COSCO (H.K.) GROUP

COSCO International Ship Trading Co., Ltd. ("COSCO Ship Trading"), a 60% owned subsidiary of COSCO International, is the window company for the ship trading agency business of COSCO.

The principal business of COSCO Ship Trading includes sale and purchase of new and second-hand vessels, bareboat charter businesses and sale and purchase of marine equipment for new ship-building projects and providing consulting services in ship technique and trade, technical and commercial negotiations.

To build up a comprehensive ship trading and supplying services supply platform, COSCO Ship Trading takes a proactive approach in establishing a long-term and good cooperative relationship with various shipping companies, shipyards, ship brokers, ship classification societies and equipment suppliers. Capitalising on its advantages in resources and networking, COSCO Ship Trading functions as a bridge for other ship trading and supplying services enterprises in the business chain, which include production and sales of coating products, marine equipment, spare parts, communications and navigation equipment supply as well as marine brokerage services businesses, with a view to exploring more new markets on top of its existing customer base and creating synergy among these enterprises.