Who owns COSCO Shipping?
COSCO is an intermodal container shipping company, which means that it transports cargo by ship, but also by train, truck, and other means. The company has multiple subsidiaries and offers other services beyond shipping and transport. COSCO offers several services and operates in hundreds of countries and ports around the world. It transports cargo and…
COSCO is an intermodal container shipping company, which means that it transports cargo by ship, but also by train, truck, and other means. The company has multiple subsidiaries and offers other services beyond shipping and transport.
COSCO offers several services and operates in hundreds of countries and ports around the world. It transports cargo and containers via intermodal routes, offers terminal services in many ports, does freight forwarding, and is even involved in shipbuilding and repair of ships.
Who owns COSCO Shipping?
The China Ocean Shipping Company was founded in 1961 in Beijing and launched the first Chinese-flagged passenger ship. The company grew over the decade by buying more ships and expanding services. It made its first trip to Europe in 1967, launching COSCO’s international shipping line. Cosco is currently owned by Cosco Wholesale Corporation. It’s the result of a merger between two different companies
COSCO offers several services and operates in hundreds of countries and ports around the world. It transports cargo and containers via intermodal routes, offers terminal services in many ports, does freight forwarding, and is even involved in shipbuilding and repair of ships. In May 2022. Cosco Shipping Ports appoints Yang Zhijian as chairman. The 58-year-old is the president of Cosco Shipping Holdings, the Shanghai-and Hong Kong-listed parent of the port arm.
