COSCO SHIPPING International

COSCO SHIPPING International is mainly engaged in the provision of shipping services. Our key customers include ship owners and operators, ship yards and container manufacturers. Shipping services refer to the provision of comprehensive services for vessels, including both tangible products such as marine equipment and spare parts, marine coatings; intangible services such as consultancy services for buying ships, marine insurance, ship financing and related information support, as well as provision of value-added support services for vessels operation such as supply of marine equipment, marine fuel and ship supplies, and ship management.

The increase in world trade volume has led to steady growth in the shipping industry as well as increasing demand for efficient vessel operations. A “one-stop shop”, standardised and thorough shipping services supply system is a key element for enhancing core competencies of the fleets around the world.

Business Model
Shipping services are beneficiaries of shipping capacity

Demand for shipping services is mainly driven by shipping capacity growth and ship owners’ fleet restructuring activity. As distinct from shipping companies, revenues of our shipping services are either the direct or indirect costs of shipowners or ship operators, and are not affected by short-term fluctuation of freight rate.

COSCO SHIPPING International has a diversified business portfolio in shipping services, which are complementary to each other and effectively minimising the impact from industry cycle.

Ship Trading Agency Services

We are currently the only window company within COSCO SHIPPING Group providing exclusive ship trading agency services.

Marine Insurance Brokerage Services

We offer comprehensive insurance intermediate services for both marine and non-marine insurance products, from designing insurance program to claims handling to vessels insured worldwide.

Supply of Marine Equipment and Spare Parts

We are the centralized procurement platform of various types marine equipment and spare parts and other supplies for COSCO SHIPPING Group’s fleet.

Production and Sale of Coatings

Our joint ventures offer more sophisticated and sustainable solutions of anti-corrosion container coatings and anti-fouling marine coatings in China.

Trading and Supply of Marine Fuel

We provide marine fuel supply services, as well as trading and agency service of fuel oil and related products at all major ports around the world.

General Trading

We are engaged in the trading of asphalt and other comprehensive trading in China