On December 26, 2017, COSCO SHIPPING Seafarer Management Co., Ltd. (COSCO SHIPPING Seafarer) was established in Shanghai. Capt. Xu Lirong, Chairman of the Board and Party Secretary of COSCO SHIPPING and Ms. Sun Yueyin, Chief Financial Officer of COSCO SHIPPING attended the grand opening ceremony and unveiled the nameplate of the company. Executive Vice President of COSCO SHIPPING Ding Nong and President of COSCO SHIPPING Seafarer Huang Jianping addressed the ceremony on behalf of their companies while Managing Director of COSCO SHIPPING Lines Wang Haimin delivered a speech as a customer representative. Party Secretary and Vice President of COSCO SHIPPING Seafarer Han Chao presided over the opening ceremony.
In his speech, Ding Nong said seafarers are the important foundation and precious resources of COSCO SHIPPING for its primary shipping business as well as the most valuable ones in China’s ocean shipping industry. The establishment of COSCO SHIPPING Seafarer aims to carry forward the spirit of the 19th CPC National Congress, implement the strategy of building a maritime power and advance the Belt and Road Initiative. It is also crucial to further improve “six industrial clusters + ‘Internet Plus’” of COSCO SHIPPING, deepen its reform, facilitate the development and its core competitiveness in the shipping market and compose a globally competent team of seafarers that follows the Group’s strategy. Through the enhancement of all-round performance of seafarers, the actual incomes of seafarers, the vessel management capability, and the reduction in the management costs for both ship and seafarers, the seafarer management mechanism for a modern shipping group is to be made featuring professionalization, integration, market-orientation and internationalization to better serve shipping companies.
As the world’s largest professional seafarer management company, COSCO SHIPPING Seafarer has more than 48,800 seafarers in total serving world-class shipping companies and qualified for all types of vessels around the world. It has staffed over730 vessels owned by COSCO SHIPPING and over 450 vessels of other companies. By adhering to COSCO SHIPPING’s strategy, the new company will properly manage, utilize, serve and develop such strategic resources as seafarers to build a world-leading team of seafarers that are high-caliber, well-structured and globally allocated. By means of the brand new platform with new integration, values, goals and advantages, the company will provide a better guarantee for shipping companies and contribute to the even further development of COSCO SHIPPING into a world-class company.
In addition, a signing ceremony was also held, during which the Seafarer Management Service Agreement was concluded respectively between President of COSCO SHIPPING Seafarer Huang Jianping and Managing Director of COSCO SHIPPING Lines Wang Haimin, President of COSCO SHIPPING Bulk Yang Zhijian, President of COSCO SHIPPING Energy Liu Hanbo and Executive Vice President of COSCO SHIPPING Specialized Carriers Cai Meijiang.
More than 130 people attended the event, including Chairman of the Trade Union Zhang Shanmin, Head of Safety Supervision Division Weng Yi, executives of COSCO SHIPPING’s Divisions and subsidiaries, representatives from top and middle leadership of COSCO SHIPPING Seafarer, outstanding seafarers and their spouses.