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Cosco Shanghai Ship Management Co Ltd

Here’s everything you need to know about Cosco Shanghai Ship Management Co Ltd. Find all the information it in this article.

Mr. Chen graduated from Shanghai Maritime College, major in Container Transportation Management. Mr. Chen has been the Deputy General Manager of the Company since June 2022. Looking ahead to the second half of 2022, the exterior surroundings will turn into more complicated and extreme. Geopolitics and high inflation will bring uncertainty to global economic growth and commodity trade. The impacts of inflation on consumer demand and shopper behavior should be closely monitored. However, it is expected that the growth rate of world container transport demand will remain at a comparatively secure level.

Ms. Meng graduated from Central University of Finance and Economics majoring in Accounting and is a senior accountant. In addition, China COSCO would purchase specific amount of fairness curiosity of a total of 30 onshore agency firms from China Shipping Container Lines (“CSCL”) and its subsidiary. China COSCO would additionally enter into a lease settlement with CSCL, underneath which it would lease the vessels and containers owned or operated by the latter. After the transaction and settlement, China COSCO would purchase the container services-related property previously owned by CSCL, and become one of the world’s leading container shipping and terminal service providers. China COSCO Holdings offers a wide range of container transport, dry bulk transport, third party logistics, freight forwarding, Terminal and container leasing domestically and internationally. China Shipping Company was founded in 1997 and was headquartered in Shanghai.

Cosco Shipping Photo Voltaic, Imo 9795646

Mr. Gong Qingshi, born in January 1963, Bachelor of Economics and Auditor, is currently a Director of COSCO SHIPPING Dalian Investment Co., Ltd. He served as the auditor of the Shanghai Maritime Safety Administration, the accountant of Shanghai Shipping Industry Co., Ltd., the deputy manager of the finance department of Shanghai Jinhui International Shipping Agency Co., Ltd., the supervisor of China Shipping Agency Shanghai Finance Department, China Shipping Agency Qingdao Co., Ltd. Manager, deputy secretary of the Disciplinary Committee of the China Shipping Agency Co., Ltd., director of the supervision and examination division, member of the Party Committee of the China Shipping Shanghai Company, secretary of the Disciplinary Committee, member of the Party Committee of the COSCO SHIPPING Co., Ltd. and secretary of the Disciplinary Committee. According to its assumptions, the corporate is to become a frontrunner not solely in shipping, but in addition in logistics, finance , and even in the production of marine equipment. As a key drive of industrial cooperation inside the corporate system, it is also an essential automobile for the event of COSCO SHIPPING’s new business.

He was the non-executive director of COSCO SHIPPING Development Co., Ltd. and non-executive director of COSCO SHIPPING Holdings Co., Ltd.. Mr. Chen has over 20 years of working experience in delivery enterprises and has intensive experience in risks control, taxation administration and finance. Mr. Chen obtained a Master’s degree in Economics from Shanghai University of Finance and Economics and is a senior accountant. Ms. Chiu has been the Company Secretary of the Company since October 2005.

Newest Information

In December 2018, COSCO Shipping Ports secured a 35-year concession to operate and develop a newly built container terminal in Khalifa Port. In November 2019, the corporate invested $660 million to upgrade the Piraeus container port, Greece’s largest port. In January 2017, the corporate was awarded $26.1 billion by the China Development Bank to participate in the Belt and Road Initiative.

Mr. Chen is vice chairman of COSCO SHIPPING Co., Limited and deputy general supervisor of COSCO SHIPPING International Co., Ltd. Mr. Chen has intensive experience in the operation and administration of container transport, worldwide shipping and company administration.


He is at present an external director of COSCO SHIPPING Dalian Investment Co., Ltd. He participated in the General Electric China Senior Certified Training Course organized by the Central Organization Department, the overall manager training course of Cornell University, and the DFID China Investment training course of Manchester Business School. In the course from 1992 to 2006, he served in Fujian, China Investment Group and Hong Kong China Travel Group.

China Shipping Container Lines’ container ship CSCL Globe was the world largest in 2014. China Shipping’s other subsidiaries operated oil tankers, tramps, passenger ships, and automobile carriers. In the primary half of 2022, the Company strengthened its development within the traditional markets, corresponding to Trans-Pacific routes and Asia-Europe routes. The twin manufacturers under it teamed up with the OCEAN Alliance to launch the DAY6 Product, upgraded eight loops and launched 3 new loops.

Cosco – Firm Historical Past

He can be general supervisor of Finance and Accounting Division of 中國遠洋海運集團有限公司 , director of COSCO SHIPPING Co., Limited and non-executive director of COSCO SHIPPING Ports Limited , and director of COSCO SHIPPING Specialized Carriers Co., Ltd. , COSCO SHIPPING Bulk Co., Ltd. and COSCO SHIPPING Investment Holdings Co., Limited (formerly known as COSCO SHIPPING Financial Holdings Co., Limited). Mr. Chen was the deputy head of Risk Control Section underneath the Planning and Finance Department, the deputy head of the Finance Section beneath Planning and Finance Department and senior supervisor of the Finance and Taxation Management Office, the assistant to the overall supervisor of the Finance Department and the deputy basic manager of the Finance Department of 中國海運(集團)總公司 (China Shipping Company).

