CSCL changes direction, to be named Cosco Shipping Development

CSCL changes direction, to be named Cosco Shipping Development

China Shipping Container Lines (CSCL) has announced that the board has proposed to change the company’s name to Cosco Shipping Development, which has been pre-approved by the State Administration of Industry and Commerce.

CSCL said it is expected to transform from a container line operator into an integrated financial services platform with leasing businesses including vessel leasing, container leasing and non-shipping leasing, and the new name will be consistent with company’s future strategic positioning, and identity as a group member of China Cosco Shipping Corporation.

Jason Jiang

Jason worked for a number of logistics firms following his English degree, then switched this hands-on experience to writing and has since become one the most prolific writers on the diverse China logistics industry writing for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week. Jason’s access to the biggest shippers with business in China has proved an invaluable source of exclusives.

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