CSCL has emerged as a major global player in seven years. It is currently ranked as the worldĄŻs 10th largest container shipping co***ny in terms of operating capacity.
As at 30 April 2004, CSCL has a young and modern fleet that comprises 113 vessels with a total operating capacity of 215,691 TEU, among which 25 of them had capacities of over 4,000 TEU. The average age of vessels with capacity of more than 4,000 TEU is 1.6 years. 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 owns a fleet of more than 113 vessels with a total capacity of over 215691 TEUS, and is operating dozens of domestic coastal routes and international container liner services from China to Japan, Korea, Southeast Asia, Australia, Europe, Mediterranean, North 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 co***ny has formed a network covering the main ports of China, Japan, Korea, and Southeast Asia. Its Far East-Europe/Mediterranean line is now serving almost all china base ports; with big capacity as co***red 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%.
With Near six years' optimizing the structure of owned service lines, especially with the delivery and usage of the new built vessels, CSCL gradually forms the main force of a fleet of more than 4100 TEU's capacity container carried vessels, and at the same time CSCL also emphasizes on perfecting the service lines structure, adjusting the devotion of motion capacity and modernizing the fleet. Through these efforts our total ***ce is predicted to rise to 300 thousand TEUs by the year of 2004. The delivery of new-built vessels in the following two years, especially the delivery of 8500 TEUs ca
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