China COSCO Shipping, officially known as China COSCO Shipping Group Co., Ltd., is a major state-owned shipping conglomerate based in Shanghai, China. It specializes in maritime transportation, logistics, and related services, operating one of the world's largest fleets of container ships, bulk carriers, and tankers.
The company provides end-to-end supply chain solutions, including port operations, freight forwarding, and ship management. It has a global network with subsidiaries and offices in numerous countries, facilitating international trade particularly along key routes in Asia, Europe, and the Americas.
As a key player in the global shipping industry, COSCO Shipping is involved in green initiatives such as adopting low-carbon fuels and technologies for sustainable shipping. It has entered into strategic partnerships, including with Sinopec, to enhance energy supply and supply-chain coordination in the context of green shipping.
Owned by the Chinese government, the company contributes significantly to China's maritime economy and participates in international projects under the Belt and Road Initiative. Its position as a leading carrier underscores its importance in the chemical and energy transport sectors.
Also known as 中远海运 and COSCO.
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Chairman sets priorities on supply‑chain resilience, green development and open innovation; Sinopec signs US$41.3bn in procurement deals with 37 partners.
