
China Shipping Group is a global leader in logistics, with a rich history that spans over 60 years. The company was founded in 1949 as a small shipping agency and has since grown to become one of the largest and most respected shipping companies in the world.
China Shipping Group operates a fleet of over 500 vessels, including container ships, bulk carriers, and tankers. This diverse fleet enables the company to offer a wide range of shipping services to its customers.
With a global network of over 200 offices and agencies, China Shipping Group is able to provide its customers with a seamless and efficient logistics experience. Whether it's shipping goods from China to the United States or from Europe to Asia, China Shipping Group has the expertise and resources to get the job done.
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Company History
China Shipping Group has a rich history that dates back to 1997, when it was formed through the restructuring of the China Shipping (Group) Company.
The company's roots can be traced back to 1961, when the China Shipping (Group) Company was founded as a state-owned enterprise.
China Shipping Group has undergone significant transformations over the years, with a major restructuring effort in 1997 that led to the formation of the current company.
The company's focus on container shipping has been a key driver of its success, with a fleet of over 100 container ships by the early 2000s.
China Shipping Group's expansion into the global market has been a major factor in its growth, with the company establishing a presence in over 100 countries by the mid-2000s.
The company's commitment to innovation has been evident in its adoption of new technologies, such as ship automation and digitalization, to improve efficiency and reduce costs.
Today, China Shipping Group is one of the world's largest shipping companies, with a diverse portfolio of businesses and a strong reputation for reliability and efficiency.
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China Shipping Group
China Shipping Group was founded in 1997 and was headquartered in Shanghai, making it a Chinese state-owned multinational transportation conglomerate.
The group had a significant presence in the container shipping industry, with its subsidiary China Shipping Container Lines operating 156 container vessels with 656,000 TEU capacity by May 2014.
China Shipping Container Lines' container ship CSCL Globe was the world's largest in 2014, a testament to the company's dominance in the industry.
China Shipping's other subsidiaries operated a variety of vessels, including oil tankers, tramps, passenger ships, and car carriers.
In 2016, the company expanded its operations by agreeing to buy 51% of Piraeus Port Authority, which has been operating two piers at Piraeus Port since 2009.
On May 11, 2020, COSCO Shipping Ports, Dongfeng Commercial Vehicle, and China Mobile successfully transported a shipping container within Xiamen Ocean Gate Terminal using an AGV guided by 5G, demonstrating the application of 5G technology in developing a "smart port".
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Reorganization
In December 2015, China COSCO Shipping Corporation Limited was formed through a major reorganization with COSCO Group and China Shipping Group.
This reorganization involved the disposal of China COSCO's dry bulk shipping business by selling 100% of its equity interest in China COSCO Bulk Shipping (Group) Co., Ltd. to COSCO Group.
As a result of the reorganization, China COSCO focused on the container shipping business and acquired the container services-related assets previously owned by CSCL.
China COSCO bought a certain amount of equity interest in 30 onshore agency companies from China Shipping Container Lines and its subsidiary, and entered into a lease agreement to acquire the vessels and containers owned or operated by CSCL.
This move helped China COSCO become one of the world's leading container shipping and terminal service providers.
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Cosco Holdings
Cosco Holdings was established in 2005 in the People's Republic of China. It is the listed flagship and a subsidiary of China Ocean Shipping (Group) Company, the largest integrated shipping company in China and the second largest in the world.
COSCO Shipping Holdings Co., Ltd. provides a wide range of services, including container shipping, dry bulk shipping, third party logistics, freight forwarding, and terminal and container leasing domestically and internationally. It is headquartered in Shanghai.
The company's revenue in 2018 was 281,836,600,000 renminbi. COSCO Shipping Holdings Co., Ltd. has two subsidiaries: COSCO Pacific and COSCO Shipping Lines.
Here are the key people involved with COSCO Shipping Holdings Co., Ltd.:
- Legal Representative and Chairman: Mr. Ma Zehua (马泽华)
COSCO Shipping Holdings Co., Ltd. was listed on the Hong Kong Stock Exchange in 2005 and on the Shanghai Stock Exchange in 2007.
Reorganization and Asset Restructuring
In December 2015, COSCO Group underwent a major reorganization with China Shipping Group to form the new China COSCO Shipping Corporation Limited.
This reorganization was a significant move for the company, marking a major shift in its focus from dry bulk shipping to container shipping.
As part of the reorganization, China COSCO sold 100% of its equity interest in China COSCO Bulk Shipping (Group) Co., Ltd. to COSCO Group, effectively disposing of its dry bulk shipping business.
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This decision allowed China COSCO to focus solely on the container shipping business, positioning itself for future growth and success.
China COSCO also acquired a significant amount of equity interest in 30 onshore agency companies from China Shipping Container Lines (CSCL) and its subsidiary.
Additionally, China COSCO entered into a lease agreement with CSCL, leasing vessels and containers owned or operated by the latter.
By acquiring these assets, China COSCO gained control over container services-related assets previously owned by CSCL, further solidifying its position as a leading container shipping and terminal service provider.
The reorganization and asset restructuring efforts paid off, as China COSCO emerged as one of the world's leading container shipping and terminal service providers.
Here are some key facts about the reorganization and asset restructuring:
- China COSCO acquired 100% of equity interest in China COSCO Bulk Shipping (Group) Co., Ltd.
- China COSCO acquired equity interest in 30 onshore agency companies from CSCL and its subsidiary.
- China COSCO entered into a lease agreement with CSCL to lease vessels and containers.
About the Company
China Shipping Group is a super-large shipping conglomerate that operates across different regions and countries. It was founded on July 1st, 1997, and is headquartered in Shanghai, China.
The company has a vast network of specialized shipping fleets, including container ships, oil tankers, tramp ships, passenger ships, car carriers, and special cargo ships. It also undertakes LNG business and diversified businesses such as terminal management, integrated logistics, shipping agency, and more.
China Shipping Group has over 90 overseas branches, agencies, and representative offices, as well as over 300 sales offices in 90 countries and regions. It has a significant presence in various parts of the world, including Hong Kong, North America, Europe, South-east Asia, and West Asia.
Here are some of the key subsidiaries and branches of China Shipping Group:
- COSCO Shipping Lines Co.
- COSCO Shipping Development Co., Ltd.
- COSCO Shipping Ports Limited
- China International Marine Containers
- And many more...
China Shipping Group has a large fleet of ships, with over 440 ships of various types and an aggregated deadweight of 22 million tones. Its container fleet has a carrying capacity of 500 thousand TEUs, and it handles a significant volume of cargo, with annual shipments close to 400 million tones and 10 million TEUs.
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About Us

China COSCO Shipping Corporation Limited is an SOE headquartered in Shanghai, the merged entity of China Ocean Shipping (Group) Company (COSCO) and China Shipping (Group) Company (China Shipping).
The company has a long history, with China Shipping Group being founded on July 1st, 1997. It operates across different regions and countries, with a presence in over 90 countries and regions.
China COSCO Shipping Corporation Limited has a massive fleet of ships, with over 440 vessels of various types, aggregating a deadweight of 22 million tones. Its container fleet has a carrying capacity of 500 thousand TEUs.
The company's annual cargo shipment volume is close to 400 million tones, 10 million TEUs, playing an important role in the transportation of ex-imports of energy of the nation.
China COSCO Shipping Corporation Limited operates through several business clusters, including the Industrial Logic Cluster, which consists of shipbuilding, repair of ships, and manufacture of marine equipment.
Here are some key figures for the company:
The company's revenues by route in 2018 were:
- Trans-Pacific: 235.92 RMB million
- Asia-Europe: 183.52 RMB million
- Intra-Asia: 185.39 RMB million
- Other international: 123.87 RMB million
- China: 118.45 RMB million
Locations
Our company is based in Shanghai, China, which is a hub for business and innovation. We're proud to call this vibrant city our home.
You can get directions to our headquarters by following the link provided.
Company Branches
China Shipping Group has a vast network of branches and subsidiaries, with over 90 overseas locations, agencies, and representative offices.
Some of its notable subsidiaries include COSCO Shipping Lines, Ltd., COSCO Shipping Development Co., Ltd., and COSCO Shipping Ports Limited.
China Shipping Group has a presence in 90 countries and regions, with over 300 sales offices.
Its subsidiaries operate a fleet of various ships, including container ships, oil tankers, and passenger ships.
Here's a breakdown of some of China Shipping Group's subsidiaries and their respective types of ships:
- COSCO Shipping Lines, Ltd. - container ships
- COSCO Shipping Development Co., Ltd. - oil tankers and tramp ships
- COSCO Shipping Ports Limited - passenger ships and car carriers
- China COSCO Bulk Shipping (Group) Co., Ltd. - bulk cargo ships
- COSCO Shipyard Group Co., Ltd. - shipbuilding and repair services
- Xiamen Ocean Shipping Company - passenger ships and car carriers
- China COSCO Logistics Co., Ltd. - logistics and terminal management
Interesting Facts
China Shipping Group is one of the largest shipowners in the world. Its impressive fleet and global presence make it a significant player in the maritime industry.
The company's size and influence are a testament to its success in navigating the complex waters of international shipping. China Shipping Group has established itself as a major force in the industry.
Its extensive network of shipping routes and ports allows it to transport goods to and from almost any corner of the globe.
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