About COSCO Shipping
COSCO Shipping, a Shanghai-based state-owned multinational, emerged as a dominant force in global marine transportation after the successful merger of COSCO Group and China Shipping Group in January 2016. With an innovative and collaborative spirit, the company has woven itself into the fabric of international trade, defining the modern era of maritime commerce.
COSCO Shipping Experiences Positive Growth in Indonesia
1986
The company's journey began as COSCO General Agency which focused on specializing in export shipments of plywood and rubber for Breakbulk vessels.
1991
Within five years, COSCO Agency successfully expanded its business, transitioning into a reputable container shipping company.
1994
COSCO Group embarked on a joint venture with GPI to focus on developing the container shipping business which eventually succeeded in launching PT Ocean Global Shipping.
1998
In this year, another joint venture with China Shipping, the second-largest shipping group in China, was also established, marking a pivotal milestone in COSCO Group's development.
2009
In order to strengthen cooperation between Indonesia and China, COSCO Group has expanded its business into dry bulk shipping development under COSCO Bulk in collaboration with GPI. The launching of this collaboration was attended by Mr. Sumadi Kusuma (CEO of GPI Group), Mr. Zhang Fu Sheng (Secretary of Party Committee & Excecutive VP Cosco Group), Jusman S. Djamal (Minister of Transportation), and Madam Zhang Qiyue (Ambassador of China).
2016
With a commitment to executing the "One Belt One Road Initiative", COSCO Group and China Shipping cooperatively merged, forming a new entity known as COSCO Shipping.
Company Achievements
GPI Receives Prestigious Best Partner Award from COSCO Shipping
In appreciation for over 30 years commitment to the development of COSCO shipping business in Indonesia, GPI was honored with the Best Partner COSCO SHIPPING award. The accolade was presented by Mr. Huang Xiaowen, Vice Chairman/Executive Director of COSCO Shipping Holdings, to Mr. Sumadi Kusuma, President/CEO of Global Putra International Group, at the COSCO SHIPPING Lines Global Convention in December 2018 in Shanghai.