China Ocean Shipping (Group) Company, known as COSCO or COSCO Group, is a Chinese shipping and logistics services supplier company. It is a government-owned company of the People's Republic of China. Its headquarters is in Ocean Plaza in the Xicheng District in Beijing. It owns more than 130 vessels (with a capacity of 600,000 twenty-foot equivalent units (TEU)) and calls on over a thousand ports worldwide. It ranks sixth largest in number of container ships and ninth largest in aggregate container volume in the world.
They are the largest dry bulk carrier in China and one of the largest dry bulk shipping operators worldwide. In addition, the Group is the largest liner carrier in China.
The company has not participated in any projects.
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Cosco Shipping Ports Chancay Peru (CSP Chancay) has secured a US$975 million loan from Chinese banks for the construction and development of a port terminal in Peru. The lead arrangers for the 15-yea...Read more
Hutchison Ports has announced an investment of US$700 million in two port projects in Egypt. The projects will be located at the Ain Sokhna Port and the Port of Alexandria. The company's ov...Read more
Cosco Shipping company has signed a US$600 million construction agreement with China Harbour Engineering Corporation for Chancay multipurpose port terminal in Peru. The agreement involves the co...Read more
Cosco Shipping Ports Limited (CSPL) is negotiating with Hamburger Hafen & Logistik to purchase a minority stake in HHLA Container Terminal Tollerort GmbH (CTT). CTT is a wholly-owned subsidi...Read more
COSCO SHIPPING Ports Limited, a leading ports operator in the world, has entered into an agreement with SIPG (HK) for the sale of the company stakes in three port terminals China. The facilities...Read more
COSCO SHIPPING Ports Limited has announced its acquisition of a 60% stake in Terminales Portuarios Chancay S.A. (Chancay Terminal) from Volcan Compañía Minera S.A.A. for a total consider...Read more
Bids have reportedly been submitted for the sale of Orient Overseas Container Line (OOCL)'s 40-year concession to operate Long Beach Container Terminal by Blackstone Group, KKR, EQT Partners and Macqu...Read more
COSCO Shipping Ports has announced it will acquire a 16.82% stake in Qingdao Port International (QPI), operator of China's sixth busiest port.Read more
APM Terminals has concluded an agreement with China COSCO Shipping Ports subject to customary conditions for the sale of a minority share in a new joint venture created for the APM Terminals Global Te...Read more
COSCO Container Lines Co., Ltd. (COSCO), a Chinese leading provider of integrated container shipping service, has announced it has officially completed the acquisition of a majority sta...Read more