Preview

A Research of a Leading Marine Transportation Industry of China

Good Essays
Open Document
Open Document
1023 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
A Research of a Leading Marine Transportation Industry of China
A research of a leading Marine Transportation industry of china
Introduction:
Through my learning experiences of the supply chain classes, I am truly interested in the topic of Global Transportation Options, especially for the Ocean Transportation. Therefore, I supposed to display and interpret how is this kind of industries works and some related parts through a research of the leading marine transportation company-China Ocean Shipping (Group) Company. This paper manly focused on ocean transportation which is the mainly form in global business, though it seems more time-consuming comparing to other channel of transportation such as air, however, its low cost, huge loading capacity and natural facilitate makes it become more popular in global transportation. In addition, the ocean transportation firms ought to be tied up with Ports as well as be defined as a Third Party logistic partners.
China Ocean Shipping (Group) Co. (COSCO) is one of the largest liner shipping companies serving companies all over the world. It is a government-owned company. Founded in April 1961 with a registered capital of 1.9 billion Yuan in Beijing, COSCO is now a 116-billion-yuan corporation specializing in shipping and modern logistics. COSCO has six listed companies and more than 300 subsidiaries providing services in: freight forwarding, ship building, ship repairing, terminal operations, container manufacturing, trade, financing, real estate, and information technologies. COSCO ranks sixth largest in number of container ships and ninth largest in aggregate container volume in the world; they are shuttling to 1,300 ports in more than 160 countries around the world.
Research content: COSCO has formed a global structure with Beijing as the center, 9 regional companies in Hong Kong, America, Europe, Singapore, Japan, Australia, Korea, West Asia and Africa as the radiation points. COSCO Group established COSCO Network Ltd. in order to construct an "Innovative


References: http://companies.china.org.cn/trade/company/230.html http://www2.cosconetwork.com/company/company_01_e.htm http://www.china.org.cn/business/2012-11/06/content_27018670.htm http://www.cosco.com/gc_report/gc_report2011/web-en/a/1-2.html
Continue Reading
View Writing Issues

You May Also Find These Documents Helpful

  • Powerful Essays

    geo 225 notes
    • 2161 Words
    • 9 Pages

    geo 225 notes

    Annual global trade estimated at 150 million TEUs “Invented” in 1956 The largest container ships 1995-1998 4,000 to 8000 TEUs 2003- 2006 8000 to 12,000 TEUs 2013 18,000 TEUs Emma Maersk Built in Denmark Capacity of 11000 TEU “Post- Panama” vessel Crew of 13 Dubbed “SS Santa” in December 2006 for hauling goods from China to US Voyage of the “ SS Santa” Left the port of Shenzhen china Export 30000 containers per day Global nature of trade Scale of the global economy An uneven ‘global’ economy 26% of all containers start 01-23-14 Thur. World’s busiest container ports?…

    • 2161 Words
    • 9 Pages
    Powerful Essays
    Read More
  • Good Essays

    Summary Of But What Do You Mean By Deborah Tannen
    • 402 Words
    • 2 Pages

    Summary Of But What Do You Mean By Deborah Tannen

    “But What do You Mean?” is an excerpt from Deborah Tannen’s book Talking from 9 to 5 for Redbook Magazine. Tannen begins by explaining the simple business communications that ensue between people and the different ways simple business communications are interpreted by men and women. Women seem to take others feelings into consideration when speaking with them, whereas men want to one-up their position or maintain their position. These differences are divided into seven areas of miscommunication. The seven areas are: apologies, criticism, thank-yous, fighting, praise, complaints and jokes.…

    • 402 Words
    • 2 Pages
    Good Essays
    Read More
  • Good Essays

    Variable Cost and Large Vessel
    • 1045 Words
    • 6 Pages

    Variable Cost and Large Vessel

    The purpose of this paper is to analyze the economic situation of the company Macedonian Shipping and give a recommendation whether the company should use the motor vessel Tashtego as a freight tender beween Dar-es-Salaam and Zanzibar in East Africa or as a tapioca ship between Balik Papan and Singapore in the East Indies.…

