OREANDA-NEWS. September 02, 2011. COSCO International's 2010 annual report was honored with three awards in the 25th anniversary International ARC Awards, i.e. Silver Awards in the Shipping Services categories of "Overall Annual Report", "Chairman's Letter" and Bronze Award for "Printing and Production". This was the fourth consecutive year that COSCO International was recognized by MerComm, Inc. in the world's largest international competition of annual reports. This was also for the first time that the Company was awarded Silver Award in the "Overall Annual Report" category, which has higher judging requirements, recognizing the international standards of the Company’s annual report, reported the press-centre of COSCO.

The theme of COSCO International's 2010 annual report was "Adaptable and Innovative with Profound Vision", depicting the Company's poise at the turning point to focus on the development of shipping services, following its complete disposal of property investment business segment in December 2010. To echo with the theme, the annual report was divided into three chapters, i.e. Solid Operation, Enhanced Management and Proactive Development, together with the Financial Section, which improves reader's perceptive efficiency to understand the company's strategy, its achievements during the previous year, as well as the development outlook in the future.

The International ARC Awards Competition, organized by MerComm, Inc, is now the largest international competition honoring outstanding annual reports of various companies which draws over 1,000 listed companies around the world to participate every year. The Awards is well-known worldwide for its openness, independence and fairness, and it is granted as the "Academy Awards of Annual Reports" by the financial media