OREANDA-NEWS. February 22, 2011. Managing Director Huang Xiaowen, together with Deputy General Manager Li Zhigang, met with Mr. Chen Jianian, Chairman & CEO of Grand Dragon, reported the press-centre of CSCL.

The two sides discussed issues to further strengthen their cooperation. Relevant from Asia Pacific Lines Division and CSCL South China also join.

China Shipping Container Lines Company Limited (“CSCL”) is the fastest growing and world leading major container shipping company with its headquarters in China. It is principally engaged in the operation and management of international as well as domestic trade lanes.

China Shipping Container Lines Co.,Ltd is a specialized corporation affiliated to China Shipping (Group) Company, involved in container liner services and other relative services as well. It Provides services to customers, in storage, transhipment, customs clearance, and other related declaration.Established in 1997 in Shanghai, CSCL has emerged as a major global player. It is currently among the top 10 container shipping company in terms of operating capacity .

As at February 2011, CSCL has a young and modern fleet that comprises 144 vessels with a total operating capacity of 517,980TEU, among which over 76 of them had capacities of over 4,000 TEU. The average age of vessels with capacity of more than 4,000 TEU is 5.49 years which occupied 84.3% of the whole operating capacity. Such a young and energetic fleet provides CSCL with additional competitive advantage to stay at the industry forefront.

China shipping Container Lines Co.,Ltd now is operating dozens of domestic coastal routes and international container liner services from China to Japan, Korea, Southeast Asia, Australia, Europe, Mediterranean, America, West Africa and Persian Gulf . With 16 vessels in operation, China Shipping's Far East-North America lines cover 8 base ports and over 40 inland points of North America. The company has formed a net work covering the main ports of China, Japan, Korea, Southeast Asia. Its Far East-Europe/Mediterranean line is now serving almost all china base ports, with big capacity as compared with other carriers is also a dominant player in China with a share of over 50% in a significant number of domestic ports. Its domestic market share in certain ports is as high as 80%-90%.

The domestic coastal transportation is covering more than 30 ports from South China to North China, providing most economic, efficient and rapid service to every customer and we play as a leading role in china domestic transportation.