COSCO SHIPPING Ports reports record throughput

COSCO SHIPPING Ports Limited delivered solid results for 2025. Total throughput rose 6.2% year-on-year to nearly 153 million TEU. Revenue climbed 11% to US$1.67 billion. Profit attributable to equity holders reached US$312.1 million, up 1.1%.

The group operated against a tough backdrop. Slowing global trade growth, tariff pressures, trade protectionism and geopolitical tensions all weighed on the market. The company responded with lean operations and tighter resource management.

Gross profit slipped marginally to US$415.5 million, down 0.3%. Profits from joint ventures and associates grew 7.3% to US$343.4 million. The board declared a second interim dividend of US1.328 cents per share.

China leads, overseas accelerates

Chinese terminals generated 114.8 million TEU, up 4.6%, accounting for 75.1% of total throughput. The Bohai Rim region contributed 52 million TEU, up 5.1%. The Pearl River Delta added 30.2 million TEU, up 5.2%. The Southwest Coast posted the strongest domestic growth, up 11.6% to just over 10 million TEU, driven by RCEP trade benefits and network expansion at Beibu Gulf Port.

Overseas terminals outpaced domestic growth. Throughput jumped 11.5% to 38.2 million TEU. CSP Zeebrugge Terminal surged 33.1% to 894,227 TEU on new mainline and feeder services. Piraeus Container Terminal bucked the trend, slipping 6% to 3.98 million TEU amid softer Mediterranean demand.

Outlook

COSCO SHIPPING Ports heads into 2026 cautiously. The IMF projects global economic growth of 3.3%, while shipping consultancy Drewry expects container throughput growth to slow to 1.8%. The company plans to expand its global terminal network, deepen digital and AI integration, and push green energy initiatives across its ports. It also says it will monitor the Middle East situation closely and act to protect operational continuity.

At year-end, the group operated 387 berths across 40 ports worldwide, with an annual handling capacity of approximately 133 million TEU.

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