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COSCO
中国远洋
Type State-owned enterprise
Founded April 27, 1961
Headquarters Flag of the People's Republic of China Beijing, China
Area served People's Republic of China
Key people Chairman: Mr. A government-owned corporation, state-owned enterprise or government business enterprise is a legal entity created by a Government to undertake commercial Events 1124 - David I becomes King of Scotland. 1296 - Battle of Dunbar: The Scots are defeated Year 1961 ( MCMLXI) was a Common year starting on Sunday (link will display full calendar of the Gregorian calendar. China ( Wade-Giles ( Mandarin) Chung¹kuo² is a cultural region, an ancient Civilization, and depending on perspective a National Talk People's Republic of China) PEOPLE'S REPUBLIC OF CHINA ARTICLE GUIDELINES Wei Jiafu
Industry Shipping and Logistics
Services Freight forwarding, Shipbuilding, Shiprepairing, Terminal Operations
Website COSCO
Cosco Vancouver
Cosco Vancouver

China Ocean Shipping (Group) Company (abbreviated as COSCO) is one of the largest liner shipping companies serving companies all over the world. For other uses of this term see Industry (disambiguation An industry (from Latin industrius, "diligent industrious" Shipping is physical process of Transporting goods and Cargo. Logistics is the management of the flow of Goods, Information and other resources including Energy and people between the point of origin and the point A service is the non-material equivalent of a good. A service provision is an economic activity that does not result in Ownership, and this is what differentiates A freight forwarder (often just forwarder) is a third party Logistics provider See also Shipbuilding (song. Shipbuilding is the construction of Ships It normally takes place in a specialized facility known as a A website (alternatively web site or Web site, a back-construction from the Proper noun World Wide Web) is a collection of Web pages Shipping is physical process of Transporting goods and Cargo. It is a government owned company of the People's Republic of China. Talk People's Republic of China) PEOPLE'S REPUBLIC OF CHINA ARTICLE GUIDELINES

According to the company, it owns over 130 vessels (with a capacity of 320,000 twenty-foot equivalent units (TEU) and calls on over 100 ports worldwide. Twenty-foot Equivalent Unit (often TEU or teu) is an inexact unit of cargo capacity often used to describe the capacity of Container ships and Container [1]

It ranks sixth largest in number of container ships and ninth largest in aggregate container volume in the world. Containerization (or containerisation) is a system of Intermodal freight transport Cargo Transport using standard ISO containers Containerization (or containerisation) is a system of Intermodal freight transport Cargo Transport using standard ISO containers [2]

The Group contains 6 listed companies and has more than 300 subsidiaries locally and abroad, providing services in freight forwarding, ship building, ship repair, terminal operation, container manufacturing, trade, financing, real estate, and IT. The Group owns and operates a variety of merchant fleet of some 600 vessels with total carrying capacity of up to 35 million metric tons of deadweight (DWT). Deadweight tonnage (also known as deadweight and variously abbreviated as DWT, D

They are the largest dry bulk carrier in China and one of the largest dry bulk shipping operators worldwide. In addition, the Group is the largest liner carrier in China.

Contents

San Francisco Bay disaster

Main article: 2007 San Francisco Bay oil spill

On 7 November 2007, shortly after being warned that it was off course, the COSCO Busan hit the western tower of the San Francisco Bay Bridge. The 2007 San Francisco Bay oil spill was an Oil spill that occurred on on 7 November 2007 at San Francisco California, in which 58000 gallons Events 1492 - The Ensisheim Meteorite the oldest Meteorite with a known date of impact strikes the Earth around noon in a Wheat Year 2007 ( MMVII) was a Common year starting on Monday of the Gregorian calendar in the 21st century. [3] The impact ripped a hole in the vessel and spilled 58,000 gallons of fuel oil into San Francisco Bay. San Francisco Bay is a shallow productive Estuary through which water draining from approximately forty percent of California, flowing in the Sacramento Damage was extensive. All beaches and islands in the bay were contaminated and closed to the public, hundreds of birds and other wildlife were killed and there was wide-ranging economic impact. The annual crab fishing season was canceled and all sport fishing was halted. [4]

On 11 November, COSCO released a statement that the COSCO Busan was owned and operated by a non-affiliated company. [5]

Trading as

There are totally 7 listed companies of COSCO:

See also

References

  1. ^ COSCO Group
  2. ^ Liner market shares. B shares on the Shanghai and Shenzhen Stock exchanges refers to those that are traded in foreign currencies. In 1961 China established a state-run marine shipping company and subsequently signed shipping agreements with many countries laying the foundation for developing the country's ocean transport BRS report for Alphaliner (January 2006).
  3. ^ Attorney said pilot told Coast Guard his course was OK
  4. ^ Fishermen vote to close crabbing
  5. ^ COSCO Group

External links

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