Cosco Shipping profit up in first half

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COSCO SHIPPING Holdings reported higher earnings for the first half of 2025, citing stronger container volumes on intra-Asia, Africa/Latin America and mainland China routes, while acknowledging that market conditions remained “volatile” due to tariff changes and geopolitical tensions. 

Group revenue rose 7.78% year on year to RMB 109.10 billion. Profit attributable to equity holders increased 3.90% to RMB 17.53 billion, with basic earnings per share of RMB 1.12. EBIT reached RMB 25.48 billion, up 3.35%.

Container liftings totaled 13.281 million TEU, up 6.59%, while the terminal business handled 74.296 million TEU, up 6.35%. 

Volumes rose 5.21% on intra-Asia routes, 11.95% in other international regions including the Atlantic, and 9.53% in mainland China.

By revenue, Trans-Pacific services increased 2.13%, Asia-Europe declined 3.93%, intra-Asia rose 13.82%, other international grew 18.79%, and mainland China was up 12.28%.

Net operating cash inflow was RMB 25.78 billion. The asset-liability ratio stood at 43.25%.

The self-operated fleet comprised 557 vessels with capacity exceeding 3.4 million TEU, with an orderbook of about 910,000 TEU.

ΘThe company has ordered 42 methanol dual-fuel containerships totaling 780,000 TEU and is retrofitting existing ships. Its vessel COSCO SHIPPING Yangpu completed green-methanol bunkering and a maiden voyage at Yangpu.