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COSCO SHIPPING Ports Limited
COSCO SHIPPING Ports Limited

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COSCO Pacific port ranked sixth in the world

Date:2004-09-14     Publish:本站

In Drewry's latest Annual Review of Global Container Terminal Operators 2003, COSCO Group, with its handling capacity of 7,400,000 TEUs, was ranked sixth among container port operators in the world, which is two ranks higher, comparing with the eighth ranking in 2002. The review forecasts that COSCO Pacific will overtake Eurogate to become the world's fifth largest by the end of 2004.

In these two years, COSCO Pacific highly emphasizes the port business by enhancing investments and development in container port facilities, and expands new projects. The container port business has progressed rapidly, with more than 40% growth every year.