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Cosco Shipping

China Ocean Shipping (Group) Co, (COSCO Group) is a government-owned shipping and logistics services group based in Beijing. The company is one of the largest in the world in terms of the number of container ships, and has several listed arms: COSCO Pacific Ltd, China COSCO Holdings Company Ltd, COSCO International Holdings Ltd, Cosco Investment (Singapore) Ltd, Cosco Shipping Company Ltd.

Chairman / President

Wan Min

CEO / Managing Director

Wan Min

CFO / Finance Director

Xu Zunwu

Industry

Transport & Logistics

Website

coscoshipping.com

Headquarters address

628 Minsheng Road, Pudong New Area, Shanghai, China

Stock Code

SSE:601919
SEHK:1919

Year founded

1961

US Ambassador Kevin Cabrera visited the US Coast Guard cutter Alert during its port call in Panama City, highlighting the enduring maritime partnership between the United States and Panama. Photo: Handout

US-China relations

US highlights Panama security ties as China-linked canal ports deal stalls

US envoy’s coastguard visit near Panama comes as Beijing presses for Cosco control and Washington pushes back.

19 Dec 2025 - 4:59AMvideocam

China trade

Explainer | The return of Red Sea shipping: 3 scenarios for Chinese trade

5 Dec 2025 - 1:04AMvideocam

China travel

China Tourism Group to chart new course in bid to dominate Asia’s cruise market

25 Nov 2025 - 11:10AMvideocam

United States

Fire erupts at Los Angeles port triggering hazardous material alerts

Nearby residents urged to stay indoors as firefighting efforts continue.

22 Nov 2025 - 7:53PM

This image taken from a video shows smoke rising from a blaze on a container ship docked at the Port of Los Angeles on Friday. Photo: ABC7/AP

US-China trade war

Trump-Xi summit aftermath

Since presidents Donald Trump and Xi Jinping met on October 30, US-China trade relations have improved with a tariff rollback, soybean purchases resuming and new curbs put on shipments of fentanyl precursors.

21 Nov 2025 - 2:03PM

US-China relations

China accuses US of undermining ties with Greece in envoy’s Piraeus port remarks

Washington’s ambassador under fire after urging Athens to sell the ancient port operated by Chinese shipping giant Cosco.

20 Nov 2025 - 4:08PMvideocam

Hong Kong economy

Panama ‘moving fast’ to pre-qualify bidders to build 2 new port terminals

One-on-one meetings set for first week of December, canal’s chief administrator says amid stalled sale of Hong Kong-based CK Hutchison’s ports.

7 Nov 2025 - 9:47PM

The Port of Balboa at the Pacific entrance of the Panama Canal. Photo: AFP

Hong Kong economy

Panama seeks partners in new port plan that ‘may ease US-China rivalry’

Panama Canal Authority says it has ‘launched a consultation process with representatives of the maritime industry to identify potential partners’.

28 Oct 2025 - 9:43PM

China shipbuilding

‘Clear edge’: why China’s shipyards are still dominant despite US port fee drama

China’s shipbuilders already lead in terms of capacity, price and quality – and they will benefit from the green transition, insiders say.

21 Oct 2025 - 6:00PM

US-China trade war

CK Hutchison gets encouraging signs of a deal with Panama government

Panama is still open to being flexible and reaching an amicable agreement with CK Hutchison, owned by Hong Kong billionaire Li Ka-shing.

21 Oct 2025 - 6:49AMvideocam

The Port of Balboa, located at the entrance to the Panama Canal in Panama City, is managed by the Hong Kong company CK Hutchison. Photo: AFP

US-China trade war

As China and US impose rival port fees, global shipping braces for disruption

But analysts say Beijing has left room to negotiate and could adjust its fees based on Washington’s actions.

15 Oct 2025 - 12:38AMvideocam

A China Shipping cargo container sits stacked at the Port of Long Beach in Long Beach, California, on April 10. Photo: AFP

China-Latin America relations

Will Peru’s Chancay Port be the next ‘Panama moment’ for China?

The Chinese-invested facility is a flagship belt and road project in Latin America, a region the US sees as its backyard.

13 Oct 2025 - 11:57PMvideocam

US-China trade war

China hits back at Trump’s port fees with reciprocal charges for US ships

As US readies steep port fees targeting Chinese vessels, Beijing says it will begin levying similar surcharges for American ships next week.

10 Oct 2025 - 6:20PM

US-China trade war

China issues retaliatory rules ahead of US port fee targeting Chinese vessels

Beijing’s countermeasures seen as further complicating shipping routes connecting US and China, but the number of affected vessels could be small.

30 Sep 2025 - 5:00PM

A container ship moves towards its berth at the container terminal of the Port in Qingdao, in China’s Shandong province, on September 24. Photo: AFP

US-China trade war

Before US port fee hits China vessels, carriers are dodging the blow: experts

With steep new fees scheduled to take effect October 14, ports on east and west coasts of the US are seeing fewer Chinese-built container ships.

