OPERATING PERFORMANCE

FLEET GROWTH


CAPE 17
Ship for stone material 1.
General Cargo 2 HANDY 4.
Deadweight tonnage about 369 million tons. Crew 701 people
2021

one 208,000DWT Ship sold
Ship launched 1.
CAPE 18
Ship for stone material 1.
General Cargo 2 HANDY 4.
Deadweight tonnage about 389 million tons. Crew 613 people
2020

One new capesize bulker from the shipyard in Taiwan (China Steel Prestige).
Three new capesize bulkers from the shipyard in Japan (CSC Creator, CSC Victor, CSC Preeminence).
Ship launched 1.
CAPE 18
Ship for stone material 1.
General Cargo 2 HANDY 4.
Deadweight tonnage about 389 million tons. Crew 613 people
2020

One new capesize bulker from the shipyard in Taiwan (China Steel Prestige).
Three new capesize bulkers from the shipyard in Japan (CSC Creator, CSC Victor, CSC Preeminence).
CAPE 18. Ship for stone material 1.
PANAMAX 4 HANDY 2
Deadweight tonnage about 3.76 million tons. Crew 656 people
2019
Three new capesize bulkers from the shipyard in Taiwan (China Steel Liberty, China Steel Harmony, China Steel Brillance).
One new capesize bulker from the shipyard in Japan (CSC Leader).
CAPE 14. Ship for stone material 1.
PANAMAX 4 HANDY 2
Deadweight tonnage about 2.94 million tons. Crew 528 people
2018
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CAPE 14. Ship for stone material 1.
PANAMAX 4 HANDY 2
Deadweight tonnage about 2.94 million tons. Crew 498 people
2017 1 PANAMAX sold
Eight new building capesize bulkers from the shipyard in Taiwan and Japan respectively.
CAPE 17. Finished ship 4. Ship for stone material 1.
PANAMAX 1 HANDY 4
Deadweight tonnage about 3.43 million tons. Crew 502 people
2016 4 specialized carriers of the 2nd phase and 2 finished ship sold.
One new capesize bulker from the shipyard in Japan (China Steel Vision).
CAPE 15. Finished ship 3. Ship for stone material 1
PANAMAX 1 HANDY 4
Deadweight tonnage about 3 million tons. Crew 520 people
2015 One new finished ship from the shipyard in Japan (CSE Wisdom Express, with 12,000 DWT) & Two capesize bulkers (China Steel Exploration and China Steel Success,205,000 DWT each).
CAPE 15. Finished ship 3. Ship for stone material 1
PANAMAX 1 HANDY 4
Deadweight tonnage about 3 million tons. Crew 520 people
2014 Two new HANDY from the shipyard in Japan
(CSE Glory Express and CSE Fortune Express, 35,000 DWT each) & One finished ship (CSE Bravery Express, 12,000 DWT), & One capesize bulker (China Steel Endeavor, 205,000 DWT).
CAPE 14. Finished ship 2. Ship for stone material 1.
PANAMAX 1 HANDY 2
Deadweight tonnage about 2.71 million tons. Crew 517 people
2013 Two new capesize bulkers from the shipyard in Japan (China Steel Challenge, China Steel Sustainability, 205,000 DWT each).
CAPE 12. Finished ship 2. Ship for stone material 1.
PANAMAX 1 HANDY 2
Deadweight tonnage about 2.3 million tons. Crew 414 people
2012 Purchase of one new capesize bulker from the shipyard in Japan (China Steel Innovator, 205,000 DWT).
CAPE 11. finished ship 2. Ship for stone material 1.
PANAMAX 1. HANDY 2.
Deadweight tonnage about 2.1 million tons. Crew 389 people
2009 Four over-age specialized vessels of the first phase and one Panamax sold.
CAPE 15. finished ship 2. Ship for stone material 1.
PANAMAX 2. HANDY 2.
Deadweight tonnage about 2.77 million tons. Crew 339 people
2007 Two new CAPE of the fourth phase (China Steel Entrepreneur, China Steel Realist, 205,000 DWT each).
CAPE 13. finished ship 2. Ship for stone material 1
PANAMAX 2. HANDY 2.
Deadweight tonnage about 2.36 million tons. Crew 332 people
2006 One new CAPE of the fourth phase (China Steel Team, 205,000 DWT) and one new HANDY (CSE Clipper Express, 28,000 DWT)
CAPE 12. finished ship 2. Ship for stone material 1
PANAMAX 2. HANDY 1.
Deadweight tonnage about 2.13 million tons. Crew 327 people
2005 One new HANDY of the fourth phase (CSE Prosperity Express, 28,000 DWT).
CAPE 12. finished ship 2. Manage TPC'S ship 2.
Ship for stone material 1. PANAMAX 2
Deadweight tonnage about 2.1 million tons. Crew 317 people
2003 One new CAPE of the third phase (China Steel Responsibility, 176,000 DWT).
CAPE 11. finished ship 2. Manage TPC'S ship 2.
Ship for stone material 1. PANAMAX 2.
Deadweight tonnage about 1.92 million tons. Crew 318 people
2002 Three new CAPE of the third phase (China Steel Excellence, China Steel Growth, China Steel Integrity, 176,000 DWT each) and 2 PANAMAX (CSE Fortune Express and CSE Harmony Express, 76,000 DWT each).
CAPE 11. finished ship 2. Manage TPC'S ship 2.
Ship for stone material 1. PANAMAX 2.
Deadweight tonnage about 1.92 million tons. Crew 287 people
2001 Naming and delivery of stone-material self-unloader Hwa Lien Express (18,900 DWT)
CAPE 8. finished ship 2.
Manage 2.
Deadweight tonnage about 1.23 million tons. Crew 244 people
2000 Manage the coal carriers Prosperity I & II on behalf of Taiwan Power Company (88,000 DWT each)
CAPE 8. finished ship 2.
Deadweight tonnage about 1.23 million tons. Crew 208 people
1999 Naming and delivery of two finished ships (Bonanza Express and Concord Express, 10,000 DWT each).
CAPE 8
Deadweight tonnage about 1.21 million tons. Crew 176 people
1998 Naming and delivery one CAPE of the second phase (China Steel Developer, 153,000 DWT)
CAPE 7
Deadweight tonnage about 1.05 million tons. Crew 161 people
1997 Naming and delivery of three CAPE of the second phase (China Steel Express, China Steel Trader, China Steel Investor, 153,000 DWT each)
CAPE 4
Deadweight tonnage about 0.59 million tons. Crew 30 people
1996 Signing with China Steel Corporation the sale and purchase agreement of the four specialized vessels of the first phase (two vessels with 150,000 DWT each and the other two with 145,000 DWT each)

