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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]
CSCL Globe is a container ship owned and operated by COSCO Shipping and previously, China Shipping Container Lines (CSCL). The first of a class of five ships intended for Asia-Europe trade routes, [5] she was the largest container ship in the world at the time of her launch in November 2014, [6] with a maximum capacity of 19,100 twenty-foot containers.
CSCL Arctic Ocean is a container ship, operated by China Shipping Container Lines. At the time of her construction she and her four sister ships, Globe , Pacific Ocean , Atlantic Ocean and Indian Ocean , were the largest container ships afloat, each carrying 19,100 twenty-foot equivalent unit containers. [ 4 ]
As a result of the merger, COSCON acquired the assets of CSCL and was renamed COSCO SHIPPING Lines. Meanwhile, CSCL acquired the container leasing subsidiaries of China Shipping Group and COSCO Group, and became a container leasing company. The newly created COSCO Shipping Lines has 502 container ships with 3.0 million TEU.
In 2002, China Shipping Group, via the subsidiary, China Shipping Container Lines, placed orders on new container ships. [7] The deal was partnered with fellow Government owned company (and future sister company), China Ocean Shipping (Group) Corporation (COSCO Group) and worth more than US$700 million.
All of the major container line alliances are reducing capacity on their transpacific services from Asia to the North America over the next few months. The OCEAN Alliance, made up of China COSCO ...
By May 2014, China Shipping's container shipping subsidiary – China Shipping Container Lines – operated 156 container vessels with 656,000 TEU capacity. [7] China Shipping Container Lines' container ship CSCL Globe was the world largest in 2014. [8] China Shipping's other subsidiaries operated oil tankers, tramps, passenger ships, and car ...
CSCL Indian Ocean is a container ship, operated by China Shipping Container Lines. She was built in Ulsan, Korea , by Hyundai Heavy Industries , and launched on November 15, 2014. At the time of her construction she, and her four sister ships, CSCL Globe , CSCL Pacific Ocean , CSCL Atlantic Ocean and CSCL Arctic Ocean , were the largest ...