China COSCO SHIPPING Corporation Limited was formally established in Shanghai, China through the integration of COSCO Group and China Shipping Group. The newly formed COSCO SHIPPING was officially poised to increase its global competitiveness and secure itself a stronger presence in the global maritime industry.
COSCO SHIPPING LINE Inc. was officially established through the integration of China Shipping North America Holdings and COSCO Americas, Inc.
COSCO SHIPPING Panama became the first Post-Panamax vessel to transit the new locks of the expanded Panama Canal. This was not only a historical moment in maritime history, but also marked a significant and successful first milestone for the newly integrated COSCO SHIPPING LINE.
Capt. Xu Lirong, Chairman of COSCO SHIPPING, visited COSCO SHIPPING LINE Inc.’s headquarters in Secaucus, New Jersey, United States for the very first time.
Chinese President Xi Jinping and Panamanian President Juan Carlos Varela paid a visit to the New Panamax Locks on the Panama Canal as M/V COSCO SHIPPING Rose was waiting to pass the lock at Gate Number 1. Capt. Xu Lirong, Chairman of COSCO SHIPPING, reported the basic information of COSCO SHIPPING Rose, as well as the operations of COSCO SHIPPING in Panama and Central America, to the two heads of state. The two couples waved to the ship crew, while crew members lined up on board and waved the national flags of both countries. President Xi even spoke with the Captain of COSCO SHIPPING Rose via walkie-talkie, asking about work and life on board and extending his kind wishes to the entire crew.