COSCO
China Ocean Shipping Company (COSCO) was a former shipping corporation from 1961 to 2016, owned by the State Council of the People's Republic of China, State Council of China. The company merged with China Shipping Group, China Shipping Group Company to form COSCO Shipping, China COSCO Shipping Corporation in January 2016. COSCO was founded in 1961 as a state-owned shipping and logistics services supplier company. COSCO headquarters is in Ocean Plaza in the Xicheng District in Beijing. It owns 1114 ships, including 365 dry bulk vessels, a container fleet with a capacity of , and a tanker fleet of 120 vessels. The fleet calls at over a thousand ports worldwide. It ranks among the largest in both number of Containerization, container ships and aggregate container volume in the world. In 2012, it was among China's top 15 brands. It was the largest dry bulk carrier in China and one of the largest dry bulk shipping operators worldwide. In addition, the Group is the largest li ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Cosco Vancouver
China Ocean Shipping Company (COSCO) was a former shipping corporation from 1961 to 2016, owned by the State Council of China. The company merged with China Shipping Group Company to form China COSCO Shipping Corporation in January 2016. COSCO was founded in 1961 as a state-owned shipping and logistics services supplier company. COSCO headquarters is in Ocean Plaza in the Xicheng District in Beijing. It owns 1114 ships, including 365 dry bulk vessels, a container fleet with a capacity of , and a tanker fleet of 120 vessels. The fleet calls at over a thousand ports worldwide. It ranks among the largest in both number of container ships and aggregate container volume in the world. In 2012, it was among China's top 15 brands. It was the largest dry bulk carrier in China and one of the largest dry bulk shipping operators worldwide. In addition, the Group is the largest liner carrier in China. COSCO division COSCO Shipping Port Company manages the company's port operation ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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China Shipping Group
China Shipping Group Company was a former shipping corporation from 1997 to 2016, owned by the State Council of China. The company merged with China Ocean Shipping Company to form China COSCO Shipping Corporation in January 2016. China Shipping Group was mainly engaged in shipping of oil tankers, passenger ships and container vessels. Other related businesses included ship and Terminal management, finance and investment, engineering, human resources, trading and information technology. History China Shipping Group Company was formed in 1997 by a merger of three Chinese Government owned shipping conglomerates, based in Shanghai, Guangzhou and Dalian respectively. At first the company had a net loss of RMB 680 million (in yuan) a year. The merger also made China Shipping Group became the new parent company of Hong Kong listed company China Shipping Development, at that time known as Haixing Shipping. Haixing Shipping was listed since 1994. China Shipping Group sold 19 oi ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Subsidiary
A subsidiary, subsidiary company, or daughter company is a company (law), company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidiary company. Unlike regional branches or divisions, subsidiaries are considered to be distinct entities from their parent companies; they are required to follow the laws of where they are incorporated, and they maintain their own executive leadership. Two or more subsidiaries primarily controlled by same entity/group are considered to be sister companies of each other. Subsidiaries are a common feature of modern business, and most multinational corporations organize their operations via the creation and purchase of subsidiary companies. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, and Citigroup, which have subsidiaries involved in many different Industry (e ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Containerization
Containerization is a system of intermodal freight transport using intermodal containers (also called shipping containers, or International Organization for Standardization, ISO containers). Containerization, also referred as container stuffing or container loading, is the process of unitization of cargoes in exports. Containerization is the predominant form of unitization of export cargoes today, as opposed to other systems such as the barge system or palletization. The containers have Standardization, standardized dimensions. They can be loaded and unloaded, stacked, transported efficiently over long distances, and transferred from one mode of transport to another—container ships, rail transport flatcars, and semi-trailer trucks—without being opened. The handling system is mechanized so that all handling is done with cranes and special forklift trucks. All containers are numbered and tracked using computerized systems. Containerization originated several centuries ago ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Government Agency
A government agency or state agency, sometimes an appointed commission, is a permanent or semi-permanent organization in the machinery of government (bureaucracy) that is responsible for the oversight and administration of specific functions, such as an Administration (government), administration. There is a notable variety of agency types. Although usage differs, a government agency is normally distinct both from a department or Ministry (government department), ministry, and other types of public body established by government. The functions of an agency are normally executive in character since different types of organizations (''such as commissions'') are most often constituted in an advisory role — this distinction is often blurred in practice however, it is not allowed. A government agency may be established by either a national government or a state government within a federal system. Agencies can be established by legislation or by executive powers. The autonomy, indep ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Xinhua News Agency
