China Shipping Container Lines

China Shipping Container Lines

China Shipping Container Lines is the world’s eighth-largest container shipping company, with a fleet that comprises of 148 vessels with a total operating capacity of more than 610,000 TEUs. Established in Shanghai in 1997, the shipping line is present in more than 100 countries around the world.

CSCL, which is affiliated with China Shipping Company, posted revenue of RMB 15.5 billion in 2013 — up 3.5 percent from the previous year. The company recorded a net loss of RMB 1.26 billion, down 1.8 percent from the previous year’s net loss of RMB 1.28 billion.

CSCL was the 15th-ranked container carrier in U.S. containerized import trade in 2013, with volume of 611,666 TEUs, up 1.7 percent year-over-year, giving it market share of 3.4 percent. It was No. 18 in U.S. containerized export trade in 2013, with volume of 273,061 TEUs, up 1.2 percent year-over-year and market share of 2.1 percent. For more carrier rankings see the JOC’s Top 40 Container Carriers special topic.

23 Sep 2014
CMA CGM, China Shipping Container Lines, OOCL and PIL plan to launch a new joint service connecting Northeast Asia, Australia and New Zealand in early November.
Malik al Ashtar container ship of UASC
09 Sep 2014
CMA CGM, China Shipping Container Lines and United Arab Shipping Co. today ended weeks of feverish speculation by unveiling the "Ocean Three" alliance that will operate some of the world’s biggest container vessels on the major east-west liner trade routes.
China Shipping container ship
08 Sep 2014
The three container lines planning to link up in a new vessel sharing agreement — CMA CGM, United Arab Shipping Co. and China Shipping Container Line — will initially operate 18 separate services covering the four major east-west trades, sources say.
UASC container ship
07 Sep 2014
CMA CGM, United Arab Shipping Co. and China Shipping Container Line will soon announce the formation of a new east-west vessel-sharing agreement, according to industry sources reached and news reports circulating Friday.
Weekly wrap-up: Top 50 container ports, carrier earnings and congestion
06 Sep 2014
Three container lines that have yet to declare their allegiance to an east-west alliance — CMA CGM, United Arab Shipping Co. and China Shipping Container Line — will soon announce...
03 Sep 2014
A new five-year plan aimed at developing China’s shipping industry could help Chinese container lines and ports become more competitive.
28 Aug 2014
China Shipping Container Lines drifted into positive territory in the first half as a gain from one-time asset sales offset high costs and stubbornly weak freight rates that are troubling the liner industry.
24 Aug 2014
Carriers in the east-west head-haul trades may opt to cancel fewer sailings this year in response to reduced volumes of China during the country’s Golden Week holiday in early October.
Weekly wrap-up for Aug. 23, 2014
23 Aug 2014
In the latest instance of drayage-related disruption, violence flared at Ningbo’s Beilun Container Port as thousands of striking truck drivers clashed with riot police and smashed the windshields of trucks crossing a picket line. The past week’s protests brought the world’s sixth-largest container port to a standstill, with carriers reportedly diverting ships.
22 Aug 2014
CMA CGM, China Shipping Container Lines, Orient Overseas Container Lines and Pacific International Lines have plans to launch a joint service connecting Northeast Asia, Australia and New Zealand.
19 Aug 2014
The findings of a Chinese Ministry of Transport probe into rate filing by container lines and NVOCCs in the China-Japan market are expected to be released shortly. The case is being watched closely by foreign carriers to see whether China applies the same standard to its own carriers as it did to the erstwhile P3 Network.
21 Jul 2014
China Shipping has injected $300 million into its wholly owned subsidiary China Shipping Container Lines (CSCL