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COSCO SHIPPING Lines Co., Ltd. (Chinese: 中远海运集运) is a Chinese international container transportation and shipping company. It is a subsidiary of COSCO Shipping Holdings , and its parent company is China's state-owned COSCO Shipping .
In 2023 the Bulgarian agent of COSCO Shipping lines, Three Stars Ltd, was accused in the local media of racketeering and violating antitrust laws. [28] The company was a shareholder in the Chinese real estate developer, Sino-Ocean Group. The stake was sold in 2010. [29]
Cosco SHIPPING Lines (Japan) [citation needed] Moreover, China International Marine Containers is an associate company of the group, which COSCO indirectly owned 22.77% shares of that listed company as of December 2015. [48] The stake was owned by COSCO Pacific until 2013. [49] As of 2000, COSCO also owned 30% stake of China Cargo Airlines. [50]
The $3.6 billion megaport is 60% owned by the Chinese state-owned company Cosco, one of the world’s biggest shipping companies. (Florence Goupil for NBC News)
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.
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]
The complex intra group re-organization that involves multiple listed subsidiaries, saw Oriental Fleet International (new name of China Shipping Nauticgreen) and other companies of that container and vessel leasing business division, were sold to China Shipping Container Lines. [35] [36] As of 2019, COSCO Shipping Development (former China ...
The Constellation class is a series of 11 container ships built for Cosco Shipping Lines. The maximum theoretical capacity is in the range of 19,237 to 20,119 TEU. [1]
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