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COSCO Shipping Group Co., Ltd

China COSCO Shipping Corporation Limited (中國遠洋海運集團有限公司) is a state-owned shipping and logistics conglomerate headquartered in Shanghai, owned by the State Council and supervised by SASAC. The group was formally established on February 18, 2016, following the State Council’s January 2016 approval of a merger between China Ocean Shipping (Group) Company and China Shipping (Group) Company, itself preceded by a December 2015 approval of the restructuring plan. The group has invested in 21 container terminals, port facilities where containers are loaded onto and unloaded from ships, including those at Greece’s Piraeus port and in Abu Dhabi. According to its history page, the group states that its mission includes contributing to the construction of the “21st Century Maritime Silk Road” (21世紀海上絲綢之路), the seaborne component of Xi Jinping’s Belt and Road Initiative (一帶一路), aimed at extending Chinese commercial and strategic reach across Eurasian and Indo-Pacific trade routes.

  • Country of Registration:
  • Entity Type:
  • Chinese Name:
    中國遠洋海運集團有限公司
  • Founding Date:
    18.02.2016
  • Address:
    5299 Binjiang Dadao, Pudong New District, Shanghai
  • Current Status:
    Active

Country and Regional Context