About Us
Profile
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. 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.
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 subsidiary, 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. Additionally, SH Cogent Logistics fully acquired Golden Logistics & Storage Sdn. Bhd. from COSCO SHIPPING SEA, streamlining operations and enhancing service offerings in the competitive logistics market.
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 August 2024, the Company proposed a renounceable non-underwritten rights issue to support business expansion and strengthen its financial position. The Company has considerations on enhancing logistics infrastructure in Singapore, Malaysia and potentially Thailand and other parts of Southeast Asia. These efforts aim to diversify supply chain solutions, reinforce operational management, and drive regional growth. Additionally, the development of Jurong Island Logistics Hub (JILH) Phase II utilising part of the funds raised from the Rights Issue 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").