    • 1045 Words
    • 6 Pages
    Good Essays
    Read More
  • Good Essays

    How Have Transport Improvements Helped Build a More Interconnected World
    • 610 Words
    • 3 Pages

    How Have Transport Improvements Helped Build a More Interconnected World

    One of the main ‘flows’ on transport, are goods (food, objects) that will be traded with other countries. The main improvement that has taken place in recent times is the creation of the freight transport, containerization. These containers can be loaded and unloaded, stacked, transported efficiently over long distances, and transferred from one mode of transport to another—container ships, rail and semi-trailer trucks—without being opened. The system, developed after World War II, led to greatly reduced transport costs, and supported a vast increase in international trade. Because of this increase in trade, containerization has help build a more interconnected world. Better relations are built and more trade is available to ship via this improvement in transport.…

    • 610 Words
    • 3 Pages
    Good Essays
    Read More
  • Satisfactory Essays

    Ocean Carriers
    • 996 Words
    • 4 Pages

    Ocean Carriers

    Ocean Carriers Inc. A Case Study By ab Introduction • Ocean Carriers Inc. owned and operated cape-size dry bulk carriers worldwide. • Major Cargo type : Iron ore. • Vessel sizes : 80000 DWT to 210000 DWT.…

    • 996 Words
    • 4 Pages
    Satisfactory Essays
    Read More
  • Good Essays

    Military Culture Essay
    • 1972 Words
    • 8 Pages

    Military Culture Essay

    Yes I do believe that the military will be excepting of a culture changes. The culture of the military is forever going to be changing. It may not be as great as desegregation, woman’s rights, or as great as the LGBT movement. The world is changing and if you do not change with it you fall behind. I think the military is more open to change now than it was back in war ll. I do believe the military we able to handle the culture changes that it counters in the present and future. Because of what we've learned with in our own country. This will benefit us when learning other cultures around the world. We have never fight a war in our own country. So we should be open to new cultures if we are going to be in other countries. So times I think that the United States thinks it’s the only country in the world and that other people do not matter. Life outside the states if very different and uncommon to us. If we do not know their culture then how are we to understand who they are, what they believe in and why are they are fighting. This will help the goal of the military if the soldiers are well educated in the culture that they are fighting against. In many of the videos we watched in class a number of times the soldiers were talking to the local people. This is where I think educating the soldiers really…

    • 1972 Words
    • 8 Pages
    Good Essays
    Read More
  • Best Essays

    Indian Ocean Trade
    • 2183 Words
    • 9 Pages

    Indian Ocean Trade

    The Indian Ocean, considered the third largest ocean, is located between Australia and Antarctica. This Ocean is a major sea lane connecting the Middle East, East Asia and Africa with Europe and the Americas. The Ocean is essential because of its location. The location helps to boast the production of trade global around the world. It is rich with resources such as natural oil and marine life. The ships that travel the ocean contain over half the world’s international trade cargo and shipment. The trade system is the way of life for people all over the world. It is the way we operated day to day activity.…

    • 2183 Words
    • 9 Pages
    Best Essays
    Read More
  • Satisfactory Essays

    Case 2.1: Senco Electronics Company
    • 272 Words
    • 2 Pages

    Case 2.1: Senco Electronics Company

    If the initial choice of transportation is air, I would recommend that an ocean freight company is lined up for the future when the demand grows. This is due to the fact that in the long run it would be much cheaper to have all merchandise transported by ocean versus air. Additional…

    • 272 Words
    • 2 Pages
    Satisfactory Essays
    Read More
  • Good Essays

    Drought Hits Shippers on Great Lakes
    • 343 Words
    • 2 Pages

    Drought Hits Shippers on Great Lakes

    The shipment size decision is difficult to analyze and to model because of the lack of data. Trade-off between shipment size and operations flexibility depends on key factors: commodity, size and weight, distance, value, desired travel time, costs and service level requirements. In regard to bulk deliveries of items such as iron, steel, cotton, wheat between two destinations – negative effect is observed on large carriers whose logistics dictate to charge clients on “per weight” basis. With each inch of lower water at ports, those carriers lower loads by 1200-1500 tons, which is substantial blow to their earnings and ability to make a delivery in one transaction. This is also not cost-effective from operational perspective – with fuel, labor, HR, insurance cost doubling if another trip is necessary. However, with less weight on the vessel: the speed of delivery, loading, offloading, and insurance cost taken all decrease, thus having a positive effect on the triple bottom line.…

