COSCO Ship Ports

COSCO shipping lines, China's largest state-owned international and domestic container shipping and related services company, is opening its first branch in Sarajevo on Tuesday.

Cosco Shipping Ports Limited expects its growth to come from ports outside of China, such as that of Piraeus, in 2017, offsetting the losses it stands to incur from its domestic ports, according to Morgan Stanley.

A joint venture set up by a Chinese investor consortium has bought a 64.5 percent stake in Turkey's third largest container terminal, said one consortium member, COSCO Pacific, in a written statement on Sept. 17.