COSCO Shipping Development (CSD), the affiliated tonnage provider to COSCO Ship Holdings (CSH), will acquire four of the latter’s container-manufacturing subsidiaries, in order to expand its own container leasing business.
Formerly known as China Shipping Container Lines, CSD assumed its current name and scope after the COSCO and China Shipping groups merged in 2015.
In a filing to the Shanghai Stock Exchange on 13 January 2021, CSD said that it will fully acquire Dong Fang International...
https://container-news.com/cosco-shipping-development-acquires-affiliates-container-business/