COSCO Shipping

China COSCO Shipping Corporation Limited, abbreviated as COSCO Shipping, is a Chinese state-owned multinational conglomerate headquartered in Shanghai. The group is focused on marine transportation services. COSCO Shipping was established in January 2016 by the merger of COSCO Group and China Shipping Group.

China COSCO Shipping Corporation Limited
Native name
中国远洋海运集团有限公司
Company typeState-owned enterprise
IndustryMarine transportation
Predecessor
  • COSCO Group
  • China Shipping Group
Founded2016 (2016)
Headquarters
Shanghai
,
China
Area served
Worldwide
Key people
  • Lirong Xu (Chairman/CEO)
  • Zajian Wong (COO)
  • Meifeng Chen (CFO)
ServicesMarine transportation
Stevedoring
Chartering
Shipbuilding
Revenue$44,655 million (2020)
Total assets$125,906.4 million (2020)
Total equity$28,202.6 million (2020)
Number of employees
118,243 (2020)
DivisionsCOSCO Shipping Lines
Subsidiaries
Websiteen.coscoshipping.com

As of March 2020, the company's fleet was among the largest in the world – 1310 vessels with a capacity of 105.92 million DWT.

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