COSCO SHIPPING (Europe) GmbH is the regional management company of the China COSCO SHIPPING Corporation in the European Region. The predecessor of this company, formerly known as 'COSCO Europe GmbH', was the representative office of COSCO in Hamburg and registered and founded on February 15th, 1989, by the original COSCO Group in Hamburg, Germany, with a registered capital of 500,000 DM. It was the first regional management company set up overseas by the COSCO Group. The company’s registered capital increased to 3.78 million Euros in 2009. On September 11th, 2017, its name was changed to the active name.
The company's business administration extends from Europe to North Africa, the Mediterranean and the region along the Black Sea, covering 64 countries in total. The scope of business comprises container transportation, break bulk cargo transportation, logistics services, terminal operations, ship technical services and ship fuel supply, etc. The company’s headquarter installed the Administrative & Personnel Department, the Strategic Development Department, the Supply Chain Development Department, the Department of Financial Management, the European Audit Division and the Break Bulk Transport Department, 6 departments all together. The company has 15 daughter companies in 12 countries. Some are wholly-owned and some are joint-venture companies. They are located in China, Germany, the United Kingdom, the Netherlands, Belgium, Finland, France, Italy, Turkey, Romania, Greece and Egypt.