Ningbo Ocean Shipping Co., Ltd.
Summary
Revenue :
000,000 M USD
Finance :
000,000 M USD
Earning Cap :
000,000 M USD
Invest :
000,000 M USD
R & D :
0000 People
Growth :
00% AGR
DIGDAL CAP
Overview
| General Introduction | Ningbo Ocean Shipping Co., Ltd. (stock abbreviation: Ningbo Ocean Shipping stock code: 601022) was established in 1992, with a registered capital of 1.308 billion yuan. It is a holding subsidiary of Ningbo Zhoushan Port Co., Ltd., specializing in the operation of container liner routes across the Taiwan Strait, China Japan, China South Korea, Southeast Asia, as well as domestic container public internal support, domestic trade routes, domestic bulk cargo transportation, and transportation auxiliary services. Ningbo COSCO actively grasps market trends, adheres to the business strategy of stable operation and scientific development, and has accumulated strong development strength. On December 8, 2022, it successfully landed on the main board of the Shanghai Stock Exchange and became the first domestic port and shipping company to be listed under the "A split A" policy. The company has four main development advantages. 1. Advantages of a Perfect Route System: Ningbo Ocean Shipping has been established for nearly 30 years and currently operates 32 container liner routes with an average of 132 weekly flights. It has established an internal trade network connecting 38 ports along the north and south coasts and the Yangtze River, as well as a route network covering Japan, South Korea, Taiwan, and Southeast Asia. With the Ningbo port as the core, it has created a route system that radiates to the near sea, coastal, and inland areas. 2. Superior location advantage: Ningbo Ocean Shipping is located in Ningbo, and its core port, Ningbo Zhoushan Port, has been ranked first in the world in terms of throughput for twelve consecutive years. Ningbo Zhoushan Port is an important container ocean trunk port in mainland China, an important iron ore and crude oil transfer base, and one of the main hub ports of the country. It is also the intersection of the "Silk Road Economic Belt" and the "21st Century Maritime Silk Road" in the new era, and an important component of the "Yangtze River Economic Belt". The port has gathered global first tier shipping companies, effectively ensuring a huge supply of goods. 3. Fleet size advantage that matches the capacity of the route. Ningbo Ocean Shipping is the largest container liner enterprise in Zhejiang Province. As of March 2023, it ranks 5th in the capacity ranking of mainland China's container liner companies and 29th in the world's top 100 container liner companies. Currently, Ningbo Ocean Shipping operates a total of 87 ships with a total capacity of 1.223 million deadweight tons/67000 TEU container capacity. Among them, there are 40 self owned ships with a capacity of 696300 deadweight tons/35000 standard containers, forming a comprehensive fleet of 3000 to 40000 ton container ships that complement each other and retain a certain number of (8) bulk cargo ships. The fleet size is moderate and highly matched with the demand and development of route capacity, ensuring the stability of flight operation schedules. 4. Good brand image: After nearly 30 years of intensive cultivation in the industry, Ningbo COSCO has accumulated extensive recognition and a good brand image among customers, and has formed a standard and complete service process system. After nearly thirty years of development, we have established good partnerships with well-known domestic and foreign enterprises, providing customers with comprehensive services and gaining recognition from them. |
| Headquarter | Ningbo |
| Establish Date | 7/14/1992 |
| Listed Code | 601022.SH |
| Listed Date | 12/8/2022 |
| Chairman | Xu Zongquan. |
| CEO | Chen Xiaofeng. |
| Website | www.nbosco.com |
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