COSCO SHIPPING Energy Transportation Co., Ltd. operates as the dedicated tanker arm of COSCO Shipping Group, one of China’s leading state-owned shipping conglomerates. The company specializes in the maritime transportation of crude oil, refined petroleum products and petrochemicals, utilizing a diversified fleet that comprises very large crude carriers (VLCCs), Suezmax, Aframax, Panamax and medium range (MR) tankers. In addition to crude and product tankers, the company has expanded into liquefied natural gas (LNG) and liquefied petroleum gas (LPG) shipping, reflecting its strategic focus on energy logistics across multiple commodity segments.
Through a mix of time charters, voyage charters and long-term contracts, COSCO SHIPPING Energy Transportation offers tailored shipping solutions to international oil majors, national oil companies and independent refiners. The company’s integrated operating model combines vessel deployment, commercial management and technical services to optimize fleet utilization and ensure reliable delivery schedules. It also provides value-added services such as onboard chemical handling, proactive risk management and compliance with the latest environmental regulations, including IMO 2020 sulfur cap requirements.
Founded in December 2005 and headquartered in Shanghai, COSCO SHIPPING Energy Transportation was originally listed on the Shanghai Stock Exchange before becoming part of the broader COSCO Shipping Group following a series of state-driven consolidations in 2016. The company conducts global operations, with major trade routes spanning Asia–Europe, Middle East–Asia and trans-Pacific corridors. Its geographic reach and fleet scale position it among the world’s prominent tanker operators, while its affiliation with COSCO Shipping Group provides access to an extensive network of ports, terminals and logistics resources.
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