Originally founded on October 1 (China's National Day) in 1980, Five Star Shipping was the first Sino-Australian Joint Venture company established in Australia - a partnership between COSCO and Burns Philp & Co Ltd. In January 1994, Five Star Shipping became a wholly-owned COSCO Group Company.

China Shipping (Australia) Agency Co. Pty. Ltd. (CSAA) was established in April 1999 with offices in Sydney, Melbourne Brisbane and Adelaide to act as an Agent for and On Behalf of CSCL Container Lines.

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