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Company Profile

COSCO SHIPPING Energy Transportation Co., Ltd. (“COSCO SHIPPING Energy”) is a specialized company engaging in energy shipment such as oil and gas, comprising China COSCO Shipping Corporation Limited. Its predecessor is China Shipping Development Company Limited (01138K, 600026), headquartered Shanghai, the main subsidiaries include COSCO SHIPPING Tanker (Shanghai) Co., Ltd., COSCO SHIPPING Tanker (Dalian) Co., Ltd., China Shipping Group Gas Investment Co., Ltd., China Shipping Development (Hong Kong) Marine Co., Limited and China Shipping Development (Singapore) Marine Co., Limited. 

As of June 2016, COSCO SHIPPING Energy operated 105 tanker vessels with a total shippingcapacity of 16.8 million DWT and held an order of 25 tanker vessels with a totalshipping capacity of 4.655 million DWT. It operated 10 LNG vessels with a total shipping capacity of 1.55 million cubic meters and heldan order of 24 LNG vessels with a total shipping capacity of 4.15 million cubic meters. The scale of shipment capacity for the tanker fleet of the Company ranked first globally with an average capacity of 160,000 DWT and an average age of 7.82 years per ship. 

COSCO SHIPPING Energy has maintained good cooperative relationship with more than 220 customers globally and the routes span across the world. The Company insists on the concept of "Intrinsically Safe and Safe Development", actively taking in the safety concept of DuPont and fully implementing the TMSA system. Its domestic leading staff training center is equipped with advanced facilities and is well-known in the industry. The five-in-one management system involving safety, quality, environment, energy and occupational health has been established. The subordinate units of the Company have been awarded the honorary title such as the “National Company with safety and integrity”, Gold Award of the “Best Shipping Company in the Freight Industry of China”, the “Tanker Operator Award” of the International Maritime Organization in China and the “National civilised Unit”. 

COSCO SHIPPING Energy is committed to being “the most respected and reliable provider for energy shipment services in the world”. It will rely on the national strategy of “One Belt One Road” with the objective of global operation strategy to serve large-scale petrochemical enterprises and strategic partners, thus provide the customers with quality services of all ship types, globalization and around the clock.

 
 
About Us
COSCO Shipping Energy Transportation Co., Ltd. (“COSCO Shipping Energy”) is a specialized company engaging in energy shipment such as oil and gas, comprising China COSCO Shipping Corporation Limited. Its predecessor is China Shipping Development Company Limited (01138K, 600026), headquartered Shanghai, the main subsidiaries include COSCO Shipping Tanker (Shanghai) Co., Ltd., COSCO Shipping Tanker (Dalian) Co., Ltd., China Shipping Group Gas Investment Co., Ltd., China Shipping Development (Hong Kong) Marine Co., Limited and China Shipping Development (Singapore) Marine Co., Limited.
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