Since January 2019, she has been the overall supervisor of the Strategy Department / Investment Department. He holds a master of engineering, senior engineer, and is a deputy basic Manager and Party committee member of the corporate. Mr. Shang had been the manager secretary of Dalian Ocean Shipping Company, Chief of the Secretary, Deputy Director of the Office, Manager of the Personnel Department, Deputy Secretary of the Discipline Inspection Commission and General Manager of the Supervisory Department, Director of the final manager’s office, Since March 2013, he has been assigned to COSCO Holdings Co., Ltd. The complete site space is over four.25 million square meters, forming a “North-Middle-South” scientific and rational geographical distribution. Committed to improving the nationwide ship and marine engineering design and manufacturing requirements, COSCO Shipyard has been building a national class technical center that integrates its primary design, detailed design and productive design in addition to technical advisory services.

Market Information

Ms. Yu Zhenhong, who was born in February 1975, holds a bachelor of administration and a grasp of engineering, Dalian Maritime University. She is the deputy common Manager and Party committee member of the company. Ms. Yu had been the manager of the Planning Department of the Strategic Development Department , the deputy common supervisor of the Strategic Department and the supervisor of the Investment Office, Dalian Ocean Shipping Company. In August 2016, she served as the final supervisor of the Strategy & Management Department of COSCO SHIPPING TankerCo., Ltd. Since April 2018, she has also served because the chairman of COSCO SHIPPING Plaza Co., Ltd.

Although the longer term macro surroundings is full of challenges and uncertainties, the long-term favorable fundamentals of the China’s economic system will stay unchanged. Recently, China has issued a collection of macro insurance policies to stabilize international commerce and foreign investment, which additional spotlight the event path of “seeking progress whereas sustaining stability”, and convey new alternatives for the event of worldwide container shipping business.

Comply With Bloomberg Expertise

The merger was primarily caused by a downturn in some sectors of the maritime business, which began in 2013. That resulted in a slowdown in the container and marine transport industries. Many elements have contributed to this, corresponding to low world GDP, sluggish commerce, overcapacity of vessels, overstretched retail shares in the United States, and lowered demand for container transport. In this manner, the income of both groups were considerably lowered, and the dearth of improvement out there scenario led to their unification.


However, different entities in the COSCO group that are not owned, instantly or not directly, by COSCO Tanker or COSCO Management usually are not subject to sanctions. “Any subsidiaries of COSCO Tanker and COSCO Management are topic to the identical blocking sanctions. However, other entities within the COSCO group that aren’t owned, instantly or indirectly, by COSCO Tanker or COSCO Management aren’t subject to sanctions.” In July, 2020, the corporate entered into an settlement with Alibaba and its affiliate Ant Group, to collectively promote the cooperation on and software of transport blockchain. In May 2017, the company signed a deal with Kazakhstan’s nationwide railway company to take 24% stake in an inland port in the Khorgos Eastern Gate Special Economic Zone.

Management Detail

At that point, in accordance with some sources, the transitional phase of the merger annoyed many shoppers, inflicting a brief drop in income. The firm is also called COSCO Shipping Corporation Limited or COSCO Shipping Group.

About The Company

It consists of container shipping, dry bulk transport, oil tanker transport, specialized cargo delivery, and passenger liner service. The shipping industrial cluster is dedicated to consolidating and growing the position of COSCO SHIPPING because the world’s greatest built-in shipping enterprise, guaranteeing environment friendly and clean cargo circulate on the worldwide maritime transportation routes, and attaining the historical transition from “serving in the entire world” to “serving the whole world”. As at 30 June 2022, the Company operates a total fleet capability of 512 ships and a pair of.92 million TEUs via its wholly-owned subsidiary COSCO SHIPPING Lines and its holding subsidiary Oriental Overseas International, COSCO SHIPPING Ports, another subsidiary of the Company, operates a complete of 220 container berths in 37 ports worldwide, with designed processing capability of 141 million TEUs yearly. COSCO SHIPPING Holdings is dedicated to turn out to be a top-tier built-in container shipping service provider with its persevering with efforts to construct up a global network, present customers with comprehensive options and create larger returns for shareholders.

A World Chief In Ship Restore, Conversion, New Constructing And Offshore Marine Engineering

In Dalian, Nantong, Zhoushan, Guangdong Province, Shanghai, Lian Yungang and other locations, COSCO Shipyard Group has massive ship enterprises and ancillary services enterprises that are main within the home market and enjoying a excessive profile internationally. Based on skilled companies and modern management, COSCO Shipyard has turn into the popular companion for prime delivery companies and offshore oil service providers around the globe. In recent years, going green and low-carbon has turn into the widespread aim of world economic and social improvement.