COSCO Shipping controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2025
U.S. military-affiliation listing
COSCO was reported as added to a United States Department of Defense list identifying companies alleged to work with the People’s Liberation Army. The listing reflects geopolitical and regulatory scrutiny rather than a criminal conviction.
2023
Allegations involving a Bulgarian agent
Local media accused Three Stars Ltd, described as a Bulgarian agent of COSCO SHIPPING Lines, of racketeering and antitrust-law violations. The available reference describes allegations rather than a confirmed judgment against COSCO Shipping itself.
2019
U.S. sanctions on tanker subsidiaries
The U.S. Treasury sanctioned COSCO Shipping Tanker (Dalian) Seaman & Ship Management and COSCO Shipping Tanker (Dalian) for alleged violations of U.S. sanctions involving Iran. The parent company was not included in the measures, which were lifted in January 2020.
2014
Former COSCO Group vice president Xu Minjie sentenced to 10 years in first instance for embezzlement
According to a November 2014 court report, Xu Minjie, former vice president of COSCO Group, one of the predecessors of COSCO Shipping, was sentenced to 10 years in prison in the first instance for embezzlement. The case involved his use of company funds to reimburse private expenses for his wife's beauty treatments, meals, and his son's accommodation while he was general manager of COSCO Pacific.