China Ocean Shipping (Group) Company (COSCO)
the national flag carrier of the People's Republic of China, is one of the
world's premier full service intermodal carriers. The company utilizes a
vast network of ocean vessels, barges, railroad and motor carriers to link the
international shipper with the consignee.
Founded in 1961, COSCO has consistently been the
world's fastest growing shipping company over the past decade and is now one of
the largest container operators in the world. The company's core
international shipping business is divided between Chinese imports/exports and
cross trade cargos.
Additional services offered include shipping
agency services, freight forwarding, terminals and warehousing, intermodal
services, insurance, real estate, as well as ship repair and manning.
Cosco Container Lines, headquartered in
Shanghai. COSCON's operations are managed by regional offices in New York,
Hamburg, Sydney, Tokyo, Seoul, Singapore, Dubai, Johannesburg and Beijing.
85 representative offices are maintained in 49 countries around the world, while
operational agencies are located in 1000 cities in 160 countries.
Bigger Faster Ships
continues to make major investments in its equipment. New, larger ships
have greatly increased COSCO's capabilities.
Included is the addition of five 5,250 TEU vessels with expanded refrigerated
capacity for 1,000 plugs per vessel. Currently the company owns and
operates a fleet of more than 117 container ships for a total capacity of
256,171 TEU. Capacityo n owned and leased containers total nearly 535,000
TEU. Included in this total are 191,687 - 40 foot containers and 22,862
temperature controlled units. Cargo handling capabilities include 20 ft.
and 40 ft. dry containers, refrigerated containers, flat-racks, open tops, high
cube and other specialized equipment.
Quicker, More Efficient Shipping
Than Any Other Carrier In addition to the
improvements in equipment, recent scheduling additions and revisions have
resulted in significantly faster transit times for COSCO's customers... as much
as 10% faster than just a year ago. COSCO's 20 Main Line Services connect
over 1000 ports worldwide to reach more direct ports of call tha any other
carrier in the world. COSCO's knowledge of China is unmatched by any other
carrier. In particular, COSCO offers invaluable expertise of the rail,
truck and feeder services. Especially important for shipments that are
bound for or being shipped from the nation's interior.
Backed by the company's outstanding track record, COSCO remains committed to
outstanding service and dynamic, consistent growth. The company's young
management team in the North American headquarters look forward to a very bright
future for both COSCO and their customers.