The country is going to abandon China s ocean going ships, why do many Chinese ocean going ships hav

China Ocean Shipping (Group) Company, referred to as COSCO or COSCO, is the largest shipping company in Chinese mainland, one of the world's largest ocean shipping companies, and one of the 53 super-large state-owned enterprises directly managed by ** in the People's Republic of China.

It has an absolute leadership position in the field of national ocean transportation. Because the business of China COSCO is generally international business, with the recent downturn in the world, its transportation costs and overall profits have declined, and the country has adopted some stability maintenance policies.

It's not that the country wants to abandon China's oceans, it's impossible.

With the stabilization of the international economy and the increase in the flow of goods between countries, China's COSCO will also recover rapidly. Temporary snow shelter is a kind of protection for the ocean.

If the state helps too much, it is easy to cause dissatisfaction in other fields, and it is not conducive to the future development of COSCO.

It won't be long before you see the resurgence of China's oceans.

Abandonment has not arrived, just temporarily reduce investment, observe the market situation, after all, it is a big industry, abandonment is not distressing? The economic crisis is to blame Lao Mei.

Ocean shipping is a large-cycle industry, and now it is at a low point, so it will be difficult, but after the trough, it will be fine.

No, no, it's not good overall.

No, I believe that tomorrow will be better.

It will not be abandoned It's just that the entire import and export situation is not good now, and the shipping industry has entered a cold winter At the same time, this is also a reshuffle period for the shipping industry, and it is also a good opportunity for expanding monopoly routes to see how to grasp it

Moreover, COSCO is also currently expanding new business, focusing on import logistics and so on

There are basically two reasons why the ships of Chinese companies are registered abroad:

1.Local registration fees are cheap, such as Bahamas, Liberia, Sierra Leone, etc.

2.There are preferential policies for domestic ships, such as the Panama Canal, which charges a lot of tolls for Panamanian-flagged ships, and if ships often have to pass through the Panama Canal, registering in Panama is the best choice.

This is called "convenient flag", which means that it is not registered in the home port of the home country, but chooses to register in other countries and fly the local flag.

Registering in a foreign country allows you to use the local laws of the country of registration and fly the flag of the country of registration, which can reduce a lot of unnecessary troubles, especially political troubles, when the ship is berthed in certain countries.

It is often convenient for the country of registry to loosen the management of the ship, and the registration fee, tonnage tax and other taxes and fees are relatively small, which can save the shipowner some costs and energy.

It is convenient for most international conventions of the flag state to apply, so that even if disputes arise, they can enjoy a relatively fair and just legal environment to resolve them.

Panamanian-flagged ships can pay less when they arrive at the Panama Canal, and they are protected by the local **, haha, saving money and worry.

The world's major facilitated shipping registries are Panama, Liberia, Switzerland, Morocco, Antigua and Barbuda, and many more.

China registration is possible! But don't save money!

Here's a simple example...

In many places, the goods are exported, and then imported to the country to sell... Export tariffs are few! Imports are 0 tariffs...

I thought to myself how big the difference was...

Took advantage of the bug of the national tax revenue...

This one is the same...

Isn't it very cost-effective to register in China!!

Save on registration fees, right? It is slightly more expensive in China.

China COSCO is a state-owned enterprise.

China Ocean Shipping (Group) Company, referred to as COSCO or COSCO, is the largest shipping company in Chinese mainland, one of the world's largest ocean shipping companies, and one of the 53 super-large state-owned enterprises directly managed by the People's Republic of China.

COSCO has nearly 1,000 member companies and institutions around the world, with more than 80,000 employees, more than 600 ships (totaling more than 30 million tons), shipping routes to 1,200 ports in more than 160 countries and regions around the world, and more than 50 overseas wholly-owned enterprises and joint ventures.

Subordinate enterprises: 1. COSCO (Hong Kong) Group: COSCO's largest overseas company, with more than 540 companies under its umbrella 2. COSCO Hong Kong Shipping Company: the pillar enterprise of COSCO Hong Kong Group 3. China COSCO Logistics Company: Founded in Beijing on January 8, 2002, it is the largest logistics company in China.

China COSCO is a state-owned enterprise.

1. The full name of China COSCO Holdings Co., Ltd. **** (Hong Kong Stock Exchange: 1919, Shanghai Stock Exchange: 601919) is headquartered in China and is the flagship platform for overseas listing of China COSCO Group's shipping business.

It is one of the leading global leading providers of integrated container shipping services, including a wide range of container shipping, container terminals, container leasing and freight** and shipping** services within the container shipping value chain.

2. The company is a world-leading integrated shipping service provider, operating the world's largest dry bulk fleet and the world's sixth largest container fleet, and the freight forwarding and shipping agency business is also in the leading position in China. The current business includes dry bulk shipping, container shipping, logistics, terminal and container leasing. Lock in profits by locking in high freight rates.

Blind expansion, poor decision-making. There are a bunch of affiliated enterprises, and interests are conveyed everywhere.

When the freight rate is high, new ships and charters are built in a big way, and they are all long-term charters.

If the freight rate falls, it will go to grandma's house.

The same shipping company, Maersk, has only lost money for 3 quarters since 2012, with a profit of $4 billion.

All kinds of affiliated enterprises and affiliated enterprises led by COSCO sucked blood on COSCO, and they continued to suck it like this. Let's check for yourself.

If it weren't for the central enterprises, they would have gone bankrupt and split up their bodies, what kind of central enterprises are engaged in this kind of industry with a high degree of marketization? There should be no central enterprises.

On February 28, the bimonthly magazine "The National Interest" published an article by Lyle J. Goldstein, associate professor at the China Institute of Maritime Studies at the U.S. Naval Military Academy, entitled "Is China Developing an Atlantic Maritime Strategy?" One of the unintended consequences of assertively confronting China in the South and East China Seas is that these disputed regions provide a significant boost to China's growing maritime intentions, according to the report.

China is destined to build thousands of bases around the world and a policy of military intervention – having its armed forces fight in many countries at the same time, with no end in sight. Fortunately, such an outcome seems unlikely for China's defense policy, but Beijing, like Washington, has an active and expanding hawkish camp.

However, it is also a misreading to label this Burning Ling article as anti-American and high-profile. The second half of the article focuses on the importance of non-military or soft power mechanisms, with a clear emphasis on avoiding confrontation with Washington. This may have been taken out of context.