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COSCO SHIPPING Ports Q3 profit rises 0.1% to US$82.6 million, throughput up 8.4%

Hong Kong, October 29, 2026: COSCO SHIPPING Ports Limited reported a 0.1% year-on-year increase in profit attributable to equity holders to US$82.59 million for the third quarter ended September 30, 2026, with total throughput rising 8.4% to 42,266,553 TEU.

The company’s revenue for the quarter climbed 13.0% year-on-year to US$484.33 million, while equity throughput increased 8.1% to 12,884,563 TEU. Gross profit for the quarter grew 19.3% to US$128.1 million. For the first nine months of 2026, revenue reached US$1,389.67 million, up 12.6% year-on-year, with profit attributable to equity holders rising 19.7% to US$316.26 million and gross profit also up 12.6% to US$367.6 million.

Regional throughput performance

Terminals in China accounted for 73.2% of the group’s total throughput in the third quarter, with volumes up 4.9% year-on-year to 30,944,536 TEU. Bohai Rim region throughput grew 4.3% to 14,119,086 TEU, driven by a 6.7% increase at Dalian Container Terminal Co., Ltd. to 1,460,461 TEU, attributed to rising exports of high-tech products.

The Yangtze River Delta region saw a slight decline in total throughput, down 0.3% to 4,337,745 TEU, though equity throughput rose 1.6% to 1,267,657 TEU. CSP Wuhan Terminal posted a 17.0% increase in throughput to 87,112 TEU. Southeast Coast and Others region throughput increased 7.6% to 1,514,882 TEU, with Xiamen Ocean Gate Container Terminal Co., Ltd. achieving a 7.8% rise to 753,836 TEU after launching new foreign trade routes.

Pearl River Delta and overseas growth

Total throughput in the Pearl River Delta region rose 7.6% to 8,300,352 TEU, with Guangzhou South China Oceangate Container Terminal Company Limited reporting a 13.6% increase to 1,670,028 TEU, supported by growth in intra-Asia and Africa-bound routes. The Southwest Coast region saw throughput up 7.3% to 2,672,471 TEU, as Beibu Gulf Port Co., Ltd. accelerated development of its gateway and hub ports.

Overseas terminals recorded a 19.4% year-on-year increase in throughput to 11,322,017 TEU, accounting for 26.8% of the group’s total. Piraeus Container Terminal Single Member S.A. reported an 11.4% increase to 1,090,284 TEU, while COSCO SHIPPING Ports Chancay PERU S.A. achieved a 24.9% rise to 139,669 TEU after completing its “three mainlines and five feeders” route layout.

Sector outlook and company strategy

COSCO SHIPPING Ports said it continues to strengthen its global network and operational resilience amid ongoing geopolitical tensions and supply chain pressures. The company noted that both the International Monetary Fund and World Trade Organization have revised up their forecasts for global economic and goods trade growth, with China’s total goods imports and exports rising 18.8% year-on-year to RMB39.94 trillion in the first three quarters of 2026, according to the General Administration of Customs of China.

Looking ahead, the company plans to optimise its global resource layout, deepen operational synergies, and accelerate innovation in digital intelligence and green, low-carbon initiatives. COSCO SHIPPING Ports said it will focus on expanding in emerging markets, strengthening hub port capabilities, and advancing automation and clean energy adoption at its terminals.

Company background

As of September 30, 2026, COSCO SHIPPING Ports operated and managed 395 berths at 40 ports worldwide, including 245 container berths. The company’s portfolio spans China, Europe, the Mediterranean, the Middle East, Southeast Asia, South America, and Africa.


Disclaimer: This article is based on a press release provided by the concerned organisation and has been edited for style and clarity with the assistance of AI tools. BusinessFortnight does not verify, endorse, or take responsibility for the claims, figures, or statements made in the original release.

Ravindra Soni
Ravindra Sonihttps://businessfortnight.com
Senior journalist with 38 years of experience in print and digital media. Former Executive Editor. Founder and Editor of BusinessFortnight, covering business, economy, and policy news from Madhya Pradesh and across India.
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