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China Ocean Shipping (Group) Company state-owned China Ocean Shipping (Group) Company, known as COSCO Group, is one the world's leading marine transportation companies. Its subsidiaries and affiliates deal in shipping, logistics, ship building and repairing, and terminal operations. It also offers financing and ship trading servics, and it has investments in various financial institutions. Asia's largest operator of containerships, COSCO Group operates a fleet of 800 vessels, which also include dry bulk carriers, oil tankers, and specialized cargo ships with a total capacity of more than 55million deadweight tons. It's shipping lines cover some 160 countries. COSCO SHIPPING LINES (PHILIPPINES), INC. (CSLPI), also represents various ship owners around the world for its "TRAMP" business. . Company Profile