COSCO Shipping

China COSCO Shipping is a state-owned enterprise headquartered in Shanghai. It is the merged entity of China Ocean Shipping (COSCO) and China Shipping. The total fleet comprises 1,114 vessels, with a capacity of 85.32 million dead-weight tonnage (DWT), making it a world leader. Its container fleet capacity is 1.58 million TEU (twenty-foot equivalent unit), ranking fourth in the world. Its self-owned dry bulk fleet, tanker fleet, general cargo and specialized cargo fleet are world leaders in terms of capacity.