BUSINESS PERFORMANCE

CSE has been granted the Operation Growth Award and Fleet Expansion Award by the Ministry of Transportation and Communications, R.O.C. many times because of its outstanding operational performance. CSE participates with the award of Taiwan Top 50 Corporate Sustainability Report held by Taiwan Institute for Sustainable Energy, and granted “Excellent” in 2013, “Silver” in 2014, “Gold” in 2015, and “Gold” of transportation industry in 2016. Practicing the corporate culture which emphasizes the values of teamwork, entrepreneurial approaches, down-to-earthiness and pursuit of innovation, it sets the goal of creating the most benefits for all stakeholders and continues to pursue sustainable operations and development.

2020
  • Honored with TSCA 2019 Substainable Shipping Award; Taiwan Top 50 Enterprise Award
  • Promote Smart Ship, establish satellite communication and Telemedicine by Fleet Express
  • Keep the vessels built and sold for Fleet vitality
  • Reinforce the Marintime Cyber Security Management
2019
  • Honored with TSCA 2018 Substainable Award; Taiwan Top 50 Enterprise Shipping Award, and Top 50 Substainable Performance
  • Coorrdinating with China Ship Building Co., ChungHwa Telecom, and Kaohsiung Veterans General Hospital to develope Smart Ship and Telemedicine
  • Four vessels retrofit SOx Scrubber by IMO requirements for marine fuel sulfur content
2018
  • Four PANAMA flag vessels convert in R.O.C. flag
  • Honored with MOTC 2017 Green Shipping Development Award; Operation Award, Outstanding Performance; Port Operation Development Award; Fleet Expansion Award; Intern Students on Board Award
  • ISO9001:2015 and ISO14001:2015 certificated,Implement ISO 9001/14001/OHSAS 18001/CNS15506 verified
2017
  • Honored with TSCA 2016 Outstanding Performance; Operation Award, Outstanding Performance
  • One PANAMAX type ship sold
2016
  • Delivery of the new "China Steel Vision"
  • Four over-age specialized vessels of the second phase and two steel-product transport ships sold
2015
  • Delivery of the new "CSE Wisdom Express, China Steel Exploration, China Steel Success and others"
  • The office on the 33rd floor of Bao Chen Building was sold in July to utilize the idle assets.
  • Honored with MOTC 2014 Green Shipping Development Award, Outstanding Performance; Operation Award, Outstanding Performance; Port Operation Development Award, the Third Prize; Fleet Expansion Award, Outstanding Performance; Intern Students on Board, the Second Prize
  • Among the "Taiwan Large Enterprises TOP 50" by China Credit Information Service 2015 (for corporate performance in 2014), this Company ranked thefirst in Service Performance, and the second in Business Performance Mixed Ranking
2014
  • Delivery of the new "CSE Glory Express, CSE Fortune Express, CSE Bravery Express and China Steel Endeavor"
  • Honored with Taiwan Corporate Sustainability Awards (TCSA) 2014, Silver Medal in the Service Industry of Large Enterprises of Taiwan Top 50 Enterprise Sustainability Report Award
  • AEO (Certified Quality Enterprise) certification completed
  • Honored with 2013 MOTC Port Operation Development, Outstanding Performance; Fleet Expansion Award, Outstanding Performance; the Number of Domestic Maritime College Students on Board and Their Total Number of Days, the Third Prize; Green Shipping Development, Outstanding Performance; Number of Intern Students on Board, the Third Prize
  • The office on the 32nd floor of Bao Chen Building was sold in October to utilize the idle assets.
2013
  • Ranked among the Top Five Excellence Award in CSC Group's "Green-Living Program Assessment"
  • Honored with 2012 MOTC certification and commendation, Operating Growth Award, Outstanding Performance; the Number of Domestic Maritime College Students on Board, the Second Prize, and Their Total Number of Days, the Third Prize
  • Office relocation in the CSC Group Building
  • Delivery of the new "China Steel Challenge" and "China Steel Sustainability"
