Container terminals operator Cosco Pacific Limited has proposed to change its name to Cosco Shipping Ports Limited, following its parent firm China Cosco Group’s merger with China Shipping Group.
Cosco Pacific said that the proposed new name “will fully reflect that the company focuses on developing as a professional port and terminal operator.”
The proposed change of name is subject to approval by shareholders and the Registrar of Companies in Bermuda.
After the merger and reorganisation of Cosco and China Shipping, Cosco Pacific has become the flagship terminal of the merged entity Coscocs, poised to benefit from a larger combined container shipping fleet.
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