Revenue distribution by industry:

• Project cargo and heavy lift: approx. 40%
• Automotive transport: approx. 25%
• Timber transport: approx. 20%
• Other specialized freight: approx. 15%

TOP 3 markets and their percentage shares:

• China: approx. 35%
• Europe: approx. 25%
• North America: approx. 20%

COSCO SHIPPING Specialized Carriers Co., Ltd. generates the majority of its revenue from project cargo and heavy lift transport, indicating its strong position in the transportation of oversized and heavy goods. Automotive transport is also a significant revenue generator, followed by timber transport.

Geographically, China is the largest market for the company, which is not surprising given that it is a Chinese company. Europe and North America are also important markets, together accounting for a significant portion of the total revenue. This distribution demonstrates the global reach and market diversification in which the company operates.

Production Sites: Mainly in China

COSCO SHIPPING Specialized Carriers Co., Ltd. is a Chinese company that focuses on the transportation of specialized goods. As part of the COSCO SHIPPING Corporation, one of the world's largest shipping companies, it primarily utilizes Chinese shipyards and production facilities for the construction and maintenance of its vessels.

The strategic location in China enables the company to benefit from the country's extensive maritime resources and infrastructure. This includes access to state-of-the-art shipyards as well as proximity to key trade routes and markets.

Current Strategy: Diversification and Fleet Expansion
Target Markets: Offshore Wind Energy and Project Cargo
Investments: Increasing Capacities for Special Transports

COSCO SHIPPING Specialized Carriers Co., Ltd. is pursuing a strategy of diversification and fleet expansion to secure future growth. The company is focusing on strengthening its presence in the offshore wind energy and project cargo sectors. These markets offer significant growth opportunities due to the global energy transition and increasing demand for renewable energies.

Another key focus is on increasing capacities for special transports. This includes investments in new ships and technologies to offer more efficient and environmentally friendly transport solutions. Through these measures, the company aims to solidify its market position and explore new business opportunities.

Imported Raw Materials/Components: Steel, Machinery, Electronic Components
Main Import Countries: Japan, South Korea, Germany

COSCO SHIPPING Specialized Carriers Co., Ltd. is a significant company in the field of maritime freight and logistics. It mainly imports raw materials and components needed for shipbuilding and maintenance, such as steel and machinery. These materials primarily come from countries with a strong production base in these sectors, especially Japan and South Korea.

In addition, electronic components are imported for the equipment and modernization of the ships. Germany is an important trading partner in this regard, known for its high-quality machinery and electronics.

This import strategy enables COSCO SHIPPING to ensure the quality and efficiency of its fleet while also benefiting from the technological advancements in these countries.

Market share: Estimated 12% in the specialized shipping sector (2026)
Fleet size: Over 100 specialized ships (2026)
Revenue growth: 8.5% (estimated for 2026)

COSCO SHIPPING Specialized Carriers Co., Ltd. has a significant competitive advantage in the specialized shipping sector. With one of the largest fleets globally, the company can meet a variety of specialized transportation requirements, including heavy lift transport, project cargo, and special cargo.

The company's competitive advantage lies in its ability to offer tailored logistics solutions, supported by a strong global presence and a well-established network. Continuous investments in modern technologies and fleet efficiency optimization also contribute to strengthening their market position.

Additionally, COSCO SHIPPING Specialized Carriers benefits from the support of the COSCO Group, one of the largest shipping companies globally, providing them access to comprehensive resources and synergies. This gives them an advantage over smaller competitors that may not have the same capacities or networks.

Institutional Investor Share: 45% (estimated for 2026 based on trends)

Insider Buys/Sells: No significant transactions reported in the last year.

The institutional investor share in COSCO SHIPPING Specialized Carriers Co., Ltd. is estimated to be around 45%. This is typical for large, established companies operating in international trade, as they are often seen as stable investments by pension funds, investment funds, and other institutional investors.

Regarding insider transactions, there have been no significant buys or sells in the last year, indicating a stable confidence of the management in the company's future development. Such transactions are often seen as an indicator of the management's assessment of the company's future performance.

Market share of COSCO SHIPPING Specialized Carriers Co., Ltd.: Estimated 12% (2026)

Top competitors and their market shares:

1. Maersk Line: 15%
2. Mediterranean Shipping Company (MSC): 14%
3. CMA CGM Group: 13%
4. COSCO SHIPPING Specialized Carriers Co., Ltd.: 12%
5. Hapag-Lloyd: 10%
6. Evergreen Marine Corporation: 9%
7. ONE (Ocean Network Express): 8%
8. Yang Ming Marine Transport Corporation: 7%
9. HMM Co., Ltd.: 6%
10. ZIM Integrated Shipping Services: 6%

Economic moat of COSCO SHIPPING Specialized Carriers Co., Ltd.:

COSCO SHIPPING Specialized Carriers Co., Ltd. has a moderate economic moat, mainly due to its strong presence in the Asian market and its specialization in the transportation of specialized cargo, such as heavy and project cargoes. This specialization provides some protection against general competition in the container shipping market.

In comparison to major competitors like Maersk and MSC, which have a broader global network and more extensive fleets, COSCO's economic moat is less pronounced. These companies benefit from economies of scale and a stronger global presence, giving them a competitive advantage.

However, COSCO can strengthen its position and deepen its economic moat through strategic alliances and investments in innovative technologies and sustainable solutions. The focus on specialized services continues to offer potential for differentiation from larger, more general providers.

Revenue growth: 8.5% (2025) Profit growth: 10.2% (2025) Market share in specialized shipping: 15% (2025, estimated)

COSCO SHIPPING Specialized Carriers Co., Ltd. has experienced solid revenue and profit growth in recent years, driven by strong demand for specialized shipping solutions. The company has strengthened its market position through strategic investments in modern ships and technologies.

The global shipping industry is currently undergoing a phase of consolidation and digitalization, and COSCO SHIPPING is well positioned to benefit from these trends. Their investments in environmentally friendly technologies and fleet expansion could lead to a long-term competitive advantage.

Given the company's stable financial performance and strategic direction, the stock could present an attractive investment opportunity for investors interested in long-term participation in the specialized shipping industry.

Dividend Yield: 4.5% (estimated for 2026)

COSCO SHIPPING Specialized Carriers Co., Ltd. has regularly distributed dividends in recent years. The company's dividend policy tends towards stability, with payouts typically aligning with profits.

The reliability of dividend payments depends on several factors, including the company's financial health and market conditions. Given the stable performance and strategic positioning in the market, it is expected that COSCO SHIPPING Specialized Carriers will continue to pursue a reliable dividend policy in the future.