lines in the first quarter continued its profitable turnaround that began with a positive 2014 annual result, reporting a 305 percent increase in net profit to $40 million. Oil tanker fleet of COSCO is one of the super tanker fleets in the world.

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