COSCO (LIANYUNGANG) SHIPYARD CO., LTD

Lianyungang Ocean Shipping Co., Ltd. (COSCO Lianyungang), one of the subsidiaries of China Ocean Shipping (Group) Company, is a large and specialized international bulk cargo shipping company. Except the shipping business, the company covers a variety in industrial machinery manufacturing, ship managing, ship repairing, ship supplying, ship and cargo agency, crew manning, catering etc. The company was established in April, 1991, with the registered capital 40 million yuan and total assets 34781 yuan. Now it has become one of the largest ocean shipping companies in northern Jiangsu of China, owning or controlling several dry bulk cargo ship in large-scale, boasting a total shipping capacity of over 300,000 tons. On December 19, 2007, with the pace of COSCO's listing, the conpany restructured and went forward to a new stage. 　　Since its establishment more than twenty years before, under the leadership of COSCO Group, COSCO Lianyungang has developed rapidly, its profit reaching a new height year by year. It has won a high reputation in Lianyungang region and port, being awarded frequently by Lianyungang government and COSCO group. 　　The ships of company operate the business in the global lines with dry bulk cargo. At the same time, ship chartering in variety, COA and other business are in field. The company always adheres to the policy of serving for customers and returning to partners by providing faithful service to them and has maintained good cooperative relationship with customers both at home and abroad. Taking as the guideline ensuring safety, protecting environment, and guaranteeing health, the company has established and perfected its quality and safety management system. 　　While the ocean shipping is rapidly developed as the main business, the company also puts much focus on land business to become a large comprehensive enterprise. Now the company has six subsidiary companies on land, which are Lianyungang Ocean Liquid Loading&Unloading Machine Co., Ltd., Lianyungang Ocean Shipping Shipyard Co., Ltd., Lianyungang Ocean Shipping Agency Company, Lianyungang Ocean Shipping Supply Company, Lianyungang Ocean Shipping Crew Manning Company, Lianyungang Ocean Hotel and the business field includes industrial products manufacturing, ship managing, shipyard, ship and cargo agency, crew manning and catering. Now the company has a new ship supply center of 13,900 square meters with a bonded warehouse, which is providing high-quality service in marine store, paint, lubricant, spare parts, and meals and now has become the first big-scale supply center in northern Jiangsu and southern Shandong of China. The core subsidiary company, named Lianyungang Ocean Liquid Loading&Unloading Co., Ltd. has become the leading company in such field and spreading her business abroad. 　　Arouse our all effort with innovation and enthusiasm, we believe, in the future, regarding "meeting customers' satisfaction" as criterion, according to market requirements, meeting the new challenge, the company is willing to join hands with friends from all circles of life to create a more brilliant future for shipping career.