COSCO SHIPPING International (Singapore) is an integrated logistics service provider in South and Southeast Asia. Integrated logistics services are provided in Singapore and Malaysia through its wholly owned subsidiary, Cogent Holdings, and in Indonesia and Vietnam through associated companies.
The Company is also a leading regional ship repair and marine engineering provider, with a special focus on LNG/LPG carrier repairs, offshore renewables support vehicles, and installation and dismantling of offshore platforms.
In June 2025, the Company started construction of Jurong Island Logistics Hub Phase 2, which is scheduled to be completed in the 4th quarter of 2026.
#1 How is COSCO SHIPPING International (Singapore) positioning itself to remain competitive in the regional logistics market?
The Company leverages an integrated one-stop logistics model that combines warehousing, container depots, and transport operations across its Jurong and Tuas hubs. Its strategic location near key ports, the expansion of the Jurong Island Logistics Hub (Phase 2), and its regional presence in Malaysia enhance connectivity and efficiency.
The Company aims to leverage scale, automation, and diversified services, such as bonded warehousing, chemical and automotive logistics, to serve a broad customer base. The Company is investing in automation, digitalisation, and sustainability to reduce costs, improve productivity, and meet regulatory and customer expectations.
However, challenges from labour shortages, rising costs, and competition from lower-cost regional players remain. To stay ahead, we aim to focus on operational efficiency, green logistics, workforce development, and regional partnerships, positioning ourselves as a reliable, value-adding logistics provider in Southeast Asia’s evolving supply-chain landscape.
#2 What are the company’s expectations for full-year 2025 performance, and what are the key risks?
COSCO SHIPPING International (Singapore)’s business operations in 2025 are stable and making good progress.
However, the primary concern is the potential slowdown in global and regional trade volumes, particularly driven by ongoing US tariff policies, which may affect demand for logistics and cross-border services. Fluctuations in fuel or transportation costs could impact margins.
We manage foreign exchange risk by prioritising cost certainty over speculation, employing strategies such as natural hedging and asset-liability matching.
In recent years, adverse shifts in bank interest rates have increased the financial burden of existing bank loans, eroding the company’s profits. To address this, the company received shareholder funding support through a rights issue to prepay high-interest bank loans, thereby mitigating the impact of adverse interest rate movements on corporate profitability.
The Company continuously monitors market trends, maintains operational flexibility, and implements proactive contingency plans to ensure resilience and sustained performance throughout 2025.
#3 What is COSCO SHIPPING’s challenge in the coming years that shareholders should be most concerned about? And how is the company preparing itself for it?
The biggest challenge for COSCO SHIPPING International (Singapore) over the next one to three years is navigating weaker global trade volumes alongside rising operating and regulatory costs, particularly from decarbonisation mandates, manpower shortages, and increased competition in regional logistics.
These pressures could squeeze margins and test operational resilience. To address this, our company is strengthening cost efficiency through automation and digitalisation, expanding capacity with the new Jurong Island Logistics Hub (Phase 2), and enhancing productivity in warehousing and transport.
COSCO SHIPPING is also diversifying its services, including chemical and automotive logistics, and expanding its footprint in Malaysia to balance costs and capacity. Our company is leveraging group synergies, sustainability initiatives, and technology adoption to meet new environmental standards while maintaining service quality. These efforts aim to ensure resilience, efficiency, and competitiveness amid a more volatile logistics landscape.
#4 How have Artificial Intelligence (AI) and Machine Learning (ML) changed the way COSCO SHIPPING carries out its business?
In logistics operations, AI and ML have transformed our company by enhancing efficiency, accuracy, and decision-making across the supply chain. By integrating Robotic Process Automation (RPA) with AI, routine finance processes have been streamlined, reducing manual workload and improving processing accuracy.
ML algorithms leverage real-time data from IoT devices to monitor vehicle and container arrivals at our container depot, enabling better visibility, faster turnaround, and optimised operational flow. Ultimately, these technologies empower our company to operate with greater agility, customer focus, and sustainability — providing a strong competitive edge in an increasingly fast-evolving logistics landscape.
In ship repair and marine engineering operations, the company has begun integrating AI and ML for predictive maintenance of welding machines, welding quality assurance, and project operational optimisation. These technologies have enhanced equipment uptime, reduced rework rates, and improved resource planning.
Digital twin models and data analytics also support better project management and client communication. The adoption of smart technologies enables more efficient, safer, and environmentally sustainable operations, thereby improving client satisfaction and cost management.
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#5 What are COSCO SHIPPING’s key ESG priorities, and how are they integrated into core operations?
Our ESG priorities include environmental sustainability, safety, social responsibility, and governance. Initiatives include maximising land use through innovative designs such as our rooftop container depot and high-stacking systems, reducing our carbon and land footprint. Operationally, the Company’s logistics sector integrates warehouse, depot, and transport functions under a single hub to minimise fuel use and emissions while enhancing efficiency.
The Company upholds strict safety and compliance standards, ensuring staff are trained for hazardous goods handling and that facilities meet NEA and SCDF regulations. In governance, vertical integration and in-house quality control enhance transparency, risk management, and accountability to meet the high standards expected of listed companies.
In ship repair and marine engineering, the Company’s ESG priorities focus on reducing carbon emissions, adopting solar power and energy-efficient technologies, maintaining high HSE standards, and responsible resource use. ESG is also integrated through sustainable procurement, workforce training, and community initiatives, with considerations included in strategic planning and performance evaluation to support long-term objectives.
Editor’s Note: Some answers for this article were extracted from the SGX 10 in 10 series published on 21 October 2025 and republished with permission. You can read more about COSCO SHIPPING International (Singapore) (SGX:F83) on the SGX website.
You can also read other featured companies from SGX’s 10 in 10 series on the DollarsAndSense website.
