COSCO Shipping Co., Ltd. is principally engaged in provision of deep sea special general cargo transportation services. The Company operates five fixed shipping lines, including general cargo liner shipping activities among Far East to Pan-Southeast Asia shipping district, Far East to Africa shipping district, Far East to Americas shipping district, Far East to the Persian Gulf and Red Sea shipping district, and Far East to Europe and Mediterranean shipping district. As of December 31, 2011, the Company had 45 multipurpose and general cargo ships, four semi-submersible ships, ten heavy lift ships and three pure car carriers. Through its subsidiaries, the Company is involved in international automobile transportation and deep sea cargo transportation services.