COSCO SHIPPING Development Co Ltd
SWB:EZ5

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COSCO SHIPPING Development Co Ltd Logo
COSCO SHIPPING Development Co Ltd
SWB:EZ5
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Price: 0.1137 EUR -6.8%
Market Cap: €6.5B

COSCO SHIPPING Development Co Ltd
Investor Relations

COSCO SHIPPING Development Co Ltd is a shipping finance and equipment company tied to the global cargo trade. It buys, leases, and manages container vessels, dry bulk ships, and intermodal containers, and it also provides financing and asset management services to shipping customers. In plain terms, it helps shipping lines and logistics firms get the vessels and containers they need without having to own everything outright. The company makes money mainly from lease income, ship and container related services, and interest or financing income from asset-backed arrangements. Its customers are mostly shipping companies, freight operators, and other businesses that move goods by sea and rail. It sits between the capital markets and the shipping industry, turning large, expensive transport assets into usable equipment for customers through leasing and financing contracts. What makes its business different is that it is not a classic cargo carrier that earns money by moving boxes from port to port. Instead, it owns or finances the equipment that the shipping system depends on, which gives it a role similar to an industrial lessor and maritime asset manager. That makes its business closely linked to trade volumes and shipping asset demand, while still being built around long-term contracts and owned equipment.

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No Earnings Calls Available

Management

Mr. Mingwen Zhang C.F.A.
Executive Chairman & GM
No Bio Available
Mr. Lei Cai
Board Secretary & Company Secretary
No Bio Available
Mr. Haibing Hu
Chief Accountant
No Bio Available

Contacts

Address
SHANGHAI
Shanghai
COSCO SHIPPING Mansion, No. 5299 Binjiang Avenue, Pudong New Area
Contacts
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