COSCO SHIPPING Ports Limited (“COSCO SHIPPING Ports” or “CSP” or the “Company”, SEHK: 1199), the world’s leading ports logistics company, today revealed the interim outcomes of the Company and its subsidiaries (the “Group”) for the 6 months ended 30 June 2026.
2026 Interim Results Highlights
– Total throughput increased by 7.9% YoY to 80,157,047 TEU
– Equity throughput increased by 7.0% YoY to 24,492,008 TEU
– Revenue of the Company increased by 12.3% YoY to US$ 905,344,000
– Gross revenue increased by 9.3% YoY to US$ 239,507,000
– Profit attributable to equity holders of the Company increased by 28.5% YoY to US$ 233,672,000
– Declared a very first interim dividend of US2.360 cents per share
FINANCIAL REVIEW
In the very first half of 2026, the international shipping market was under double pressure from path network restructuring and compressed success. In the face of these difficulties, COSCO SHIPPING Ports has actually sustained its general functional strength by continued deepening of its lean operation management and continuous optimisation of its resource allotment and company procedures. In the very first half of 2026, earnings of the Company increased by 12.3% YoY to US$ 905.3 million; gross revenue increased by 9.3% YoY to US$ 239.5 million. Throughout the duration, the revenue attributable to equity holders of the Company significantly increased by 28.5% YoY to US$ 233.7 million.
FUNCTIONAL REVIEW
Total Performance
For the 6 months ended 30 June 2026, the Group’s overall throughput increased by 7.9% YoY to 80,157,047 TEU (1H2025: 74,295,971 TEU). Overall throughput from terminals in which the Group has actually managing stake increased by 2.5% YoY to 16,893,574 TEU (1H2025: 16,482,018 TEU), accounting for 21.1% of the Group’s overall, and the overall throughput from non-controlling terminals increased by 9.4% YoY to 63,263,473 TEU (1H2025: 57,813,953 TEU), accounting for 78.9% of the Group’s overall.
Throughout the duration, the Group’s overall equity throughput increased by 7.0% YoY to 24,492,008 TEU (1H2025: 22,879,575 TEU). The equity throughput from terminals in which the Group has actually managing stake increased by 2.6% YoY to 9,941,962 TEU (1H2025: 9,691,543 TEU), accounting for 40.6% of the Group’s overall, and the equity throughput from non-controlling terminals increased by 10.3% YoY to 14,550,046 TEU (1H2025: 13,188,032 TEU), accounting for 59.4% of the Group’s overall.
China
Throughout the duration, overall throughput of the terminals in China increased by 4.7% YoY to 59,019,217 TEU (1H2025: 56,390,125 TEU) and represented 73.6% of the Group’s overall throughput. Overall equity throughput of terminals in China increased by 4.8% YoY to 16,915,369 TEU (1H2025: 16,136,373 TEU), accounting for 69.1% of the Group’s overall equity throughput.
Bohai Rim
Throughout the duration, overall throughput of the Bohai Rim area increased by 6.4% YoY to 27,483,548 TEU (1H2025: 25,835,742 TEU) and represented 34.3% of the Group’s overall throughput. Overall equity throughput of the Bohai Rim area increased by 6.0% YoY to 6,989,982 TEU (1H2025: 6,594,957 TEU) and represented 28.5% of the Group’s overall equity throughput. Driven by the increasing financial investment need in expert system, exports of state-of-the-art items taped consistent development, contributing a 4.8% YoY boost in the overall throughput of Dalian Container Terminal Co., Ltd. to 2,695,849 TEU (1H2025: 2,572,124 TEU).
Yangtze River Delta
Throughout the duration, overall throughput of the Yangtze River Delta area increased by 3.6% YoY to 8,684,169 TEU (1H2025: 8,379,156 TEU) and represented 10.8% of the Group’s overall throughput. Overall equity throughput of the Yangtze River Delta area increased by 6.2% YoY to 2,558,738 TEU (1H2025: 2,408,543 TEU) and represented 10.5% of the Group’s overall equity throughput. Wuhan CSP Terminal Co., Ltd. (“CSP Wuhan Terminal”) continued to enhance its one-upmanship as a rail-water intermodal transportation center while broadening its Yangtze River feeder network, driving a 34.6% YoY boost in overall throughput to 198,577 TEU (1H2025: 147,515 TEU).
