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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

Boats in the water, in front of cranes at the Chinese-built Chancay megaport operated by Cosco Shipping, in Chancay, Peru. Photo: Reuters

China-Latin America relations

US will help Peru ‘take back’ Chancay port from China, Congress chair says

Maria Elvira Salazar warns port’s ‘dual usage’ potential could enable Chinese submarines, carriers and warships to operate from Peru.

17 Apr 2026 - 6:01AM

China energy security

3 Chinese ships exit Strait of Hormuz as PetroChina stresses operations stable

31 Mar 2026 - 7:00PM

Middle East

Chinese container ships pass through Strait of Hormuz at second attempt, data shows

31 Mar 2026 - 4:30AMvideocam

Hong Kong economy

Panama⁠ accuses CK Hutchison subsidiary of lying about arbitration response

President Jose Raul Mulino slams Panama Ports Company for accusing country of failing to file response to arbitration request.

20 Mar 2026 - 6:37PM

Balboa port was taken over by Panamanian authorities in February. Photo: Reuters

Hong Kong economy

CK Hutchison vows to pursue ‘all legal remedies’ over seized Panama ports

Group says diversified network could benefit from higher storage revenue as inventory demand rises amid Strait of Hormuz crisis.

19 Mar 2026 - 10:50PM

Hong Kong stock market

China-based Cosco Shipping Ports expects ‘limited’ impact from Iran conflict

Unit of Cosco Shipping reports 1.1 per cent profit increase on 6.2 per cent rise in throughput in 2025.

18 Mar 2026 - 8:31PM

Hong Kong economy

CK Hutchison subsidiary slams Panama for missing arbitration deadline

Panama Ports Company also confirms offices were raided by alleged ‘armed security forces’ and accuses authorities of disregarding rule of law.

17 Mar 2026 - 7:37PM

Balboa port was seized by Panamanian authorities in February. Photo: AP

China-Latin America relations

China wants Brazil’s biggest port terminal. Washington just said no

US consul-general Kevin Murakami told port executives the Santos megadeal should not fall into ‘unwanted hands’.

17 Mar 2026 - 3:12AMvideocam

China trade

Papers please: China raises pressure on Panama with ship inspection wave

Intensified inspections for Panama-flagged vessels – among the world’s most common registrations – retaliation for canal port seizure, source says.

16 Mar 2026 - 7:30PMvideocam

Hong Kong politics

Panama urges Chinese shipping giant Cosco to resume operations at canal

Minister for Canal Affairs Jose Ramon Icaza says Cosco’s 4 per cent of cargo transshipped in Balboa is ‘significant’ and hopes company returns.

15 Mar 2026 - 9:06PM

State-owned Cosco owns one of the world’s largest tanker fleets. Photo: AFP

Two Sessions 2026

What are Hong Kong’s next best steps after ‘two sessions’ in Beijing?

Analysts and members of NPC and CPPCC lay out their suggestions for city’s next moves following key political meetings in capital.

14 Mar 2026 - 12:00PMvideocam

Political experts say Hong Kong should align with the country’s geopolitical strategies. Photo: May Tse

China trade

Strait of Hormuz transiting ships flash ‘China owner’ signals to evade blockade

Analysts see ‘diplomatic bulletproofing’ in vessels leveraging Beijing’s neutrality, while some Chinese-linked ships clear chokepoint.

13 Mar 2026 - 8:45PMvideocam

Hong Kong economy

CK Hutchison subsidiary seeks US$2 billion for Panama’s takeover of canal ports

Panama Ports Company says it has submitted claim for arbitration in compliance with rules of International Chamber of Commerce.

7 Mar 2026 - 9:18PM

US, Israel war on Iran

Maritime mayhem: shipping firms halt Gulf routes amid regional military strikes

Rising tensions in the Strait of Hormuz see vessels diverted and bookings suspended, as companies impose emergency fees of up to US$4,000 per unit.

4 Mar 2026 - 10:00AMvideocam

Cosco Shipping Lines has instructed all of its Persian Gulf-bound vessels to reduce speed, proceed to safe waters, or head to designated anchorages to await further notice amid regional disruptions. Photo: AFP

Hong Kong economy

Panama’s port takeover ‘culmination of a campaign’ against CK Hutchison

Company says officials entered terminals ‘without invitation’, told staff concession had ended and ordered immediate halt to operations.

25 Feb 2026 - 1:18AM

CK Hutchison has said Panama will be responsible for “any harm and damage caused by the confiscatory actions it has taken”. Photo: Jelly Tse

China-Latin America relations

US, China clash over Peru Chancay megaport after court bars regulator oversight

Ruling limits state supervision of Chinese-controlled hub, prompting sovereignty warning from Washington and sharp rebuttal from Beijing.

13 Feb 2026 - 5:04AMvideocam

Hong Kong economy

CK Hutchison tipped to sell remaining ports despite Panama court ruling: experts

But effort by billionaire Li Ka-shing’s conglomerate will still face scrutiny from Beijing and deal may be re-evaluated, analysts tell SCMP.

31 Jan 2026 - 11:01PM

US-Venezuela conflict

Can Peru keep both China and US onside in an increasingly volatile environment?

Its mineral resources make it a focus for superpower rivalry, but analysts say the country is in a very different situation to Venezuela.

