October 25, 2016 8:20 AM ET


Company Overview of COSCO Container Lines Co., Ltd.

Company Overview

COSCO Container Lines Co., Ltd. provides integrated container shipping services to customers worldwide. It offers shipping services for various refrigerated products, including ice creams, chicken, apples, flower bulbs, vegetables, and fishes; dangerous goods; and oversize cargoes through a fleet of container vessels. The company also offers eBusiness services, such as cargo tracking, sailing schedules, sailing schedule subscription, vessel particulars, customs declaration, demurrage and detention tariff, e-mail notification, arrival notice, rate quotations, and EDI services; and e-commerce platform that allows its customers and suppliers to exchange data and share information resources. It ...


Dong Da Ming Road

Shanghai,  200080


Founded in 1993


86 21 3512 4888


86 21 6545 8984

Key Executives for COSCO Container Lines Co., Ltd.

General Manager
Age: 43
Chief Legal Adviser and Deputy Managing Director
Age: 52
Deputy Managing Director and Director
Deputy Managing Director
Deputy Managing Director
Compensation as of Fiscal Year 2016.

COSCO Container Lines Co., Ltd. Key Developments

COSCO Container Lines Co., Ltd. Signs Memorandum of Understanding with CMA CGM S.A., Evergreen Marine Corp. (Taiwan) Ltd. and Orient Overseas Container Line Limited in Shanghai to Form OCEAN Alliance

On 20 April 2016, COSCO Container Lines Co., Ltd. signed a memorandum of understanding with CMA CGM S.A., Evergreen Marine Corp. (Taiwan) Ltd. and Orient Overseas Container Line Limited in Shanghai to form OCEAN Alliance enabling each of them to offer competitive products and comprehensive service networks covering the Asia-Europe, Asia-Mediterranean, Asia-Red Sea, Asia-Middle East, Trans-Pacific, Asia-North America East Coast and Trans-Atlantic trades. Subject to regulatory approvals of competent authorities, the alliance plans to begin operations in April 2017. The initial period of the alliance shall be five years. The signing of the memorandum of understanding indicates that each line will offer best-in-class services to customers with fast transit times, competitive sailing frequencies and the most extensive port coverage in the market. The alliance will allow each of its members to bring significantly improved services to its respective customers. Shippers will have an attractive selection of frequent departures and direct calls to meet their supply chain needs, including access to a vast network with the number of sailings and port rotations connecting markets in Asia, Europe and the United States. The Alliance will also bring service reliability and the most efficient integration of the latest vessels in a fleet of over 350 containerships. Initially the deployment will cover more than 40 services globally mostly connected with Asia, including about 20 services each in the U.S. and Europe related trades. The alliance is a better match for the globalization strategy of COSCON.

Recent Private Companies Transactions

August 5, 2016
Golden Sea Shipping Pte. Ltd.
August 5, 2016
Cosren Shipping Agency (Pty) Ltd
Private Placement
July 11, 2016

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