Southeast Coast and Others
Throughout the duration, overall throughput in the Southeast Coast and Others area reduced by 2.8% YoY to 2,704,696 TEU (1H2025: 2,783,306 TEU) and represented 3.4% of the Group’s overall throughput. Overall equity throughput of Southeast Coast and Others area increased by 3.0% YoY to 2,131,636 TEU (1H2025: 2,070,554 TEU) and represented 8.7% of the Group’s overall equity throughput. Xiamen Ocean Gate Container Terminal Co., Ltd. continued to reinforce its terminal center ability, and through the intro of brand-new path services in the very first half of the year, the overall throughput increased by 6.8% YoY to 1,366,387 TEU (1H2025: 1,279,547 TEU).
Pearl River Delta
Throughout the duration, overall throughput of the Pearl River Delta area increased by 6.5% YoY to 15,577,680 TEU (1H2025: 14,633,421 TEU) and represented 19.4% of the Group’s overall throughput. Overall equity throughput of the Pearl River Delta area increased by 4.6% YoY to 4,237,042 TEU (1H2025: 4,052,292 TEU) and represented 17.3% of the Group’s overall equity throughput. Driven by trade need from emerging markets such as Southeast Asia, Guangzhou South China Oceangate Container Terminal Company Limited effectively presented several brand-new shipping paths, driving a 7.4% YoY boost in overall throughput to 3,221,826 TEU (1H2025: 3,001,192 TEU).
Southwest Coast
Throughout the duration, overall throughput of the Southwest Coast area reduced by 4.0% YoY to 4,569,124 TEU (1H2025: 4,758,500 TEU), accounting for 5.7% of the Group’s overall throughput. Overall equity throughput of the Southwest Coast area reduced by 1.2% YoY to 997,971 TEU (1H2025: 1,010,027 TEU) and represented 4.1% of the Group’s overall equity throughput. Due to market volatility and modifications in freight mix, overall throughput and equity throughput in the Southwest Coast area taped a YoY reduction.
Abroad
Throughout the duration, overall throughput in abroad terminals increased by 18.0% YoY to 21,137,830 TEU (1H2025: 17,905,846 TEU) and represented 26.4% of the Group’s overall throughput. Overall equity throughput in abroad terminals increased by 12.4% YoY to 7,576,639 TEU (1H2025: 6,743,202 TEU) and represented 30.9% of the Group’s overall equity throughput. Piraeus Container Terminal Single Member S.A. (“Piraeus Terminal”) tape-recorded a 2.9% YoY decline in overall throughput to 1,995,150 TEU (1H2025: 2,054,895 TEU), due to softening market need in the Mediterranean area and unfavorable weather. CSP Abu Dhabi Terminal L.L.C. (“CSP Abu Dhabi Terminal”) taped a 44.3% YoY decline in overall throughput to 442,977 TEU (1H2025: 795,758 TEU), impacted by geopolitical stress in the Middle East. COSCO SHIPPING Ports Chancay PERU S.A. (“CSP Chancay Terminal”) has actually been actively advancing passage advancement, deepening synergies with the moms and dad Company’s dual-brand operations, and constantly improving its path network design. In the very first half of the year, the terminal accomplished a path network of 3 primary lines and 5 feeder lines, even more reinforcing its local connection and driving a 68.2% YoY boost in overall throughput to 201,773 TEU (1H2025: 119,945 TEU).
POTENTIAL CUSTOMERS
Because the start of 2026, in the middle of ongoing deep modifications to the worldwide financial and trade landscape and increasing geopolitical unpredictabilities, COSCO SHIPPING Ports has actually stayed dedicated to top quality advancement as its overarching top priority. The Company has actually regularly reinforced its core center design and international network strength, while completely leveraging synergies with COSCO SHIPPING Group and the Ocean Alliance. In the very first half of the year, the Company’s overall throughput and revenue attributable to equity holders preserved a YoY boost, with constant enhancements in functional quality and effectiveness.