Xinhua News Agency (English pronunciation: ),J. C. Wells: Longman Pronunciation Dictionary, 3rd ed., for both British and American English or New China News Agency, is the official state news agency of the People's Republic of China. It is a ministry-level institution of the State Council. Founded in 1931, it is the largest media organ in China. Xinhua is a publisher, as well as a news agency; it publishes in multiple languages and is a channel for the distribution of information related to the Chinese government and the ruling Chinese Communist Party (CCP). Its headquarters in Beijing are located close to the central government's headquarters at Zhongnanhai. Xinhua tailors its pro-Chinese government message to the nuances of each international audience. The organization has faced criticism for spreading propaganda and disinformation and for criticizing people, groups, or movements critical of the Chinese government and its policies. History The predecessor to Xinhua ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Joint Communiqué On The Establishment Of Diplomatic Relations
The Joint Communiqué on the Establishment of Diplomatic Relations on January 1, 1979 was announced on December 15, 1978 (16th in China), which established official relations between the United States and the People's Republic of China (commonly called "China"). Its announcement coincided with the ending of U.S. official recognition of the Republic of China (now commonly known as "Taiwan"), which was announced by President Jimmy Carter in December 1978. Carter also announced the withdrawal of all U.S. military personnel from Taiwan and the end of the Sino-American Mutual Defense Treaty signed with the ROC. However, the Taiwan Relations Act passed by the unequivocal support of US Congress (and signed by the Carter Administration) shortly thereafter continued to provide the legal framework as a US domestic law to maintain commercial, cultural, and other relations without official Government representation and without diplomatic relations of the unofficial relations in the form of th ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Lykes Brothers Steamship Company
Lykes Bros. Steamship Co., also called Lykes Lines, was a cargo shipping company acting from the beginning of the 20th century to 2005 having its main business in the trade to and from the United States. History In 1898, the sons of Dr. Howell Tyson Lykes started a shipping business on the Gulf Coast of Florida. They used a 109-foot, 75 ton three-masted schooner to ship cattle to Cuba as a replacement for herds which were wiped out in the Spanish–American War. The tradition of naming their ships after family members dates back to that time, when this schooner was named ''Doctor Lykes'' after their father. Three years later, an office was opened in Galveston, Texas, and Lykes began offering general cargo transportation between the US Gulf and Caribbean ports. In 1922, the Lykes Bros. Steamship Co. was set up as a separate company, owned by the Lykes Brothers. The seven brothers had been trading cotton, lumber and grain for years so owning their own ships was a natural extensio ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Xicheng District
Xicheng () is a district of the city of Beijing. Its cover the western half of the old city (largely inside the 2nd Ring Road; the eastern half is Dongcheng District, Beijing, Dongcheng District), and has 1,106,214 inhabitants (2020 Census). Its List of postal codes in China, postal code is 100032. Xicheng is subdivided into 15 subdistricts of the city proper of Beijing. The former Xuanwu District, Beijing, Xuanwu District was merged into Xicheng in July 2010. The Xidan commercial district, Beijing Financial Street, Beihai Park, Jingshan Park, Shichahai, and Zhongnanhai are all within its jurisdiction. The popular Houhai bar area is also in Xicheng Precinct. Before the 1911 Revolution, most royalty and aristocrats resided in the precinct. The oldest Catholic church in Beijing, the Cathedral of the Immaculate Conception, Beijing, Cathedral of the Immaculate Conception is located in Xicheng. Administrative divisions There are 15 Subdistricts of China, subdistricts in the distr ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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International Telephone And Telegraph
ITT Inc., formerly ITT Corporation, is an American worldwide manufacturing company based in Stamford, Connecticut. The company produces specialty components for the aerospace, transportation, energy and industrial markets. ITT's three businesses include Industrial Process, Motion Technologies, and Connect and Control Technologies. ITT has over 10,000 employees in more than 35 countries and serves customers in more than 100 countries. The company's long-standing brands include Goulds Pumps, Cannon connectors, KONI shock absorbers and Enidine energy absorption components. The company was founded in 1920 as International Telephone & Telegraph. During the 1960s and 1970s, under the leadership of CEO Harold Geneen, the company rose to prominence as the archetypal conglomerate, deriving its growth from hundreds of acquisitions in diversified industries. ITT divested its telecommunications assets in 1986. In 1995, the company sold off its hospitality portfolio, including Sherato ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Federal Maritime Commission
The Federal Maritime Commission (FMC) is an independent agency of the United States government that regulates U.S. oceanborne transportation and the United States Merchant Marine. It is chaired by Louis E. Sola. History The FMC was established as an independent regulatory agency by Reorganization Plan No. 7, effective August 12, 1961. Prior to that time, the United States Federal Maritime Board was responsible for both the regulation of ocean commerce and the promotion of the United States Merchant Marine. Under the reorganization plan, the shipping laws of the U.S. were separated into two categories, regulatory and promotional. The newly created FMC was charged with the administration of the regulatory provisions of the shipping laws, while the promotional role was vested in the Maritime Administration (now part of the U.S. Department of Transportation). The passage of the Shipping Act of 1984 brought about a major deregulatory change in the regulatory regime facing ship ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |