COSCO SHIPPING (OTCMKTS:CICOY) represents the American depositary shares of COSCO SHIPPING Corporation Limited, one of the world’s leading integrated shipping and logistics service providers. Headquartered in Shanghai, the company operates a diversified fleet of container vessels, bulk carriers, tankers and specialized ships, serving a wide range of cargo types for customers across the globe.
The company’s core activities include container shipping, dry bulk transportation, tanker services and ship management. It also maintains a significant presence in port terminal operations, logistics and supply chain solutions. Through its network of wholly owned and joint-venture terminals, COSCO SHIPPING provides stevedoring, storage, inland transport and value-added logistics services designed to streamline global trade flows.
Formed in early 2016 by the merger of China COSCO Group and China Shipping Group, COSCO SHIPPING traces its origins back to state-owned shipping companies established in the 1960s. The merger created one of the largest and most diversified maritime conglomerates in the world. Over the decades, the company has invested in modernizing its fleet, expanding its port footprint and integrating digital technologies to enhance operational efficiency and customer service.
With an extensive service network covering major trade lanes across Asia, Europe, the Americas, Africa and Oceania, COSCO SHIPPING serves more than 160 countries and regions. Under the leadership of Chairman Xu Lirong, the company continues to pursue strategic alliances, sustainable shipping initiatives and logistics innovations aimed at strengthening its position in global maritime transport and related industries.
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