Cosco Shipping International Co., Ltd. (VZS)

Overview

COSCO SHIPPING International (Singapore) Co., Ltd. operates as an investment holding company with a focus on providing integrated logistics services primarily in South and Southeast Asia. The company, rooted in its rich history since 1961, transitioned from its former identity, COSCO Corporation (Singapore) Limited, to its current name in April 2017, reflecting its broader ambitions and alignment with its parent company, China Ocean Shipping Company Limited. Headquartered in Singapore, COSCO SHIPPING International has crafted a diversified business portfolio that spans across various maritime and logistics sectors, including shipping, ship repair and marine engineering, logistics, and property management services, positioning itself as a pivotal player in the region’s logistics and shipping industry.

Products and Services

The suite of offerings by COSCO SHIPPING International encompasses a wide range of services tailored to meet the demands of the logistics and maritime industries:

• Warehousing Solutions and Value-added Services: This includes crating and packing, cross-docking, emergency parts distribution, knitting and co-packing services, labeling and tagging, light manufacturing, pick and pack, labeling, fulfillment, delivery, purchase order management, re-work, receiving and inventory replenishment, sorting and segregating, and stock transfer services. These offerings are designed to optimize supply chain efficiency for businesses.
• Dry Bulk Shipping Services: The company facilitates transportation of various bulk goods, such as grain, iron ore, coal, steel, cement, and fertilizers. This service caters to the foundational needs of global trade and logistics chains, ensuring the seamless movement of essential commodities.
• Ship Repair and Marine Engineering: COSCO provides comprehensive services ranging from fabrication work to the production of marine outfitting components for a variety of vessels, including oil tankers, bulk carriers, and container liners. These services underline the company’s capability in supporting the operational efficiency and longevity of maritime assets.
• Container Depot Services: Offering storage and servicing for general purpose containers, reefer containers, and special equipment. This facility supports the logistical needs of shipping lines and leasing companies, ensuring the readiness and maintenance of their container fleets.
• Automotive Logistics: The company offers an array of services tailored for the automotive sector, including warehouse and storage, repossessed vehicle assistance, and services related to the storage, transport, and documentation of used/de-registered cars for export or scrap. These services streamline the automotive supply chain, from production to end-user delivery.
• Additional Logistics Services: This encompasses trucking, police escort, port clearance, freight-coordination, and dry hubbing services, providing an end-to-end solution for complex logistics requirements.
• Property Management Services: Beyond its core maritime and logistics operations, COSCO SHIPPING International also extends its expertise into the realm of property management, illustrating its diversified service capabilities and commitment to leveraging its assets for broad-based value creation.