Looking ahead, worldwide organizations consisting of the World Bank Group and the International Monetary Fund have actually successively devalued their worldwide financial development projections. The World Bank tasks that international financial development will moderate from 2.9% in 2025 to 2.5% in 2026, while the IMF has actually modified its 2026 worldwide development projection to 3%, showing the effect of stress in the Middle East. Modifications in the international trade policy environment and variations in energy costs have actually put particular pressure on product trade development. Versus this background, the Chinese economy has actually shown strong strength. According to stats from the General Administration of Customs of China, in the very first half of the year, the overall worth of items imports and exports reached RMB25.47 trillion, representing a YoY boost of 16.9%. Of this, exports totaled up to RMB14.73 trillion, a YoY boost of 13.4%; imports amounted to RMB10.74 trillion, a YoY boost of 22.1%. China’s trade with emerging markets such as ASEAN and Latin America has actually continued to deepen, while the share of high-value-added items, consisting of electrical cars, lithium batteries and photovoltaic items, has actually progressively increased. These advancements have actually offered strong assistance for the advancement of the port market.
In the face of increased external unpredictabilities, the Company will stay customer-centric and continue to optimise its international terminal network resource allotment. It will speed up financial investment in emerging markets, local markets and third-country markets, pursuing controlling stakes in tactical centers while taking minority stakes in essential entrance ports as market conditions allow. The Company will likewise improve its primary and feeder network design to attain interconnected and collaborated advancement throughout its terminals. It will speed up the advancement of port-side logistics parks and supply chain extension services, developing incorporated resource synergies to offer consumers with effective and hassle-free port logistics supply chain options.
Centred on its core port operations, the Company will continue to deepen lean operations and improve its total competitiveness. It will enhance center port advancement, raising the service capability of essential centers consisting of CSP Wuhan Terminal, Piraeus Terminal, CSP Abu Dhabi Terminal and CSP Chancay Terminal. In action to the progressing geopolitical circumstance in the Middle East, the Company will carefully keep track of advancements, improve contingency strategies and information-sharing systems, and continue to optimise feeder network designs and multi-modal logistics passages to boost supply chain durability. This will allow it to supply more dependable port logistics services to local clients and successfully address obstacles developing from external modifications. Under the brand-new landscape of shipping alliances, the Company will enhance its path network through targeted marketing, actively react to market modifications and path changes, continue to present brand-new paths and protected extra calls. By enhancing service quality, it will enhance its competitive benefit and sustain consistent development in its core service.
In regards to green and low-carbon advancement, the Company will actively cultivate brand-new quality efficient forces in the port and shipping market and lead the sector’s change and updating. It will continue to advance full-process automation at its terminals, deepen the application of AI and other innovations throughout all elements of port operations, and speed up digitalisation to make it possible for information connection and collective synergy throughout systems. The Company will likewise extend its conventional cargo-handling service towards incorporated logistics services, actively establishing incorporated “shipping + port + logistics” service offerings. With a concentrate on structure green and low-carbon ports, it will even more improve its energy management platform, broaden using tidy energy, and actively take part in the green fuel supply chain to establish full-chain green and low-carbon items, setting market standards and developing brand-new benefits for sustainable advancement.
About COSCO SHIPPING Ports (https://ports.coscoshipping.com)
COSCO SHIPPING Ports Limited (Stock Code: 1199) is a leading ports logistics company on the planet and its terminals portfolio covers the 5 primary port areas and the middle and lower reaches of the Yangtze River in China, Europe, the Mediterranean, the Middle East, Southeast Asia, South America and Africa, and so on. As at 30 June 2026, COSCO SHIPPING Ports ran and handled 394 berths at 40 ports worldwide, of which 245 were for containers.
Structure on the brand name viewpoint of “The Ports for ALL”, COSCO SHIPPING Ports has actually developed its business objective of “Connecting Different Worlds” and is dedicated to keeping a customer-centric technique to constantly enhance the service and capability of its worldwide network and improve the tactical positioning of essential node ports and optimise logistics resource circulation. Leveraging ports as a channel to link worldwide shipping services and serve international trade, the Company is devoted to developing a platform for shared advantages and shared successes for all stakeholders included with a vision of ending up being “the leading international port logistics provider with a customer-oriented focus”.
Please go to the Company’s site (https://ports.coscoshipping.com) and the designated site of Hong Kong Exchanges and Clearing Limited (https://www.hkexnews.hk) for 2026 Interim Results Announcement.
Subject: Press release summary