China Shipping Container Lines

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China Shipping Container Lines Company Limited (“CSCL”) was founded in 1997 with its headquarters in Shanghai, China.

The company has emerged as a major global player and now is the fastest growing and world leading major container shipping company. It is currently among the top 10 container shipping company in terms of operating capacity.

CSCL is a specialized corporation affiliated to China Shipping (Group) Company, involved in container liner services and other relative services as well. It provides services to customers, in storage, transshipment, customs clearance, and other related declaration.

As at May 2010, CSCL has a young and modern fleet that comprises 135 vessels with a total operating capacity of 504,761TEU, among which over 77 of them had capacities of over 4,000 TEU. The average age of vessels with capacity of more than 4,000 TEU is 4.70 years which occupied 85.9% of the whole operating capacity. Such a young and energetic fleet provides CSCL with additional competitive advantage to stay at the industry forefront.

The China shipping lines now is operating dozens of domestic coastal routes and international container liner services from China to Japan, Korea, Southeast Asia, Australia, Europe, Mediterranean, America, West Africa and Persian Gulf.

With 16 vessels in operation, China Shipping's Far East-North America lines cover 8 base ports and over 40 inland points of North America. The company has formed a net work covering the main ports of China, Japan, Korea, and Southeast Asia.

Its Far East-Europe/Mediterranean line is now serving almost all China-based ports, with big capacity as compared with other carriers is also a dominant player in China with a share of over 50% in a significant number of domestic ports. Its domestic market share in certain ports is as high as 80%-90%.

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