Cosco Shipping International (Hong Kong) Co., Ltd. ADR (CSCMY)

Overview

COSCO SHIPPING International (Singapore) Co., Ltd., established as an investment holding company, has grown into an integral player in the integrated logistics services sector within South and Southeast Asia. Initially founded in 1961 and known as COSCO Corporation (Singapore) Limited, it underwent a rebranding to its current name in April 2017. Operating with a parent company, China Ocean Shipping Company Limited, it has reinforced its position as a powerhouse in the logistics and shipping sectors. Based in Singapore, its operations are segmented into distinct areas such as Shipping, Ship Repair and Marine Engineering Activities, Logistics, and Property Management, catering to a broad spectrum of industry needs.

Products and Services

• Warehousing Solution and Value-added Services:

  Provides comprehensive warehousing solutions accompanied by a plethora of value-added services. These include but are not limited to crating and packing, cross-docking, emergency parts distribution, knitting, and co-packing services. Further activities such as labeling, tagging, light manufacturing, picking and packing, fulfillment, purchase order management, inventory replenishment, sorting, and segregating, as well as stock transfer, exemplify their broad-ranging capabilities in the logistics sector.

• Dry Bulk Shipping Services:

  Specializes in dry bulk shipping services catering to a wide range of commodities such as grain, iron ore, coal, steel, cement, and fertilizers. This demonstrates COSCO SHIPPING International’s versatility and capacity to handle a diversity of cargo types with efficiency and reliability.

• Ship Repair and Marine Engineering Activities:

  Offers fabrication services and the production of marine outfitting components suitable for various vessel types, including oil tankers, bulk carriers, and container liners. This highlights the company's commitment to supporting maritime operations not just in logistics but also in ensuring vessel operability and safety.

• Container Depot Services:

  Manages container depots for the storage and servicing of general purpose containers, reefer containers, and other special equipment. This aspect of the service underscores the company’s role in facilitating global trade through efficient container management.

• Automotive Logistics:

  Delivers integrated automotive logistics solutions covering warehouse and storage, assistance with repossessed vehicles, services for used or de-registered cars intended for export or scrap, and comprehensive support for transportation, documentation, and vehicle stuffing or un-stuffing into containers.

• Additional Logistics Services:

  Provides a suite of additional services such as trucking, police escort, port clearance, freight-coordination, and dry hubbing services to ensure the comprehensive coverage of logistics needs for their clients.

• Property Management Services:

  Expands its portfolio by offering property management services, demonstrating COSCO SHIPPING International's diversification into managing assets beyond its core maritime and logistics operations.