COSCO Pacific Limited
Home|中文|Sitemap|Printer Friendly|Intranet
Home > Businesses > Terminal > Overview

COSCO Pacific is the fifth largest container terminal operator in the world and a leading terminal operator in China. COSCO Pacific is the flagship of China Ocean Shipping (Group) Company for terminal business with wide-ranging terminal network and port portfolio in both China and overseas. In 2011, equity throughput and total throughput of the Group rose by 21.9% and 15.1% to 13.74 million TEUs and 50.70 million TEUs respectively.

The Group's terminal investment strategy is focused on maintaining a balanced geographical distribution of terminals. We have been investing in ports in China and expanding the port network overseas. In addition, we invest not only in international hub ports along the coast of China, but allocate resources to feeder ports in China that handle domestic and overseas trade. Today, the Group's terminal portfolio covers four main port regions in China, as well as overseas hub ports. As of 31 December 2011, we operated and managed 103 berths at 18 ports worldwide, 14 of them in China (Shanghai, Hong Kong, Shenzhen, Ningbo, Guangzhou, Qingdao, Tianjin, Dalian, Quanzhou, Jinjiang, Yangzhou, Zhangjiagang, Yingkou and Nanjing) and four overseas (Piraeus in Greece, Port Said in Egypt, Antwerp in Belgium and Singapore). Among the 103 berths, 93 are for containers, with a combined annual handling capacity of 55.45 million TEUs.

The Group has been acquiring terminal assets and expanding its existing terminals to increase handling capacity. At the same time, we have upgraded the infrastructure of our terminals to boost efficiency. This has strengthened our competitiveness and given momentum to our business growth.

For the past five years (2007-2011), the Group has been increasing global market share to consolidate its leading position through acquiring controlling stakes in new terminal investment projects. This has enhanced the terminal business, generating continuous high revenue growth, increasing the proportion of the Group's total revenue it accounts for and growing equity throughput faster than total throughput. The compounded annual growth rate of terminal revenue reached 58.6% during the period.

Copyright, COSCO Pacific Ltd. All rights reserved. Term of use | Disclaimer