  • Honored with Extra Excellence Award in the Service Industry of "Corporate Social Responsibility Report (CSR)" 2012, given by the Vice President of ROC
2012
  • The ISO14064 greenhouse gas emission examination passed
  • Purchase of one new capesize bulker from the shipyard in Japan (205,000 DWT)
  • Certification of TOSHMS
2011
  • The Sales Department is expanded into Sales Department I and Sales Department II
  • "Design of Bonus Variation Linked with the Business Objectives" assisted and assessed by Willis Towers Watson
2010
  • "Overall Salary Competitiveness Analysis" assisted by Willis Towers Watson
2009
  • Four over-age specialized vessels of the first phase and one Panamax sold
2008
  • Business with non-CSC Group accounted for 64.79% of the gross margin
  • The earning before tax of NTD10.6 billion hit a record high, with EPS up to 25.09.
2007
  • Delivery of the new CAPE "China Steel Entrepreneur" and "China Steel Realist" (The largest DWT then in Taiwan)
2006
  • Delivery of the new CAPE "China Steel Team" (The largest DWT now in Taiwan) and the new HANDY "CSE Prosperity Express"
  • The 10th anniversary of this Company
  • Business with non-CSC Group reaching 52.73%
2005
  • Certification of ISO14001 and OSHAS18001
  • Delivery of the new "CSE Clipper Express", later rented by a Swiss shipping service operator for 3 years
  • This year, a total of 10 vessels is on long-term lease, sailing along the international ports of the five continents. Besides, two new vessels are rented from SANKO and rents out at the peak of the shipping market on long-term(3 years) lease.
  • The earning before tax of NTD4.315 billion, a new record high, with the EPS of 10.21
2004
  • The business with Non-CSC Group accounted for 46% of the whole year; "Profit Incentive Bonus" and "Employee Dividend Allocation Formula" of this Company were revised on a larger scale to motivate the staff for contribution.
  • ISPS Certification completed
  • Three new CAPE and two Handy expected to be operational within 4 years
2003
  • At least six specialized vessels on mid- or short-term lease; business with non- CSC Group reaching more than 30%
  • The Company's integrated computerized ERP operating system completed
  • ISPS Code Training for the crew started
  • China Steel Responsibility joining operation
2002
  • "High-level Seminar on the Future Development Strategy and Planning for the Company" organized
  • All the crew completed STCW95 Training
  • Self-built PANAMAX (CSE Fortune Express, Harmony Express) and CAPE (China Steel Excellence and China Steel Growth, China Steel Integrity) joining operation, sailing the international ports of Europe, the United States, Asia and Australia
2001
  • Capital increase by retained earning(Actual Receipt Capital NTD4.225 billion)
  • The "Express Network Operation and Information System Development" promoted
  • The Computer Information System of the finished vessels of Taiwan and Japan completed
  • The stone-material self-unloader joining operation
2000
  • Certification of the ISO9001
  • Capital increase by retained earning (Actual Receipt Capital NTD3.288 billion)
  • Manage Prosperity I & II on behalf of Taiwan Power Company
1999
  • Two CAPE (two-year lease) and four PANAMAX for charter
  • Starting the shipping operations of steel goods on the Taiwan-Japan route; allied with Japanese shipping corporations
  • Naming and delivery of two finished ships "Bonanza Express, Concord Express, 10,000 DWT each)
1998
  • ISM Shipping Safety Certification completed
  • Into the HANDY shipping
  • Naming and delivery of one CAPE of the second phase (China Steel Developer, 153,000 DWT)
1997
  • Yun Yang Shipping (Singapore) Company established (for PANAMAX shipping)
  • Four CAPE and one PANAMAX for charter
  • Naming and delivery of three CAPE of the second phase (China Steel Express, China Steel Trader, China Steel Investor, 153,000 DWT each)
1996
  • China Steel Express Corporation was established in February,1996, with the capital of NTD2.5 billion.  On June 1, this Company officially started its business and signed a shipping contract with China Steel Corporation.