COSCO SHIPPING Ports Limited, a global leader in port logistics services, has released its results for the third quarter and first nine months of 2025, highlighting steady growth across key metrics.
Q3 2025 Highlights
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Total throughput rose 4.2% year-on-year (YoY) to 38.98 million TEU.
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Equity throughput increased 1.6% YoY to 11.92 million TEU.
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Revenue climbed 7.4% YoY to US$428.7 million.
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Profit attributable to equity holders reached US$82.5 million, up 0.8% YoY.
First Nine Months 2025 Highlights
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Total throughput grew 5.6% YoY to 113.28 million TEU.
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Equity throughput rose 3.0% YoY to 34.80 million TEU.
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Revenue increased 11.4% YoY to US$1.23 billion.
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Profit attributable to equity holders surged 19.6% YoY to US$264.3 million.
Operational Review – China Terminals
Terminals in China handled 29.5 million TEU in Q3, up 3.1% YoY, representing 75.7% of the Group’s total throughput. Equity throughput in China rose 1.3% to 8.42 million TEU.
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Bohai Rim: Throughput grew 5.1% to 13.54 million TEU, while equity throughput slightly dipped 0.4% to 3.48 million TEU. Dalian Container Terminal recorded steady growth.
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Yangtze River Delta: Throughput increased 1.9% to 4.35 million TEU, supported by Shanghai Mingdong Container Terminals and Wuhan CSP Terminal’s strong international and intermodal growth.
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Southeast Coast: Throughput fell 4.9% to 1.41 million TEU, but equity throughput rose 3.0% to 1.10 million TEU, driven by Xiamen Ocean Gate’s post-tariff recovery.
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Pearl River Delta: Overall throughput remained stable at 7.71 million TEU; equity throughput rose 1.5% to 2.08 million TEU, supported by Guangzhou South China Oceangate’s new trade routes.
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Southwest Coast: Throughput climbed 10.7% to 2.49 million TEU, with equity throughput up 12.6% to 526,146 TEU, led by Beibu Gulf Port’s ongoing development.
Overseas Terminals
Throughput overseas increased 7.6% to 9.48 million TEU, accounting for 24.3% of total volume. Equity throughput grew 2.2% to 3.50 million TEU. CSP Zeebrugge Terminal saw a 24.1% increase, while Piraeus Terminal faced a 14.8% decline due to slower Mediterranean demand.
Looking Ahead
Despite global trade uncertainties, COSCO SHIPPING Ports leveraged its network and alliances to achieve growth in throughput and profits. The WTO raised its 2025 global trade growth forecast to 2.4%, though 2026 projections remain challenging.
The company plans to focus on optimizing its global network, enhancing operational efficiency through lean management and digitalization, and promoting green, smart port initiatives to sustain long-term growth.
