Chapter 4 About Cosco Shipping Ports
10 COSCO SHIPPING PORTS LIMITED Sustainability Report 2020 CHAPTER 4 ABOUT COSCO SHIPPING PORTS CHAPTER 4 ABOUT COSCO SHIPPING PORTS 11 COSCO SHIPPING PORTS LIMITED Sustainability Report 2020 12 COSCO SHIPPING PORTS LIMITED Sustainability Report 2020 CORPORATE OVERVIEW COSCO SHIPPING Ports is a leading ports operator in the world, with a portfolio covering the five main port regions in Mainland China, Southeast Asia, the Middle East, Europe, South America and the Mediterranean. As of 31 December 2020, COSCO SHIPPING Ports operated and managed 357 berths at 36 ports worldwide, of which 210 were for containers, with a total annual handling capacity of approximately 118 million TEU. The Company upholds its mission of “The Ports for ALL” and strives to build a global terminal network with controlling stake that offers linkage effect on costs, services and synergies, creating mutual benefits across the shipping industry chain, connecting global shipping services and becoming truly “the ports for all people”. COSCO SHIPPING Ports’ intermediate holding company is COSCO SHIPPING Holdings Co., Limited (stock code: 1919 (H Share), 601919 (A Share)) whose ultimate holding company, China COSCO SHIPPING Corporation Limited, is the largest integrated shipping enterprise in the world. As at 31 December 2020, COSCO SHIPPING holds 46.22% share in COSCO SHIPPING Holdings, which in turn holds 50.23% share in COSCO SHIPPING Ports. KEY ECONOMIC PERFORMANCE IN THE LAST FIVE YEARS: Revenue Total Asset (US$ million) (US$ million) 11,224 1,028 10,477 1,000 1,001 8,954 9,046 6,787 635 556 2016 2017 2018 2019 2020 2016 2017 2018 2019 2020 Total Throughput (million TEU) 123.78 123.82 117.37 100.20 95.07 2016 2017 2018 2019 2020 For detailed economic performance, please refer to the 2020 Annual Report of COSCO SHIPPING Ports.
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