COSCO SHIPPING International (Singapore) Co., Ltd. (the "Company"), along with its subsidiaries (referred to as the "Group"), aspires to establish itself as a leading integrated logistics service provider with a significant footprint in both South and Southeast Asia.
One of our notable subsidiaries, Cogent Holdings Pte. Ltd. ("Cogent"), which we acquired in 2018, takes pride in serving a diverse clientele, ranging from local SMEs to multinational corporations. As the owner of Cogent Logistics Hub, Singapore's largest one-stop integrated logistics hub, its core operations encompass warehousing, container depot services, automotive logistics, transportation, and property management within Singapore.
To align with our expansion goals of fostering collaborative relationships within the region's logistics landscape, Cogent oversees all subsidiaries in Malaysia through its wholly-owned subsidiary, SH Cogent Logistics Pte Ltd. These subsidiaries include SH Cogent Logistics Sdn. Bhd., Dolphin Shipping Agency Sdn. Bhd., East West Freight Services Sdn. Bhd., Gems Logistics Sdn. Bhd., Guper Integrated Logistics Sdn. Bhd, and Golden Logistics & Storage Sdn. Bhd. ("Golden Logistics"). This strategic expansion of Cogent enhanced our logistics services in Malaysia to encompass container haulage, freight forwarding, forwarding agency services, container depot operations, and warehousing. Cogent has fully acquired Golden Logistics in 2023.
COSCO SHIPPING Marine Engineering (Singapore) Pte. Ltd. ("CSME"), a subsidiary of the Company, engages in ship repair and marine engineering activities, including annual inspection, ship store supply, fabrication work services, and production of outfitting components.
We also offer property management services through Harington Property Pte Ltd, a wholly-owned subsidiary of our Company. Furthermore, we have a 40% ownership in PT Ocean Global Shipping Logistics, an Indonesian shipping logistics company specializing in services such as logistics, freight forwarding, ship agency, and container depot services.
The Company's joint venture company, COSCO SHIPPING Southeast Asia Container Logistics Services Pte. Ltd., owns 30% of SINOVNL Company Limited (formerly known as TAN CANG-COSCO-OOCL Logistics Company Limited). This Vietnamese company offers storage and warehouse services, container station and depot services, equipment maintenance and repair, and freight transport agency services.
Since 2022, we have held a 40% ownership in COSCO SHIPPING Bulk (Southeast Asia) Pte. Ltd., an associated company. They specialize in dry bulk shipping, primarily focusing on voyage charter and time charter arrangements.
In 2023, the Company expanded its regional logistics capabilities by establishing Goldlead Supply Chain Development (Southeast Asia) Pte. Ltd., with a 49% stake, to deliver specialized supply chain solutions and advance digital logistics across South and Southeast Asia.
In April 2024, Cogent formed a joint venture with Eastern (1961) Holding Pte. Ltd. to establish a company, Cogent Eastern Precision Pte Ltd, focused on providing container body repairs, maintenance, and modifications. This strategic partnership aims to serve customers in Singapore and expand into other Southeast Asian markets, strengthening the Group's service offerings and regional presence.
In July 2025, the Company successfully completed the renounceable non-underwritten rights issue to support business expansion and strengthen its financial position, raising approximately S$272.2 million. Part of the proceeds have been used to repay bank borrowings and to fund the construction of logistics facilities such as Jurong Island Logistics Hub Phase 2 ("JILH Phase 2"). In June 2025, construction for JILH Phase 2 commenced. The piling works for JILH Phase 2 was completed in December 2025.
The Company is focusing efforts on restructuring the Malaysia counterparts to increase efficiency. These efforts aim to reinforce operational management and drive regional growth. Additionally, the development of JILH Phase 2 will bolster the Company's capabilities in delivering integrated logistics services and digital supply chain solutions.
The Company is ultimately controlled by China COSCO SHIPPING Corporation Limited ("Parent Company"), a state-owned enterprise headquartered in the People's Republic of China ("PRC").