COSCO SHIPPING Energy Transportation Co., Ltd. (OTCMKTS:CSDXF) is a Chinese shipping enterprise primarily engaged in the transportation of energy commodities. As a subsidiary of China COSCO Shipping Corporation, the company operates one of the world’s largest tanker fleets, specializing in crude oil, refined petroleum products and liquefied natural gas (LNG) shipping. Its fleet includes very large crude carriers (VLCCs), Suezmax and Aframax vessels, as well as specialized LNG carriers, enabling the firm to serve a broad range of chartering requirements.
The company’s core business involves time charter, voyage charter and ship management services for its tankers. By integrating shipping solutions with terminal and storage operations, COSCO SHIPPING Energy Transportation enhances its service offerings to global oil and gas producers, traders and national oil companies. The firm has also invested in onshore and offshore storage facilities to support its shipping network and to optimize vessel deployment and utilization.
Founded in the early 2000s and reorganized under its current name following the merger of COSCO and China Shipping in 2016, COSCO SHIPPING Energy Transportation has expanded its global reach. The company regularly calls at major ports across Asia, the Middle East, Europe and the Americas, reflecting its strategic positioning along key energy trade routes. Its international operations are supported by regional offices and partnerships that help manage logistics, regulatory compliance and vessel crewing.
Governed by an experienced board of directors and a professional management team, COSCO SHIPPING Energy Transportation leverages the resources of its parent group to sustain fleet modernization and pursue efficiency improvements. The company continues to explore opportunities in cleaner fuels and advanced vessel technologies, aligning with industry trends toward lower-emission shipping and enhanced operational performance.
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