Cosco Shipping Holdings Co.,Ltd. (China)

Cosco Shipping Holdings Co., Ltd. is a comprehensive shipping company based in Shanghai, China. The company provides container shipping, dry bulk shipping, logistics, terminal, and container leasing services to both international and domestic customers. It operates through its wholly-owned subsidiary, Cosco Container Lines Co., Ltd., which handles container shipping and related businesses. As of June 30, 2008, Cosco Container Lines operated a fleet of 140 vessels with a total capacity of 458,472 TEUs, ranking it sixth in terms of total capacity globally according to CI statistics. The company has a presence in over 149 ports across more than 51 countries and regions worldwide, operating 74 international routes, 12 international feeder routes, 20 Chinese coastal routes, and 62 routes in the Pearl River Delta and Yangtze River Delta. Cosco Shipping Holdings also operates a container leasing business through its subsidiary, Florens Container Holdings Limited, which owns and manages a fleet of 1,632,356 TEUs, making it the second-largest player in the global container leasing market with a market share of approximately 13.2%.