China Shipping Group | china shipping line
Shanghai-basedmaritimelogisticsfirmChinaShippingGroupCompany,Limited,formerlyChinaShipping(Group)Company,[a]isaformerChinesestate-ownedshippingconglomerate.ItisnowoneoftheintermediateholdingcompaniesforanotherChinesestate-ownedconglomerate,ChinaCOSCOShipping,whichwasformedbyamergerofChinaOceanShippingCompany(COSCO)andChinaShippingGroupbythecreationofanewparentcompanyforthetwoconglomerates.ChinaShippingGroupwasmainlyengagedinshippingofoiltankers,passengershipsandcontainervessels.Otherrelatedb...
Shanghai-based maritime logistics firm
China Shipping Group Company, Limited, formerly China Shipping (Group) Company,[a] is a former Chinese state-owned shipping conglomerate. It is now one of the intermediate holding companies for another Chinese state-owned conglomerate, China COSCO Shipping, which was formed by a merger of China Ocean Shipping Company (COSCO) and China Shipping Group by the creation of a new parent company for the two conglomerates.
China Shipping Group was mainly engaged in shipping of oil tankers, passenger ships and container vessels. Other related businesses included ship and Terminal management, finance and investment, engineering, human resources, trading and information technology.
History[edit]China Shipping (Group) Company (Chinese: 中国海运(集团)总公司) was formed in 1997 by a merger of three Chinese Government owned shipping conglomerates, based in Shanghai, Guangzhou and Dalian respectively. At first the company had a net loss of RMB 6...