Formerly |
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Type | public | ||||||
SEHK: 1138 SSE: 600026 | |||||||
Industry | Shipping | ||||||
Founded | 1994 | ||||||
Headquarters | Shanghai , China | ||||||
Area served | Worldwide | ||||||
Key people | Chairman: Mr. Liu Hanbo | ||||||
Products | Oil shipping | ||||||
Owner | COSCO Shipping (via China Shipping Group) | ||||||
Parent | China Shipping Group | ||||||
Chinese name | |||||||
Simplified Chinese | 中远海运能源运输股份有限公司 | ||||||
Traditional Chinese | 中遠海運能源運輸股份有限公司 | ||||||
Hanyu Pinyin | Zhōngyuǎn hǎiyùn néngyuán yùnshū gǔfèn yǒuxiàn gōngsī | ||||||
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former name | |||||||
Simplified Chinese | 中海发展股份有限公司 | ||||||
Traditional Chinese | 中海發展股份有限公司 | ||||||
Hanyu Pinyin | Zhōnghǎi fāzhǎn gǔfèn yǒuxiàn gōngsī | ||||||
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short name | |||||||
Simplified Chinese | 中远海能 | ||||||
Traditional Chinese | 中遠海能 | ||||||
Hanyu Pinyin | Zhōng-yuǎn hǎi-néng | ||||||
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former short name | |||||||
Simplified Chinese | 中海发展 | ||||||
Traditional Chinese | 中海發展 | ||||||
Hanyu Pinyin | Zhōnghǎi fāzhǎn | ||||||
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Website | en |
COSCO Shipping Energy Transportation Co.,Ltd.,stylized as COSCO SHIPPING Energy,is a Chinese oil tanker shipping company with its headquarters in Hongkou District,Shanghai. The company transports crude oil,LNG,and LPG. It is a subsidiary of COSCO Shipping. It is the world's largest oil tanker shipping company in terms of fleet capacity.
The company was established by Shanghai Shipping Group as Shanghai Haixing Shipping Co.,Ltd in May 1994. Haixing Shipping issued 1.08 billion H shares and was listed on the Stock Exchange of Hong Kong (SEHK) in November 1994. It quickly became the largest carrier of coal and crude in East China. [1]
On July 1,1997,China Shipping Group was founded in Shanghai to hold all the shares of Haixing Shipping's parent,Shanghai Shipping Group,along with the shares of Guangzhou Shipping Group and Dalian Shipping Group. On July 18,1997,China Shipping agreed to acquire all the "legal person shares" (Chinese :法人股;Chinese regulatory terminology) of Haixing Shipping from Shanghai Shipping Group. As a result,China Shipping Group became the controlling shareholder of Haixing Shipping. In December 1997,Haixing Shipping changed its name to China Shipping Development Co. Ltd. [1]
The main business focus of China Shipping Development was bulk cargo shipping,specifically oil shipping. In 2006,the company acquired 42 bulk carrier ships and became one of the largest oil shipping companies in the Far East. In 2007,the company ordered 16 VLOC ships to transport iron ore imports. In 2009,China Shipping Development acquired China Shipping LNG Investment Company Limited from China Shipping Group. Then,China Shipping Development along with MOL established joint ventures with Sinopec and PetroChina to transport LNG. The joint venture companies ordered a total of 10 LNG vessels in July 2011 and April 2013,of which 6 vessels are owned by China Shipping Development. [2] [3] [1]
In August 2012,China Shipping Development established a subsidiary,China Shipping Bulk Carrier Company Limited,to handle all its dry bulk business. [1]
In 2016,China Shipping Development's parent company,China Shipping Group,completed a merger with COSCO Group. As part of the merger China Shipping Development sold 100% equity interest of its subsidiary China Shipping Bulk Carrier Co. to the newly formed China COSCO Bulk Shipping Co. Meanwhile,China Shipping Development acquired 100% equity interest of tanker shipping company Dalian Ocean Shipping Co. from COSCO Group. As a result,China Shipping Development was renamed to COSCO SHIPPING Energy Transportation,and became focused solely on oil and LNG shipping. [4] [1]
COSCO SHIPPING Energy became the world's largest oil tanker fleet,with 105 oil tanker ships totaling 17.04 million DWT. [5]
Kawasaki Heavy Industries Ltd. (KHI) is a Japanese public multinational corporation manufacturer of motorcycles,engines,heavy equipment,aerospace and defense equipment,rolling stock and ships,headquartered in Chūō,Kobe and Minato,Tokyo,Japan. It is also active in the production of industrial robots,gas turbines,pumps,boilers and other industrial products. The company is named after its founder,ShōzōKawasaki. KHI is known as one of the three major heavy industrial manufacturers of Japan,alongside Mitsubishi Heavy Industries and IHI. Prior to the Second World War,KHI was part of the Kobe Kawasaki zaibatsu,which included Kawasaki Steel and Kawasaki Kisen. After the conflict,KHI became part of the DKB Group (keiretsu).
The Yamalo-Nenets Autonomous Okrug or Yamalia is a federal subject of Russia and an autonomous okrug of Tyumen Oblast. Its administrative center is the town of Salekhard,and its largest city is Noyabrsk. The 2010 Russian Census recorded its population as 522,904.
