Singamas reported a sharp fall in container sales during the first half of 2026, while its two major listed competitors recorded growth.
The container manufacturer’s sales fell 49% year on year to 43,000 TEU, according to unaudited half-year figures.
At the same time, the average selling price of Singamas containers declined by around 12-13% to US$1,613 per TEU.
Singamas falls behind competitors
Singamas sold 43,000 TEU of new containers in the first half, down from 84,000 TEU during the same period in 2025.
Sales have also fallen considerably from the 93,000 TEU recorded in the first half of 2024.
In contrast, China International Marine Containers (CIMC) increased its sales by 2% year on year.
CIMC sold 1.25 million TEU during the first half of 2026, compared with 1.22 million TEU a year earlier.
COSCO unit records 13% growth
Shanghai Universal Logistics Equipment (SULE), part of COSCO Shipping Development, recorded the strongest growth among the three manufacturers.
Its container sales increased 13% to 958,600 TEU, up from 845,700 TEU in the first half of 2025.
SULE has also expanded significantly compared with the first half of 2024, when sales stood at 744,400 TEU.
Combined sales rise 5%
Despite the steep decline at Singamas, combined sales across the three manufacturers increased by 5% year on year.
| Manufacturer | H1 2026 | H1 2025 | H1 2024 | YoY |
|---|---|---|---|---|
| CIMC | 1,246,700 TEU | 1,217,900 TEU | 1,427,400 TEU | +2% |
| Singamas | 43,000 TEU | 84,000 TEU | 93,000 TEU | -49% |
| SULE | 958,600 TEU | 845,700 TEU | 744,400 TEU | +13% |
| Total | 2,248,300 TEU | 2,147,600 TEU | 2,264,800 TEU | +5% |
Together, the three companies sold around 2.25 million TEU of new containers during the first half of 2026.