11 Jan 2026 - 4:03PMvideocam

The Chancay port is a key Chinese investment in the region and a vital hub for mineral exports. Photo: Xinhua

Hong Kong economy

Could 2026 be the make-or-break year of CK Hutchison’s Panama ports deal?

What began as a strategic exit for a Hong Kong conglomerate has devolved into a high-stakes stand-off between Washington and Beijing.

2 Jan 2026 - 10:15AM

Hong Kong politics

Ex-shipping leader joins Hong Kong liaison office amid stalled ports deal

Former executive of Chinese shipping giant Cosco will replace Qi Bin, who is set to take up role in top national advisory body.

31 Dec 2025 - 8:29PM

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

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

China trade

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

Houthi rebels have signalled a halt in attacks on commercial ships in the Red Sea, allowing a possible end to costly detours.

5 Dec 2025 - 1:04AMvideocam

A container ship crosses the Suez Canal towards the Red Sea in 2023. Cargo ships have largely avoided the area in recent years due to attacks by Houthi rebel groups. Photo: EPA-EFE

China travel

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

The combined venture will reportedly operate five cruise ships, with another under construction, as China strives to grow the industry.

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

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

US ambassador to Greece Kimberly Guilfoyle’s remarks about the Chinese presence at Piraeus port have attracted criticism from Beijing. Photo: Reuters

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

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

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Cosco Shipping

US will help Peru ‘take back’ Chancay port from China, Congress chair says

Maria Elvira Salazar warns port’s ‘dual usage’ potential could enable Chinese submarines, carriers and warships to operate from Peru.

3 Chinese ships exit Strait of Hormuz as PetroChina stresses operations stable

Chinese container ships pass through Strait of Hormuz at second attempt, data shows

Panama⁠ accuses CK Hutchison subsidiary of lying about arbitration response

President Jose Raul Mulino slams Panama Ports Company for accusing country of failing to file response to arbitration request.

CK Hutchison vows to pursue ‘all legal remedies’ over seized Panama ports

Group says diversified network could benefit from higher storage revenue as inventory demand rises amid Strait of Hormuz crisis.

China-based Cosco Shipping Ports expects ‘limited’ impact from Iran conflict

Unit of Cosco Shipping reports 1.1 per cent profit increase on 6.2 per cent rise in throughput in 2025.

CK Hutchison subsidiary slams Panama for missing arbitration deadline

Panama Ports Company also confirms offices were raided by alleged ‘armed security forces’ and accuses authorities of disregarding rule of law.

China wants Brazil’s biggest port terminal. Washington just said no

US consul-general Kevin Murakami told port executives the Santos megadeal should not fall into ‘unwanted hands’.

Papers please: China raises pressure on Panama with ship inspection wave

Intensified inspections for Panama-flagged vessels – among the world’s most common registrations – retaliation for canal port seizure, source says.

Panama urges Chinese shipping giant Cosco to resume operations at canal

Minister for Canal Affairs Jose Ramon Icaza says Cosco’s 4 per cent of cargo transshipped in Balboa is ‘significant’ and hopes company returns.

What are Hong Kong’s next best steps after ‘two sessions’ in Beijing?

Analysts and members of NPC and CPPCC lay out their suggestions for city’s next moves following key political meetings in capital.

Strait of Hormuz transiting ships flash ‘China owner’ signals to evade blockade

Analysts see ‘diplomatic bulletproofing’ in vessels leveraging Beijing’s neutrality, while some Chinese-linked ships clear chokepoint.

CK Hutchison subsidiary seeks US$2 billion for Panama’s takeover of canal ports

Panama Ports Company says it has submitted claim for arbitration in compliance with rules of International Chamber of Commerce.

Maritime mayhem: shipping firms halt Gulf routes amid regional military strikes

Rising tensions in the Strait of Hormuz see vessels diverted and bookings suspended, as companies impose emergency fees of up to US$4,000 per unit.

Panama’s port takeover ‘culmination of a campaign’ against CK Hutchison

Company says officials entered terminals ‘without invitation’, told staff concession had ended and ordered immediate halt to operations.

US, China clash over Peru Chancay megaport after court bars regulator oversight

Ruling limits state supervision of Chinese-controlled hub, prompting sovereignty warning from Washington and sharp rebuttal from Beijing.

CK Hutchison tipped to sell remaining ports despite Panama court ruling: experts

But effort by billionaire Li Ka-shing’s conglomerate will still face scrutiny from Beijing and deal may be re-evaluated, analysts tell SCMP.

Can Peru keep both China and US onside in an increasingly volatile environment?

Its mineral resources make it a focus for superpower rivalry, but analysts say the country is in a very different situation to Venezuela.

Could 2026 be the make-or-break year of CK Hutchison’s Panama ports deal?

What began as a strategic exit for a Hong Kong conglomerate has devolved into a high-stakes stand-off between Washington and Beijing.

Ex-shipping leader joins Hong Kong liaison office amid stalled ports deal

Former executive of Chinese shipping giant Cosco will replace Qi Bin, who is set to take up role in top national advisory body.

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-19im5qg{color:#c79a00;}Explainer | The return of Red Sea shipping: 3 scenarios for Chinese trade

Houthi rebels have signalled a halt in attacks on commercial ships in the Red Sea, allowing a possible end to costly detours.

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

The combined venture will reportedly operate five cruise ships, with another under construction, as China strives to grow the industry.

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’.

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