Inside COSCO
COSCO Shipping Lines in its current form was created in 2016 by merging COSCO and China Shipping, two state-owned giants, into a single container powerhouse. Combined with subsidiary OOCL, it ranks among the very largest carriers in the world.
As the anchor of the Ocean Alliance and a key instrument of China’s Belt and Road trade ambitions, COSCO pairs a vast fleet with major investments in terminals across Europe, the Mediterranean and beyond.
“China's state flagship and the backbone of the Ocean Alliance.”
At a glance
- Formed from the 2016 COSCO + China Shipping merger
- Owns OOCL, adding to combined fleet scale
- Leading member of the Ocean Alliance
- Extensive global terminal portfolio (Piraeus, Zeebrugge and more)