Cosco Shipping International Ltd. (F83)

Overview

COSCO SHIPPING International (Hong Kong) Co., Ltd. stands as a prominent investment holding company providing a diversified array of shipping services both within the People's Republic of China and on a global scale. Originating in 1992 and headquartered in Central, Hong Kong, this enterprise has evolved significantly over the years, marked notably by its rebranding from COSCO International Holdings Limited to its current name in November 2016, thereby aligning its identity more closely with the expansive COSCO SHIPPING conglomerate. As a key subsidiary of COSCO SHIPPING (Hong Kong) Co., Limited, the company leverages its extensive network and expertise to offer a comprehensive suite of services including coatings production, marine equipment and spare parts sales and installation, ship trading agency functions, insurance brokerage, as well as marine fuel and other products supply and trading. This broad service spectrum allows COSCO SHIPPING International to cater to a wide variety of customers' needs, ensuring efficiency and quality in maritime logistics and ancillary services.

Products and Services

• Coatings - This segment focuses on producing and selling an extensive range of coatings products which encompass container coatings, industrial heavy-duty anti-corrosion coatings, and marine coatings. Each product is designed to meet the rigorous quality standards demanded by maritime operations, ensuring longevity and durability of ships and containers.
• Marine Equipment and Spare Parts - Offering sales and installation services for a wide array of equipment and parts for both existing vessels and new builds, this segment caters to the critical operational needs of ships. Services extend to radio communications systems, satellite communications, and navigation systems optimized for ships, offshore facilities, coastal stations, and terrestrial users. Additional offerings include the supply of marine materials and provision of voyage repair services, underscoring the company's commitment to supporting maritime operations comprehensively.
• Ship Trading Agency - Specializing in agency services related to shipbuilding, ship trading, and the bareboat chartering of second-hand and phased-out vessels. This segment also offers consultancy on ship technology and trading, conducts business negotiations for new builds, assists in the purchase and sale of second-hand vessels, and ensures a smooth construction and delivery process for new build ships, contributing to the efficiency and effectiveness of maritime trade.
• Insurance Brokerage - Providing intermediary services for both marine and non-marine insurance, this segment ensures that clients' assets and operations are protected with optimal insurance solutions. The focus on both insurance and reinsurance brokerage services highlights the company's dedication to risk management and financial security for its clients.
• Marine Fuel and Other Products - Engaged in the supply, trading, and brokerage of marine fuel and related products, this segment supports the vital energy needs of maritime operations. The company ensures the availability and competitive pricing of marine fuel, alongside offering related products and services, thereby playing a key role in the efficient and economic operation of ships.
• General Trading - This broad category involves the trading, storage, processing, and supply of asphalt, among other commodities. It also encompasses the trading of various vessel spare parts and accessories, reinforcing the company's role as a comprehensive provider of maritime solution and services. The inclusion of "other comprehensive trading" activities indicates the flexibility and adaptability of the company's trading operations to meet market demands and client needs.