COSCO SHIPPING International (Singapore) Co., Ltd. (the "Company") is focused on building our core strengths and businesses as well as a diversified business platform and pursuing new opportunities to ensure sustainable growth.
The Company aims to become one of the leading integrated logistics service providers in South and Southeast Asia. We are also involved in dry bulk shipping, ship repair and marine engineering as well as property management through various subsidiaries.
Cogent Holdings Pte. Ltd. ("Cogent"), a wholly-owned subsidiary acquired in 2018 has a broad based clientele ranging from local SMEs to multinational companies. As the owner of one of Singapore's largest one-stop integrated logistics centres, Cogent 1.Logistics Hub, Cogent's main businesses comprise of warehousing, container depot, automotive logistics, transportation and property management in Singapore. It also operates container haulage, freight forwarding, container depot and warehousing in Malaysia.
The Company has also acquired 40% of PT Ocean Global Shipping Logistics in 2018, an Indonesian shipping logistics company which specialises in logistic services, freight forwarding, ship agency, bunkering and container depot services.
COSCO SHIPPING (Singapore) Pte. Ltd., a wholly-owned subsidiary of the Company is involved in bulk shipping and is mainly focused on voyage charter and time charter.
Through the subsidiary of the Company, COSCO Marine Engineering (Singapore) Pte Ltd, the Company is also involved in ship repair and marine engineering.
Cogent has redeveloped and transformed the former Turf Club, a 1 million square foot state-property into a vibrant lifestyle hub named The Grandstand. Harington Property Pte Ltd, a wholly-owned subsidiary of the Company also provides property management services.
The Company will continue to expand its logistical networks through strategic acquisitions and investments as it continues to build a regional logistics integrated network in the South and Southeast Asian region. The Company will also tap on our competitive advantages to actively build a diversified business platform.
The Company is ultimately controlled by China COSCO SHIPPING Corporation Limited (the "Parent Company"), a state-owned enterprise established in the People's Republic of China ("PRC").