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1138 on Hong Kong Stock Exchange

COSCO SHIPPING Energy Transportation Co., Ltd.

Logo: Salami slicer, Public domain, via Wikimedia Commons4

Chinese shipping company

COSCO Shipping Energy Transportation Co., Ltd., stylized as COSCO SHIPPING Energy, is a Chinese oil tanker shipping company with its headquarters in Hongkou District, Shanghai. The company transports crude oil, LNG, and LPG. It is a subsidiary of COSCO Shipping.2 It is part of China Shipping Group.1 Its shares trade on Hong Kong Stock Exchange under the symbol 1138.1 Wikipedia text CC BY-SA 4.0

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Last updated Oct 21, 2026.

Overview

1994Founded1

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  • Ticker1138 on Hong Kong Stock Exchange1
  • Industrylogistics1
  • HeadquartersShanghai1
  • Websiteenergy.coscoshipping.com
  • Legal formjoint-stock company1
  • Listed onHong Kong Stock Exchange (1138), Shanghai Stock Exchange (600026)1
  • LEI529900IGB8FVHRCR1W953
  • StatusActive3
  • LEI statusLapsed (not renewed)3
  • Registered addressSuite A-1015, No. 118 Yuanshen Road, 200120 Shanghai, China3
  • Registered withState Administration for Market Regulation, 91310000132212734C3

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COSCO Shipping Energy Transportation Co., Ltd., stylized as COSCO SHIPPING Energy, is a Chinese oil tanker shipping company with its headquarters in Hongkou District, Shanghai. The company transports crude oil, LNG, and LPG. It is a subsidiary of COSCO Shipping. It is the world's largest oil tanker shipping company in terms of fleet capacity.2

Corporate structure

COSCO SHIPPING Energy Transportation Co., Ltd. is part of a group headed by China COSCO Shipping. 9 entities, 2 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries, stakes and holdings from Wikidata (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

The story

The company was established by Shanghai Shipping Group as Shanghai Haixing Shipping Co., Ltd in May 1994. Haixing Shipping issued 1.08 billion H shares and was listed on the Stock Exchange of Hong Kong (SEHK) in November 1994. It quickly became the largest carrier of coal and crude in East China.

On July 1, 1997, China Shipping Group was founded in Shanghai to hold all the shares of Haixing Shipping's parent, Shanghai Shipping Group, along with the shares of Guangzhou Shipping Group and Dalian Shipping Group. On July 18, 1997, China Shipping agreed to acquire all the "legal person shares" (Chinese: 法人股; Chinese regulatory terminology) of Haixing Shipping from Shanghai Shipping Group. As a result, China Shipping Group became the controlling shareholder of Haixing Shipping. In December 1997, Haixing Shipping changed its name to China Shipping Development Co. Ltd.

The main business focus of China Shipping Development was bulk cargo shipping, specifically oil shipping. In 2006, the company acquired 42 bulk carrier ships and became one of the largest oil shipping companies in the Far East. In 2007, the company ordered 16 VLOC ships to transport iron ore imports. In 2009, China Shipping Development acquired China Shipping LNG Investment Company Limited from China Shipping Group. Then, China Shipping Development along with MOL established joint ventures with Sinopec and PetroChina to transport LNG. The joint venture companies ordered a total of 10 LNG vessels in July 2011 and April 2013, of which 6 vessels are owned by China Shipping Development.

In August 2012, China Shipping Development established a subsidiary, China Shipping Bulk Carrier Company Limited, to handle all its dry bulk business.

In 2016, China Shipping Development's parent company, China Shipping Group, completed a merger with COSCO Group. As part of the merger China Shipping Development sold 100% equity interest of its subsidiary China Shipping Bulk Carrier Co. to the newly formed China COSCO Bulk Shipping Co. Meanwhile, China Shipping Development acquired 100% equity interest of tanker shipping company Dalian Ocean Shipping Co. from COSCO Group. As a result, China Shipping Development was renamed to COSCO SHIPPING Energy Transportation, and became focused solely on oil and LNG shipping.

COSCO SHIPPING Energy became the world's largest oil tanker fleet, with 105 oil tanker ships totaling 17.04 million DWT.

From Wikipedia’s article on COSCO Shipping Energy, shared under CC BY-SA 4.0.5

Products and brands

  • oil tanker

Listed on Wikidata.1

Subsidiaries and ownership

Parent company

Owners

From Wikidata.1

Timeline

  1. May 23, 2002Went public Listed on Shanghai Stock Exchange1
  2. Nov 11, 1994Went public Listed on Hong Kong Stock Exchange1
  3. 1994Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

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