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.