Home Please click here for video edition of the repor
   
   
 
    1.Statement of the President
    2.Strategy
    3.Analysis on primary influences, risks, opportunities
and countermeasures of sustainable development
    4.General information of COSCO
    5.Basic profile of companies implementing sustainable development management system
  1)Shipping
2)Logistics
3)Ship-building/ship-repairing
4)Others
5)Overseas Companies
    6.Awards
    7.General information of the report
  1)Scope of report
2)Report compilation principles
3)Report guarantee methods
4)Scope and level of the report
 

 

 

Logistics
 
COSCO Logistics Co., Ltd
COSCO Logistics Co. Ltd (COSCO Logistics), co-established by COSCO Group headquarters and China COSCO in Beijing on Jan. 8, 2002, is China's largest Sino-foreign joint venture engaged in third party logistics services.
  Nature: Limited liability company
  Investment proportion: 51% held by China COSCO and 49% held by COSCO Pacific
  Employee number: 9,967
  Total assets: RMB 8.473 billion
  Business revenue: RMB 2.9 billion
  Main businesses: Modern logistics, international ship agency, international multimodal transport, freight forwarding, air transport agency, container yards management, warehousing, LCL service, railway, road and barge transport, project development and management, chartering brokerage
Subsidiaries: COSCO Logistics headquartered in Beijing has eight regional companies in Dalian, Beijing, Qingdao, Shanghai, Ningbo, Xiamen, Guangzhou and Wuhan under its affiliation. With nine branches and representative offices in America, Europe, United Arad Emirater, South Korea, Japan, Singapore, Greece and Hong Kong, COSCO Logistics has entered into long-term cooperation agreement with over 40 cargo agencies in overseas countries. Besides, it opened 300 business outlets in 29 provinces, municipalities and autonomous regions in China, forming logistics network system with complete functionalities.
Committed to the development of modern logistics, COSCO Logistics mainly provides high value-added services for customers in auto logistics, household appliance logistics, chemical logistics, power logistics, exhibition logistics and financing logistics based on its international network advantages and segmented markets. COSCO Logistics has topped the China top 100 logistics enterprises for four years in a row, won No. 1 in appraisal of various logistics awards in China's cargo shipping industry, and was awarded the 2006 Lloyd's Freight Transport Buyer Asia's Best Third Party Logistics Company in China.
 
COSCO Pacific Limited
COSCO Pacific Limited Co., (COSCO Pacific) is a Hong Kong-listed company and a Hang Seng Index stock. COSCO Pacific is the world's fifth largest container terminal operator and the second largest container leasing company. It holds 49% equities of COSCO Logistics, the largest logistics company in China, and 21.8% equities of International Marine Containers (Group) Ltd, world's largest container manufacturer.
  Nature: Limited liability company
  Investment proportion: 51% held by China COSCO and 49% held by independent shareholders
  Employee number: 2,492
  Total assets: RMB 8.2 billion
  Business revenue: 340 million dollars
  Main businesses: container terminal, container lease, management and sale, logistics and container manufacturing
Subsidiaries:Headquartered in Hong Kong, the company holds stocks of 28 terminal companies worldwide. With respect to container lease business, the company sets up companies and representative offices in Macao, Tianjin, Shanghai, Tokyo, Sidney, Singapore, San Francisco, New York, St. Paul, London, Hamburg and Genoa, forming a globalized service network.
Till now, COSCO Pacific owns and operates 89 container terminal berths in 16 ports worldwide (13 ports are in China and three ports are in overseas countries), with the annual throughput of 48.15 million TEUs; It also operates eight bulk and general cargo terminal berths with annual throughput of 9.02 million tons and one automobile terminal berth, with the annual throughput of 600,000 units. In 2008, COSCO Pacific processed a total of 45.878875 million TEUs and its throughput has increased by 17.7%, accounting for 5.5% shares of global container terminal market. The container lease, management and sales businesses of COSCO Pacific had increased continuously. As of Dec. 31, 2008, the size of container fleet reached 1.62 million TEUs, accounting for over 13.6% of global market.
 
 
COSCO 2009