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The newly created COSCO Shipping Lines has 502 container ships with 3.0 million TEU. The company has 255 international routes, calling at 356 ports in 105 countries., [10] COSCO SHIPPING Lines has ordered several mega-ships, such as the 20,000 TEU COSCO Shipping Taurus and the 21,000 TEU Universe-class container ships.
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.
As of 31 December 2019, private company, COSCO Shipping (Hong Kong), is the parent company of COSCO Shipping International, which owns 66.12% shares of COSCO Shipping International (Hong Kong). [17] COSCO Shipping (Hong Kong) is in turn parented by Mainland China incorporated China Ocean Shipping Company (COSCO) and ultimately, China COSCO ...
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% 29 SM Line South Korea ...
COSCO Shipping Ports is a listed company. As of November 2020, the market capitalization is HK$17 billion [4] (Not yet free-float adjusted). As of 31 December 2019, fellow listed company COSCO Shipping Holdings is the parent company of COSCO Shipping Ports.
After the failed IPO in 2011 and the merger of the parent company, China Shipping Group, with China Ocean Shipping (Group) Corporation (COSCO Group) in 2015, the container and vessel leasing business of China Shipping Group, was purchased by China Shipping Container Lines instead, while China Shipping Container Lines sold their container line ...
The Peony class is a series of 8 container ships built for COSCO SHIPPING Lines.The ships have a maximum theoretical capacity of 13,800 TEU. [1] The ships were built by Shanghai Jiangnan Changxing Shipbuilding at their shipyard in Shanghai.
China Ocean Shipping Company (abbreviated as COSCO) was a former shipping corporation from 1961 to 2016, owned by the State Council of China. The company merged with China Shipping Group Company to form China COSCO Shipping Corporation in January 2016. COSCO was founded in 1961 as a state-owned shipping and logistics services supplier company. [1]