Company Profile
COSCO SHIPPING Energy Transportation Co., Ltd., an investment holding company provides the transportation of oil and liquefied natural gas (LNG) in People's Republic of China and globally. It is involved in chartering of vessels.
Its portfolio also includes shipment of liquefied petroleum gas, and provision of shipping agency services. As of December 31, 2025, the company owned 155 oil tankers with a total capacity of 22.576 million deadweight tons (DWT).
Its portfolio also includes 18 tankers under construction awaiting delivery, with a total deadweight tonnage of 2.961 million tons, 6 bareboat chartered VLCCs awaiting delivery, with a total deadweight tonnage of 1.842 million tons
Invested in 87 LNG vessels, which includes 63 LNG vessels with a capacity of 10.662 million cubic meters, 24 LNG vessels under construction awaiting delivery with a capacity of 4.375 million cubic meters, and one bareboat chartered LNG vessel with a capacity of 174,000 cubic meters, and 1 bareboat charter ship with a capacity of 174, 000 cubic meters.
Founded in 1994 and based in Shanghai, the People's Republic of China, COSCO SHIPPING Energy Transportation was formerly known as China Shipping Development Company Limited before rebranding in October 2016.