01 Development Overview

China COSCO Shipping Corporation Limited (hereinafter referred to as "COSCO SHIPPING") is a world-leading integrated logistics supply chain service provider with shipping and comprehensive logistics services as its pillar industries, headquartered in Shanghai. It is the world's largest comprehensive shipping group by capacity and a Fortune Global 500 enterprise. COSCO SHIPPING takes shipping, ports and logistics as its core industries, while shipping finance, equipment manufacturing, value-added services and digital innovation serve as enabling and value-enhancing industries, working to build a "3+4" industrial ecosystem and a world-class global integrated logistics supply chain service network.

Container Shipping

Bulk Cargo Shipping

Energy Shipping

Special Cargo Shipping

To date, COSCO SHIPPING has a fleet of more than 1,300 vessels with a comprehensive capacity exceeding 113 million deadweight tons, ranking first in the world. Its dry bulk fleet, tanker fleet, general cargo and special cargo fleet, container terminal throughput and crew management all rank first in the world. Its container fleet, container leasing, fuel supply, ship agency and offshore engineering manufacturing rank among the world's top. The Group's operating routes cover more than 1,500 ports in over 160 countries and regions worldwide, making it a highly internationalized enterprise.

COSCO SHIPPING actively implements the "Belt and Road" Initiative, consistently adhering to the principles of "consultation, joint construction and shared benefits" and the value of "mutual benefit and win-win cooperation." Along the "Belt and Road," the Group has continuously deepened investment and presence in shipping routes, ports and comprehensive logistics, building an integrated "Shipping + Port + Logistics" transport corridor. Based on harmonious development between the enterprise and local communities, it is committed to promoting global connectivity and economic and trade development. To date, the Group has completed investments of RMB 64.2 billion along the "Belt and Road," invested in 20 container terminals. Its container fleet has deployed 195 container liner services along the "Belt and Road", with a capacity of 2.03 million TEUs, accounting for 68% of the total container fleet capacity, laying a solid foundation for connectivity. Meanwhile, the Group continues to expand its Asia-Europe rail-sea intermodal transport and international train businesses, and fully supports the construction of the New Land-Sea Corridor.

Global Shipping Routes

160+

Countries & Regions

Global Shipping Routes

1500+

Ports

"Belt & Road" Investment

6.42

Billion CNY

Container Terminals

02 Milestones

2016.01
On January 4, with the approval of the State Council, COSCO Group and China Shipping Group were reorganized to form China COSCO Shipping Corporation Limited. On February 18, COSCO SHIPPING was officially established in Shanghai.
2016.04
On April 8, COSCO SHIPPING and the Hellenic Republic Asset Development Fund officially signed the Share Transfer Agreement and Shareholders Agreement for the Piraeus Port Authority, marking a milestone in the Group's acquisition of a 67% stake in Piraeus Port. On August 10, COSCO SHIPPING formally took full control of the port.
2016.06
On June 26, the inauguration ceremony of the new locks of the Panama Canal was held. The "COSCO SHIPPING Panama" vessel became the first and only New Panamax-type ship to pass through the new locks on that day, making history in international shipping.
2016.09
On September 28, COSCO SHIPPING Ports Limited, a subsidiary of COSCO SHIPPING, officially signed a concession agreement with Abu Dhabi Ports Authority. Under the agreement, both parties established a joint venture to jointly build and operate the Khalifa Port Phase II container terminal project in the UAE.
2017
COSCO SHIPPING Holdings, a subsidiary of COSCO SHIPPING, was ranked 104th on the Forbes list of the World's Most Trusted Companies, becoming the only shipping enterprise on the list.

2018.07
On July 24, COSCO SHIPPING completed its tender offer for Orient Overseas (International) Limited. Following the acquisition, the Group's container fleet capacity reached nearly 3 million TEUs, rapidly entering the first tier of the global liner shipping industry.
2019.05
On May 13, the formal handover ceremony for COSCO SHIPPING's Chancay project in Peru was held at the Government Palace in Lima, the capital of Peru. Chancay Port is COSCO SHIPPING's first controlling greenfield project in South America.
2020.05
On May 11, COSCO SHIPPING, together with China Mobile and Dongfeng, promoted the launch of China's first 5G full-scenario smart port at Xiamen Yuanhai Terminal.
2020.09
On September 28, COSCO SHIPPING's "Yangpu–South Pacific–Australia" container route was officially launched at Yangpu Xiaochantan Terminal, becoming the first intercontinental route opened in the Hainan Free Trade Port.
2021.03
On March 17, after receiving regulatory approvals from global authorities, the Global Shipping Business Network (GSBN) — the world's first independent, non-profit shipping blockchain technology alliance led by COSCO SHIPPING — was successfully established and officially began operations in Hong Kong.

2021.08
On August 1, the container rail-water intermodal project at Wuhan Yangluo International Port — a major result of the strategic cooperation between COSCO SHIPPING and Wuhan, Hubei Province — was officially opened.

03 Project Showcase

COSCO SHIPPING "Belt and Road" Route Network

COSCO SHIPPING actively implements the "Belt and Road" Initiative, consistently adhering to the principles of "consultation, joint construction and shared benefits" and the value of "mutual benefit and win-win cooperation." Along the "Belt and Road," the Group has continuously deepened investment and presence in shipping routes, ports and comprehensive logistics, building an integrated "Shipping + Port + Logistics" transport corridor. To date, the Group has completed investments of RMB 64.2 billion along the "Belt and Road," invested in 20 container terminals, laying a solid foundation for connectivity.

: COSCO SHIPPING Piraeus Port Project

: COSCO SHIPPING Abu Dhabi Terminal Project

: Airbus A320 Asia Final Assembly Line Comprehensive Logistics Project

: COSCO SHIPPING Peru Chancay Port Project

04 Social Responsibility

COSCO SHIPPING has always attached great importance to public welfare and charity activities, actively fulfilling its corporate social responsibilities and helping to improve the wellbeing of people worldwide. As of December 31, 2021, through the COSCO SHIPPING Charity Foundation, the Group has made cumulative donations of RMB 986 million and organized 754 charitable public welfare projects. In 2021 alone, the Foundation's charitable expenditures amounted to RMB 134 million, supporting the implementation of 57 public welfare and charitable projects.

: "Supporting Each Other, Fighting COVID-19 Together" Overseas Public Welfare Activity

: Poverty Alleviation and Tibet Aid Work

: Organizing the Translation and Publication of Greek Literary Masterpiece "The Child Who Counts Stars"

: Donation for Giant Panda Conservation Project in Finland

: "Charity Delivery" Project

: First Public Health Pilot Project of the United Nations Global Compact's "Belt and Road" Action Platform

05 International Exchange

: As the core service provider and infrastructure investor for the Boao Forum for Asia, COSCO SHIPPING has, since the Forum's founding in 2001, always invested its resources with a strong sense of mission, successfully ensuring service for every annual conference.

: COSCO SHIPPING served as the Chinese Chairman of the BRICS Business Council from 2014 to 2021, maintaining close ties with the BRICS business communities. Through this platform, it actively advised the governments of BRICS countries, promoted practical business cooperation, and achieved good results.

: COSCO SHIPPING is the core supporting enterprise for the China International Import Expo and a Diamond Member of the Hongqiao International Economic Forum. It is also the only officially recommended international maritime transport service provider, venue transport service provider and special construction service provider for the Expo.