Thursday, June 26, 2025
Home Port News CMPort's increased box volumes to skyrocket H1 profits

CMPort’s increased box volumes to skyrocket H1 profits

The China Merchants Port Holdings Company Limited (CMPort) has announced double-digit growth in the container volumes both for home and abroad terminals, while it expects a profit surge of 170% during the first half of the year.

Firstly, CMPort saw a container throughput total increase of 21.3%, in comparison to the last year’s corresponding period, by handling more than 66 million TEU until June.

In particular, container traffic increased by 17% in Mainland China, Hong Kong, and Taiwan, while it rose by 36.4% overseas year-on-year. Additionally, CMPort’s container throughput has been significantly increased in West Shenzhen Homebase Port (WSZ) and TCP Participações S.A. in Brazil.

This container volume growth is expected to be the main driver of the significant rise of the group’s profits, marking a record increase of 170% in the first half of 2021, compared to the same period of the previous year.

Expected significant increase in sharing of profits from associate companies and expected gain on deemed disposal from the merger of Liaoning Port Co., Ltd have also played a positive role in the profits soar.





Latest Posts

New chapter in ship recycling begins as Hong Kong Convention enters into force

Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships has officially enterred into force, as of 26 June 2025. Adopted under...

StockSpace and Axione Development to establish warehouse facility in KEZAD

Khalifa Economic Zones Abu Dhabi (KEZAD) Group, in partnership with StockSpace and master developer Axione Development, has signed a 50-year land lease agreement to...

COSCO SHANGHAI to join AMERIGO service

CMA CGM announced that the vessel COSCO SHANGHAI will be phased into the AMERIGO Service, a key Transatlantic route connecting Southern Europe with the...

Maersk unveils “Trade & Tariff Studio” to simplify customs management

Maersk has launched Maersk Trade & Tariff Studio, an AI-driven customs-management platform. Lars Karlsson, Global Head of Trade & Customs Consulting at Maersk stated that...

Solstad renews partnership with Marlink

Solstad has renewed its long-standing partnership with Marlink to advance its digitalization strategy through to 2028. Under the new agreement, Marlink will deliver SealinkNextGen, a...
error: Content is protected !!