China Ocean Shipping Company (COSCO)

The China Ocean Shipping Company (COSCO) is a major state-owned shipping and logistics company based in China. Founded in 1961, it plays a crucial role in global trade by operating a large fleet of container ships, bulk carriers, and tankers. COSCO facilitates the transportation of goods across oceans, connecting China with markets around the world. In addition to shipping, it offers services like terminal operations, logistics, and freight forwarding. COSCO is instrumental in enhancing China's maritime capabilities and has become one of the largest shipping companies globally, significantly impacting international trade networks.