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495:. CSCL's assets were transferred to the container shipping branch of COSCO Group, COSCO Container Lines. CSCL's shareholders approved 100% acquisition of Florens Container Lease, the container leasing subsidiary of COSCO Group and Dong Fang International Investment, the container leasing subsidiary of China Shipping Group. CSCL's shareholders also approved taking over the ship leasing subsidiary of China Shipping Group, Oriental Fleet International Ltd. As a result, CSCL was renamed COSCO SHIPPING Development Co. and became a holding company for COSCO SHIPPING's container and ship leasing business.
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459:. In 2006, after Kelin retired, Li Shaode – who had 40 years of experience in the shipping industry – was appointed chairman of CSCL. Shaode along with other veteran members of the leadership team continued CSCL's tradition of success. As China increasingly became the world's factory, CSCL played a significant role in transporting exports of consumer goods and imports of recycled material from developed countries.
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market share increased 126% between 2000 and 2006, becoming the second fastest growing container carrier in the world. In 2004, CSCL became the world's tenth largest ocean container line in terms of TEU capacity, and in 2007, it became the world's sixth largest. In 2005, CSCL was named the “World’s
506:
COSCO SHIPPING Development owns
Florens Asset Management, one of the world's leading lessors of intermodal shipping containers. As of March 2020, Florens' container fleet consisted of 3.65 million TEUs. Florens leases dry containers, reefers, open-top containers, and flat racks on short- and
362:(CSCL) and was among the world's largest container liner companies. It exited the container shipping business and was renamed to COSCO SHIPPING Development because of the COSCO-China Shipping merger in 2016. As CSCL, the company was ranked 1503rd in 2012 edition of
507:
long-term leases. Florens Asset
Management was founded in 1987 and was previously a wholly owned subsidiary of COSCO Group. Florens also incorporates the container fleet of Dong Fang International Asset Management, which was owned by China Shipping Group.
484:, the world's largest container ship at the time. By May 2014, China Shipping Container Line's service profile consisted of 40 routes including trans-Pacific, trans-Atlantic, Asia-Europe, Asia-Africa, and intra-Asia routes and a fleet of 148
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In China, CSCL had in-house trucking companies, a container yard, and the company called on 12 Chinese seaports and several riverports. The company owned assets in dozens of countries. Over the years, CSCL developed a large
659:. The grounding resulted in the suspension of all shipping traffic to and from the port. Following the successful re-floating operation, the ship was led to the port of Antwerp, where undergo an inspection.
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1032:"Integration of Container Leasing and Trading Businesses and Operations between the Corporate Groups of Florens Container Holdings Limited and Dong Fang International Investment Limited"
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in 2001, CSCL grew rapidly, playing a major role in supporting China's economic advancement and international trade. With continued support from the
Chinese government, CSCL's global
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The company provides container and ship leasing, container manufacturing, marine insurance brokerage, and risk management for ocean shipping companies.
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384:. That same year, China Shipping Container Lines Co. Ltd (CSCL) was founded in Shanghai as a subsidiary of China Shipping Group.
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987:"China Shipping (North America) Holding Co., Ltd. & China Shipping (North America) Agency Co., Inc.: About Us"
913:"China Shipping (North America) Holding Co., Ltd. & China Shipping (North America) Agency Co., Inc.: About Us"
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awarded CSCL the 'Honor of
Environmental Protection'. In 2009, CSCL was awarded the 'Best Annual Carrier' by
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In
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formed the Ocean Three
Alliance – a business agreement to share vessel space. In December 2014, CSCL
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Most
Profitable Container Liner Company” by the journal American Shipper. In 2007 and again in 2008,
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network in the US by contracting with trucking companies and all
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On July 1, 2013, CSCL suspended all its services in Iran due to
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455:. CSCL's early successes were credited to the leadership of
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Container ship classes of China
Shipping Container Lines
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and tools are available to assist in formatting, such as
934:"Chinese firms drop Iran as latest U.S. sanctions bite"
424:. In May 2001, CSCL, Marine Terminal Corporation, and
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service to deliver China
Shipping containers from the
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8:
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71:and maintains a consistent citation style.
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847:A Guide to the Top 100 Companies in China
347:is a financial services company based in
113:Learn how and when to remove this message
1055:http://en.development.coscoshipping.com/
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376:In 1997, the Chinese government founded
129:. For the container line successor, see
1465:Transport companies established in 1997
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1006:van Marle, Gavin (December 14, 2015).