    • 343 Words
    • 2 Pages
    Good Essays
    Read More
  • Satisfactory Essays

    Meli Marine Case Study Strategy Analysis
    • 975 Words
    • 6 Pages

    Meli Marine Case Study Strategy Analysis

    • Global commerce trade is primarly dependent on trans-ocean shipping; roughly 90% of general cargo is shipped via container Based on the container shipping value chain, there are several segments to expand and integrate the business and enter the market. This would provide benefit of business diversification hence decreasing risks According to the volume of growth of shipping lanes (Exhibit 6), every lane has steadily increased during the last years and is expected to grow further in the future…

    • 975 Words
    • 6 Pages
    Satisfactory Essays
    Read More
  • Best Essays

    Assignment 1 Prep
    • 2896 Words
    • 9 Pages

    Assignment 1 Prep

    Tesco, a large public limited company that serves in 12 different countries (examples include India, Malaysia, Poland and China) employing over 500,000 employees in 7,599 stores (including franchises) and a turnover of £63,557million. Tesco serve a purpose of providing general merchandise, clothing, food, electronics etc. Tesco provides services such as banking, insurance, mobile phone service, opticians and much more.…

    • 2896 Words
    • 9 Pages
    Best Essays
    Read More
  • Good Essays

    Albertus Camus
    • 1561 Words
    • 7 Pages

    Albertus Camus

    Looking at some of the great philosophers that have asked many of life’s greatest questions and lived their life looking for answers to these deep questions, without a doubt Albertus Camus would be considered one of the more well know philosophers. Albertus Camus’ was best know for his thoughts on absurdity and its existence and more importantly how people live with this idea. Some of the main points that I’m going to highlight about Albertus’ thoughts on absurdity are how people deal with this absurdity, how philosophers address this thought and lastly how can it be affirmed or understood in this world. Albertus Camus uses the book of Myth of Sisyphus to explain main key concepts and points that he makes during his meditations.…

    • 1561 Words
    • 7 Pages
    Good Essays
    Read More
  • Powerful Essays

    Dubai Port Case
    • 1233 Words
    • 5 Pages

    Dubai Port Case

    Around 90% of world trade is carried by the international shipping industry. Without shipping the import and export of goods on the scale necessary for the modern world would not be possible. The international shipping industry transported 6.2 billion tones of cargo in 2003, with a fleet of 26,280 deep sea cargo ships. Poor and inefficient port handling services have become one of the main causes of inefficient logistics in shipping industry. Such as poor communication, inaccurate paperwork, or inefficient port operation, upset shipping lines greatly.…

    • 1233 Words
    • 5 Pages
    Powerful Essays
    Read More
  • Powerful Essays

    Seaborne Energy Business 2030
    • 2747 Words
    • 11 Pages

    Seaborne Energy Business 2030

    Energy commodity trade play a very important role in the world seaborne trade. There are two most significant commodities in the seaborne energy transport business that currently have major contribution to the world seaborne trade, which are crude oil and coal. BP (2012) stated that in 2011 global oil consumption has increased 0.7 per cent to reach 88 million BOPD. Despite the fact that the consumption is not picturing a significant amount of growth, according to UNCTAD (2012), in the same period crude oil load capacity reached 1.8 billion tons and has an account for approximately one third of the total world seaborne trade.…

    • 2747 Words
    • 11 Pages
    Powerful Essays
    Read More
  • Better Essays

    Indo transport
    • 1482 Words
    • 6 Pages

    Indo transport

    There are four unconnected railway networks in Java and Sumatra dedicated primarily to transport bulk commodities and long-distance passenger traffic. Sea transport is extremely important for economic integration and for domestic and foreign trade. It is well developed, with each of the major islands having at least one significant port city.…

    • 1482 Words
    • 6 Pages
    Better Essays
    Read More

Related Topics