COSCO SHIPPING Ports Ltd 2021 AR2
The report highlights COSCO SHIPPING Ports Limited's performance for the fiscal year 2021, during which the company expanded its global terminal network and deepened its lean operations. The company's total throughput grew by 4.4% year-on-year to 129.3 million TEU, and revenue increased by 20.7% to US$1,208.3 million. Key strategic achievements included acquiring a 20% stake in Red Sea Gateway Terminal and increasing its stake in Tianjin Container Terminal to 51%. On the sustainability front, the company launched its Green Finance Framework and completed shore power facility installations at its subsidiary terminals in China.
Company: COSCO SHIPPING Ports Ltd
Sector: Transport & logistics
Country: Hong Kong
Year: 2021
Type: AR2
Pages: 242
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COSCO SHIPPING Ports Ltd
Annual Report
The report highlights COSCO SHIPPING Ports Limited's performance for the fiscal year 2021, during which the company expanded its global terminal network and deepened its lean operations. The company's total throughput grew by 4.4% year-on-year to 129.3 million TEU, and revenue increased by 20.7% to US$1,208.3 million. Key strategic achievements included acquiring a 20% stake in Red Sea Gateway Terminal and increasing its stake in Tianjin Container Terminal to 51%. On the sustainability front, the company launched its Green Finance Framework and completed shore power facility installations at its subsidiary terminals in China.
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Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Net Zero Target