639:On 14 August 2017, the container ship
443:CSCL first went public in 2004 on the
1470:Container shipping companies of China
7:
1092:"CSCL Jupiter Refloated off Antwerp"
959:Barnard, Bruce (September 9, 2014).
341:COSCO Shipping Development Co., Ltd.
27:Chinese financing and logistics firm
1475:Government-owned companies of China
844:Zhang, Wenxian; Alon, Ilan (2010).
137:COSCO SHIPPING Development Co., Ltd
63:Please consider converting them to
1168:Major container shipping companies
25:
762:Dong Fang containers in Rotterdam
647:shortly after departing from the
428:announced a twice-weekly on-dock
1066:Voytenko, Mikhail (2017-08-14).
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1102:from the original on 2021-01-23
932:Saul, Jonathan (July 1, 2013).
850:. Singapore: World Scientific.
792:Knowler, Greg (July 4, 2016).
360:China Shipping Container Lines
164:China Shipping Container Lines
67:to ensure the article remains
18:China Shipping Container Lines
1:
125:For the parent company, see
1490:Companies based in Shanghai
1480:Shipping companies of China
1389:Pacific International Lines
466:. In 2014, CSCL along with
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820:"China Shipping Container"
345:COSCO SHIPPING Development
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32:China Shipping Development
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445:Hong Kong Stock Exchange
391:China Shipping container
30:Not to be confused with
643:ran aground near Bath,
628:Accidents and incidents
488:totaling 656,000 TEUs.
453:Shanghai Stock Exchange
395:After China joined the
283:Container manufacturing
618:Currently operated by
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1336:Ocean Network Express
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493:COSCO SHIPPING Group
472:United Arab Shipping
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716:near Glameyer Stack
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894:. August 25, 2009
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156:中远海运发展股份有限公司
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1304:Hapag-Lloyd
1199:Hamburg Süd
1182:2M Alliance
829:14 December
714:CSCL Europe
697:Bow of the
651:headed for
645:Netherlands
583:Peony-class
561:Globe class
521:Ship class
152:Native name
103:August 2022
1449:Categories
1374:Arkas Line
1106:2021-05-03
1077:2021-05-03
1041:2020-11-30
1017:2020-11-30
992:2020-11-30
972:2020-11-30
945:2020-11-30
918:2020-11-30
898:2020-11-30
877:2020-11-30
824:Forbes.com
805:2020-11-30
780:References
729:CSCL Venus
678:CSCL Globe
609:2018-2019
587:2018-2019
565:2014-2015
543:2011-2012
539:Star-class
481:CSCL Globe
476:christened
418:intermodal
279:Chartering
253:Key people
69:verifiable
1358:Yang Ming
1281:Evergreen
1204:Safmarine
273:Container
220:logistics
181:Traded as
54:bare URLs
1500:H shares
1309:CP Ships
1100:Archived
499:Services
349:Shanghai
266:Products
259:Chairman
239:Shanghai
216:Shipping
212:Industry
161:Formerly
58:link rot
1422:Defunct
1399:Wan Hai
1324:DAL/JTE
1247:Comanav
1232:CMA CGM
1209:SeaLand
966:JOC.com
939:Reuters
799:JOC.com
731:on the
681:at the
663:Gallery
657:Germany
653:Hamburg
612:21,237
590:13,800
568:18,982
546:14,074
468:CMA CGM
438:Chicago
372:History
321:Website
275:leasing
226:Founded
192::
1384:Matson
1367:Others
1351:K Line
1252:Delmas
1189:Maersk
1175:Active
854:
533:Notes
524:Built
440:, IL.
310:Parent
203:601866
173:Public
78:reFill
1379:IRISL
1264:COSCO
1035:(PDF)
511:Fleet
430:train
380:as a
353:China
300:(via
294:Owner
245:China
52:uses
1319:UASC
1314:CSAV
1274:OOCL
1269:CSCL
852:ISBN
831:2020
733:Elbe
685:, UK
470:and
332:.com
229:1997
218:and
194:2866
190:SEHK
86:and
1409:ZIM
1346:MOL
1341:NYK
1331:HMM
1257:NOL
1242:APL
1237:ANL
1216:MSC
449:IPO
436:to
401:TEU
397:WTO
382:SOE
199:SSE
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655:,
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326:en
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