Traded as SEHK: 1199 Area served Hong Kong
China Headquarters Hong Kong Founded 1994 Parent organization COSCO (Hong Kong) Group | Industry Shipping and Logistics Website coscopac.com.hk Revenue 798 million USD (2013) Net income 702 million USD (2013) | |
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Type State-owned enterprise (Red chip) Key people Chairman: Dr. Li Yunpeng (李雲鵬) Stock price 1199 (HKG) HK$ 8.50 +0.13 (+1.55%)3 Mar, 4:09 PM GMT+8 - Disclaimer Subsidiaries COSCO SHIPPING Ports (Vado) Limited |
COSCO SHIPPING Ports Ltd., headquartered in Hong Kong, is a subsidiary and listed company of China COSCO owned by COSCO Group. It is mainly engaged in container terminal operations, container manufacturing and leasing, shipping agency and freight forwarding.
Formerly name is COSCO Pacific Limited.
It has been a Hang Seng Index Constituent Stock (blue chip) since 2003.
In 2008 COSCO Pacific was crowned In-House of the Year - Shipping In-House Team of the Year at the 2008 ALB Hong Kong Law Awards.
In July 2016, COSCO Pacific announced it plans to change its name to COSCO Shipping Ports Limited. The decision is linked to a merger and major reorganization of China Shipping Group and COSCO Group earlier in 2016.
References
COSCO Ship Ports Wikipedia(Text) CC BY-SA