26 Sep 2025 - 4:00PM

A Cosco Shipping vessel is seen at the Port of Los Angeles in the US state of California on September 9. Cosco Shipping Lines, the container arm of the Shanghai and Hong Kong-listed Cosco Shipping Holdings, has affirmed its commitment to maintaining the “stable operation” of its liner service to the US market. Photo: EPA

Belt and Road Initiative

China drops latest trade anchor in Latin America with new service to Peru megaport

Chancay port, a flagship Belt and Road project, is set to welcome its first direct shipment from Suzhou under the new service.

17 Sep 2025 - 12:56AM

China shipbuilding

‘Historical evolution’: China’s shipping firms pivot amid looming US port fees

The shipping industry is undergoing ‘unprecedented’ changes as the US prepares to hit Chinese-linked vessels with steep levies.

2 Sep 2025 - 3:18PM

Hong Kong stock market

CK Hutchison says US$23 billion global ports sale delayed until 2026

The deal is taking much longer than expected because of the size and complexity, co-managing director Frank Sixt says.

14 Aug 2025 - 10:33PM

A cargo ship sails past the Panama Canal’s Port of Balboa, managed by CK Hutchison Holdings, in Panama City. Photo: AP

China shipbuilding

‘It takes time’: China’s shipping edge likely safe from South Korean investments

New ventures in Vietnam and the Philippines may ease domestic constraints but unlikely to challenge Chinese dominance, analysts say.

14 Aug 2025 - 7:00AM

Hong Kong economy

Will CK Hutchison’s plan to tap mainland Chinese firm for ports deal pay off?

Deal may become bargaining chip between US and China, experts say, as Li Ka-shing’s conglomerate looks to add ‘significant member’ to consortium.

29 Jul 2025 - 8:12PMvideocam

Hong Kong economy

CK Hutchison seeks mainland Chinese investor for US$23 billion ports deal

Announcement comes after 145-day exclusive negotiation period between CK Hutchison and consortium ended on July 27.

28 Jul 2025 - 10:32PM

The Panama Canal ports are a major factor in the proposed deal. Photo: AP

US-China relations

Not worth it? Trump’s Arctic push stirs debate over China’s polar ambitions

Washington views the Arctic as a strategic priority, but Chinese analysts split on whether costly infrastructure serves Beijing’s interests.

25 Jul 2025 - 8:00PMvideocam

This aerial photo taken on December 3, 2023, shows China’s icebreaker Xuelong 2 breaking ice and plowing a waterway. Photo: Xinhua

US-China relations

Mixed messages from US ahead of possible Trump-Xi summit

While suggesting progress has been made, US Treasury Secretary adds geopolitics to agenda of China trade talks. A deal would pave way for leaders to meet.

22 Jul 2025 - 5:00PM

US-China relations

US House committee chair warns Panama about Chinese influence over Panama Canal

Moolenaar expresses alarm over China’s ‘malign influence’ on canal after reports that Chinese state-owned conglomerates bidding for port concessions.

18 Jul 2025 - 7:43AMvideocam

Hong Kong economy

Little confidence Hong Kong’s Hutchison port deal can surmount ‘major hurdles’

China and Panama unlikely to sign off on US$23 billion deal before July 27 deadline for exclusive negotiation, legal and logistics experts say.

18 Jun 2025 - 5:27PM

The entrance of Balboa Port, one of CK Hutchison’s assets that it wants to sell to a consortium. Photo: Reuters

China-Russia relations

How China is driving a surge in shipping along Arctic sea routes

The route’s Russian operator is building more nuclear-powered icebreakers, as it anticipates a significant rise in voyages by Chinese companies.

13 Jun 2025 - 9:00PMvideocam

A Russian nuclear-powered icebreaker crosses the Arctic passage in 2021. Russia operates the world’s only fleet of nuclear-powered icebreakers. Photo: AFP

US-China trade war

Shipping demand set to explode as firms rush to exploit US-China tariff pause

The surge in container traffic could be so large that it creates bottlenecks and delays at American ports, analysts warn.

13 May 2025 - 3:00PMvideocam

Trade

USTR hears gripes about port fee proposal

From agriculture to coal to logistics, US businesses and industry groups warn of catastrophic harm if additional fees of up to US$1.5 million per port call are approved.

25 Mar 2025 - 5:01PM

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Cosco Shipping

US highlights Panama security ties as China-linked canal ports deal stalls

US envoy’s coastguard visit near Panama comes as Beijing presses for Cosco control and Washington pushes back.

