We have noted the recent inclusion of China COSCO SHIPPING Corporation Limited (COSCO SHIPPING), COSCO SHIPPING (North America) Inc., and COSCO SHIPPING Finance Co., Ltd. on the U.S. Department of Defense’s list of “Chinese military companies.”
COSCO SHIPPING and its subsidiaries have consistently adhered to local laws and regulations, maintaining strict compliance in all international operations. We remain committed to facilitating global trade and providing high-quality commercial shipping and logistics services to clients worldwide, including agricultural producers, manufacturers, energy firms, retailers, and exporters in the United States.
We emphasize that none of the aforementioned companies are “Chinese military companies.” We will engage with U.S. authorities to clarify this matter. This designation does not impose sanctions or export controls, and our global operations will continue uninterrupted.