- CEO
- Mai Jin Zhu
- Full Time Employees
- 7,979
- Sector
- Transportation
- Industry
- Marine shipping
- Address
- 670 Dongdaming Road Shanghai SH China 200080
- IPO Date
- Nov 11, 1994
- Business
- COSCO SHIPPING Energy Transportation Co., Ltd. COSCO SHIPPING Energy Transportation Co., Ltd. (600026.SS) operates as a leading global provider of energy transportation services, primarily engaged in the maritime shipping of crude oil, refined oil products, liquefied natural gas (LNG), liquefied petroleum gas (LPG), and chemicals; its fleet, which ranks first worldwide in tanker capacity, encompasses all mainstream tanker types including very large crude carriers (VLCCs), and supports spot market chartering, time chartering, contracts of affreightment, and comprehensive logistics solutions linking domestic and international trade routes across more than 300 ports serving over 200 customers. Headquartered in Shanghai's Hongkou District and established on June 6, 2016, following the merger of China Ocean Shipping Company and China Shipping Company's energy transportation assets, the company functions as a subsidiary of China COSCO SHIPPING Corporation Limited China COSCO Shipping Corporation Limited and maintains a strong presence in key energy markets, particularly Asia-Pacific, the Middle East, Australia, Papua New Guinea, Russia, and global trade lanes in both hemispheres, with subsidiaries such as COSCO SHIPPING LNG Investment (Shanghai) Co., Ltd. and a 50% stake in China LNG Shipping (Holdings) Limited driving its LNG operations. In recent developments, the company ordered six methanol-fuelled tankers from COSCO SHIPPING Heavy Industry in December 2024 to advance its decarbonization efforts; signed a construction contract in November 2025 with Dalian Shipbuilding Industry and China Shipbuilding Trading for six 307,000-deadweight-ton VLCCs; completed a non-public issuance of A shares in March 2020 raising RMB5.1 billion for capacity expansion; implemented vessel management reforms in 2019 for unified fleet operations; and issued new A shares to specific investors in October 2025, successfully raising funds while expanding its VLCC fleet through bareboat charters.