COSCO SHIPPING Ports Ltd 2019 AR2
The report highlights COSCO SHIPPING Ports Limited's operational and financial performance for the fiscal year 2019, during which it became the largest container terminal operator worldwide. The company expanded its global terminal network by completing the acquisition of a 60% equity interest in CSP Chancay Terminal in Peru and launching the Navis N4 system at multiple terminals to enhance operational efficiency. Additionally, the company advanced its green development initiatives, implementing 'diesel-to-electric' conversions and shore power facilities to reduce emissions. Despite macroeconomic challenges, the company achieved a 5.5% increase in total throughput, reaching over 123 million TEU.
Company: COSCO SHIPPING Ports Ltd
Sector: Transport & logistics
Country: Hong Kong
Year: 2019
Type: AR2
Pages: 241
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COSCO SHIPPING Ports Ltd
Annual Report
The report highlights COSCO SHIPPING Ports Limited's operational and financial performance for the fiscal year 2019, during which it became the largest container terminal operator worldwide. The company expanded its global terminal network by completing the acquisition of a 60% equity interest in CSP Chancay Terminal in Peru and launching the Navis N4 system at multiple terminals to enhance operational efficiency. Additionally, the company advanced its green development initiatives, implementing 'diesel-to-electric' conversions and shore power facilities to reduce emissions. Despite macroeconomic challenges, the company achieved a 5.5% increase in total throughput, reaching over 123 million TEU.
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Document Details
Report Year
2019
Reporting Period
Jan 1, 2019 - Dec 31, 2019
Fiscal Year
2019
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board