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CSCL changes direction, to be named Cosco Shipping Development

CSCL changes direction, to be named Cosco Shipping Development

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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.

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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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