.css-sioo19{color:#c79a00;}Explainer | The return of Red Sea shipping: 3 scenarios for Chinese trade

China Tourism Group to chart new course in bid to dominate Asia’s cruise market

Fire erupts at Los Angeles port triggering hazardous material alerts

Nearby residents urged to stay indoors as firefighting efforts continue.

Trump-Xi summit aftermath

Since presidents Donald Trump and Xi Jinping met on October 30, US-China trade relations have improved with a tariff rollback, soybean purchases resuming and new curbs put on shipments of fentanyl precursors.

China accuses US of undermining ties with Greece in envoy’s Piraeus port remarks

Washington’s ambassador under fire after urging Athens to sell the ancient port operated by Chinese shipping giant Cosco.

Panama ‘moving fast’ to pre-qualify bidders to build 2 new port terminals

One-on-one meetings set for first week of December, canal’s chief administrator says amid stalled sale of Hong Kong-based CK Hutchison’s ports.

Panama seeks partners in new port plan that ‘may ease US-China rivalry’

Panama Canal Authority says it has ‘launched a consultation process with representatives of the maritime industry to identify potential partners’.

‘Clear edge’: why China’s shipyards are still dominant despite US port fee drama

China’s shipbuilders already lead in terms of capacity, price and quality – and they will benefit from the green transition, insiders say.

CK Hutchison gets encouraging signs of a deal with Panama government

Panama is still open to being flexible and reaching an amicable agreement with CK Hutchison, owned by Hong Kong billionaire Li Ka-shing.

As China and US impose rival port fees, global shipping braces for disruption

But analysts say Beijing has left room to negotiate and could adjust its fees based on Washington’s actions.

Will Peru’s Chancay Port be the next ‘Panama moment’ for China?

The Chinese-invested facility is a flagship belt and road project in Latin America, a region the US sees as its backyard.

China hits back at Trump’s port fees with reciprocal charges for US ships

As US readies steep port fees targeting Chinese vessels, Beijing says it will begin levying similar surcharges for American ships next week.

China issues retaliatory rules ahead of US port fee targeting Chinese vessels

Beijing’s countermeasures seen as further complicating shipping routes connecting US and China, but the number of affected vessels could be small.

Before US port fee hits China vessels, carriers are dodging the blow: experts

With steep new fees scheduled to take effect October 14, ports on east and west coasts of the US are seeing fewer Chinese-built container ships.

China drops latest trade anchor in Latin America with new service to Peru megaport

Chancay port, a flagship Belt and Road project, is set to welcome its first direct shipment from Suzhou under the new service.

‘Historical evolution’: China’s shipping firms pivot amid looming US port fees

The shipping industry is undergoing ‘unprecedented’ changes as the US prepares to hit Chinese-linked vessels with steep levies.

CK Hutchison says US$23 billion global ports sale delayed until 2026

The deal is taking much longer than expected because of the size and complexity, co-managing director Frank Sixt says.

‘It takes time’: China’s shipping edge likely safe from South Korean investments

New ventures in Vietnam and the Philippines may ease domestic constraints but unlikely to challenge Chinese dominance, analysts say.

Will CK Hutchison’s plan to tap mainland Chinese firm for ports deal pay off?

Deal may become bargaining chip between US and China, experts say, as Li Ka-shing’s conglomerate looks to add ‘significant member’ to consortium.

CK Hutchison seeks mainland Chinese investor for US$23 billion ports deal

Announcement comes after 145-day exclusive negotiation period between CK Hutchison and consortium ended on July 27.

Not worth it? Trump’s Arctic push stirs debate over China’s polar ambitions

Washington views the Arctic as a strategic priority, but Chinese analysts split on whether costly infrastructure serves Beijing’s interests.

Mixed messages from US ahead of possible Trump-Xi summit

While suggesting progress has been made, US Treasury Secretary adds geopolitics to agenda of China trade talks. A deal would pave way for leaders to meet.

US House committee chair warns Panama about Chinese influence over Panama Canal

Moolenaar expresses alarm over China’s ‘malign influence’ on canal after reports that Chinese state-owned conglomerates bidding for port concessions.

Little confidence Hong Kong’s Hutchison port deal can surmount ‘major hurdles’

China and Panama unlikely to sign off on US$23 billion deal before July 27 deadline for exclusive negotiation, legal and logistics experts say.

How China is driving a surge in shipping along Arctic sea routes

The route’s Russian operator is building more nuclear-powered icebreakers, as it anticipates a significant rise in voyages by Chinese companies.

Shipping demand set to explode as firms rush to exploit US-China tariff pause

The surge in container traffic could be so large that it creates bottlenecks and delays at American ports, analysts warn.

USTR hears gripes about port fee proposal

From agriculture to coal to logistics, US businesses and industry groups warn of catastrophic harm if additional fees of up to US$1.5 million per port call are approved.

Explainer | The return of Red Sea shipping: 3 scenarios for Chinese trade