Cosco readies for growth as efficient, reliable, end-to-end logistics provider in Southeast Asia
After selling its loss-making shipyard and shipbuilding business in May 2017 to another subsidiary owned by its parent, Mainboard-listed Cosco Shipping International (Singapore) entered the logistics sector 10 months later when it completed the acquisition of established logistics provider Cogent Holdings in March 2018. “Through M&A, we could quickly obtain resources such as warehouses, but ...
Cosco Shipping International (Singapore) is positioning itself as an efficient and reliable end-to-end logistics provider in Southeast Asia. The company recently acquired Cogent Holdings, a logistics provider, in March 2018 to strengthen its offerings. Jiang Kai, the president and executive director of Cosco Shipping International (Singapore), stated that the acquisition allowed the company to quickly obtain resources such as warehouses and acquire an existing operations team.
Today, Cosco Shipping International (Singapore) provides integrated logistics and supply chain solutions across Southeast Asia, supporting its parent company's shipping operations. The company's logistics business includes warehousing, container depots, automotive logistics, and transport management, with 188% year-over-year revenue growth for the first half of 2026.
The majority of Cogent's container storage business comes from within the China Cosco group, providing a stable revenue base. The company's overhead container storage system, an award-winning design that uses overhead bridge cranes, allows for greater storage capacity and faster turnaround times. Cogent's experience in chemical logistics, particularly its dangerous goods warehousing solutions, has earned a reputation for reliability and safe handling.
With Jurong Island serving as a major hub for the energy and chemicals industry, Cosco Shipping is expanding its Jurong Island Logistics Hub (JILH) by adding 63,000 sqm of warehousing space in phase two, scheduled for completion by the end of 2026/early 2027. The company remains optimistic about Jurong Island's prospects due to sustained demand from chemical businesses operating on the island.
Written by urgent.news from Hellenic Shipping News's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.