China Ocean Shipping Company,Limited,formerly China Ocean Shipping (Group) Company,commonly known for its abbreviated name COSCO Group,or simply,COSCO,is one of the major holding companies for COSCO Shipping,one of the world's largest shipping companies. COSCO Shipping was formed in January 2016 by a merger of COSCO and China Shipping Group as one conglomerate.
China Petroleum &Chemical Corporation (中国石油化工股份有限公司),or Sinopec,is a Chinese oil and gas enterprise based in Beijing. It is listed in Hong Kong and also trades in Shanghai.
COSCO Shipping Development Co.,Ltd.,stylized as COSCO SHIPPING Development is a financial services company based in Shanghai,China.
BW Group is a maritime company involved in shipping,floating gas infrastructure and deep-water oil &gas production. The company has over 350 vessels managed by an international team of over 7000 staff worldwide. The group was founded by Sir Yue-Kong Pao in Hong Kong in 1955 as World-Wide Shipping. In 2003,the company acquired Bergesen d.y. ASA,Norway's largest shipping company,which was founded in 1935 by Sigval Bergesen the Younger. In 2005,the business was re-branded as BW. With its LNG and LPG fleets combined,BW Group owns and operates the world's largest gas shipping fleet of more than 115 gas vessels,including four FSRUs. Hafnia,a member of the BW Group,operates the world's largest fleet of oil product tankers,and BW Offshore comprises the second largest number of floating oil and gas production units (FPSOs). BW's controlled fleet of over 350 ships also includes crude oil supertankers and dry bulk carriers.
Mercator Limited is an Indian company. It was earlier known as Mercator Lines Ltd. The Mercator group of companies has diversified business interests in Coal,Oil &Gas,Commodity Transportation,and Dredging. Mercator Limited is the parent company and was the second largest private sector shipping company in India,and it is based in Mumbai. It was amongst the highest wealth creators in the Indian stock exchanges between 2000 -2010.
In 1961 China established a state-run maritime shipping company and subsequently signed shipping agreements with many countries,laying the foundation for developing the country's ocean transport. That organization developed into the present-day China Ocean Shipping (Group) Company (COSCO). The Chinese government also invested heavily in water transport infrastructure,constructing new ports and rebuilding and enlarging older facilities.
Bahri,formerly known as the National Shipping Company of Saudi Arabia,is a transportation and logistics company,positioned as the national shipping carrier of Saudi Arabia.
China Shipping Group Company,Limited,formerly China Shipping (Group) Company,is a former Chinese state-owned shipping conglomerate. It is now one of the intermediate holding companies for another Chinese state-owned conglomerate,China COSCO Shipping,which was formed by a merger of China Ocean Shipping Company (COSCO) and China Shipping Group by the creation of a new parent company for the two conglomerates.
China Merchants Energy Shipping Company Limited,parented by China Merchants Group,is engaged in shipping industry,including tanker transportation,bulk cargo vessel transportation. Other businesses include training for sailors and sales of electronic ship machinery. It is headquartered in Shanghai,China. They are the parent company for China VLOC Company Limited,a wholly owned subsidiary that manages four VLOCs they had previously acquire from Vale.
Knutsen OAS Shipping is a privately owned shipping company located in Haugesund,Norway. The company has a fleet of purpose-built shuttle tankers,chemical carriers and product tankers internationally. The fleet consists of 41 shuttle tankers,chemical carriers and product tankers. In 2009 the company had an onshore staff of 64 to handle projects and operation of the fleet,430 administrative employees offshore and about 800 foreign employees.
BP Shipping is the maritime arm of British headquartered global oil company,BP. The unit covers the marine transport,logistics and insurance requirements of all BP's global activities.
Xin Pu Yang is an oil tanker designed and built by the China Shipbuilding Industry Corporation. She was laid down on 8 September 2008,launched on 19 June 2009 and completed on 7 January 2010. With a deadweight tonnage of 309,362 tons and a gross tonnage of 161,488 she was at the time of her completion the largest tanker built in China. She is 333 meters long and 60 meters wide.
Valemax ships are a fleet of very large ore carriers (VLOC) owned or chartered by the Brazilian mining company Vale S.A. to carry iron ore from Brazil to European and Asian ports. With a capacity ranging from 380,000 to 400,000 tons deadweight,the vessels meet the Chinamax standard of ship measurements for limits on draft and beam. Valemax ships are the largest bulk carriers ever constructed,when measuring deadweight tonnage or length overall,and are amongst the longest ships of any type currently in service.
Yamal LNG is a joint venture based around a liquefied natural gas plant located in Sabetta at the north-east of the Yamal Peninsula,northwest Siberia,Russia. In addition to the LNG plant,the project includes production at the Yuzhno-Tambeyskoye gas field,and the transport infrastructure,including the Sabetta seaport and airport.
Sabetta is the location of a port and liquified natural gas (LNG) plant—Yamal LNG—on the Yamal Peninsula,in the north of Russia along the Northern Sea Route.
China COSCO Shipping Corporation Limited,abbreviated as COSCO Shipping,is a Chinese state-owned multinational conglomerate headquartered in Shanghai. The group is focused on marine transportation services. COSCO Shipping was established in January 2016 by the merger of COSCO Group and China Shipping Group.
Teekay is a Canadian shipping corporation which specialises in shipping crude oil.
COSCO SHIPPING Lines Co.,Ltd. is a Chinese international container transportation and shipping company. It is a subsidiary of COSCO Shipping Holdings,and its parent company is China's state-owned COSCO Shipping.