COSCO SHIPPING Ports reported higher revenue and container throughput during the third quarter of 2026, supported by strong growth across its overseas terminal portfolio.
Revenue increased by 13% year on year to US$484.3 million. Gross profit rose by 19.3% to US$128.1 million, while operating profit reached US$81 million.
Profit attributable to shareholders remained broadly stable at US$82.6 million, compared with US$82.5 million in the same quarter last year.
For the first nine months of 2026, revenue increased by 12.6% to US$1.39 billion. Profit attributable to shareholders rose by 19.7% to US$316.3 million.
Total throughput across the company’s terminal portfolio increased by 8.4% to 42.27 million TEU during the quarter. Equity throughput rose by 8.1% to 12.88 million TEU.
The quarterly filing includes terminals omitted from COSCO SHIPPING Ports’ regular monthly statistics. This explains the difference from the 32.6 million TEU third-quarter figure previously reported by Container News.
Overseas terminals handled 11.32 million TEU, an increase of 19.4%. They accounted for 26.8% of the group’s total quarterly throughput.
Piraeus Container Terminal recorded an 11.4% increase to 1.09 million TEU. Meanwhile, CSP Chancay Terminal handled 139,669 TEU, representing growth of 24.9%.
Suez Canal Container Terminal processed 1.66 million TEU, up 8.4%, while Red Sea Gateway Terminal reported growth of 19.8% to 899,226 TEU.
Antwerp Gateway increased its throughput by 16.3% to 684,232 TEU. However, CSP Abu Dhabi Terminal recorded a 76.4% decline to 97,734 TEU.
COSCO SHIPPING Ports’ terminals in China handled 30.94 million TEU during the quarter, up 4.9%. They accounted for 73.2% of the company’s total throughput.
Bohai Rim volumes increased by 4.3% to 14.12 million TEU. Pearl River Delta terminals handled 8.3 million TEU, representing growth of 7.6%.
Throughput across the Southeast Coast region also rose by 7.6% to 1.51 million TEU, while Southwest Coast volumes increased by 7.3% to 2.67 million TEU.
The Yangtze River Delta was the only Chinese region to report a decline. Its throughput fell by 0.3% to 4.34 million TEU.
During the first nine months of 2026, COSCO SHIPPING Ports handled 122.42 million TEU across its complete terminal portfolio. This represents an increase of 8.1% compared with the corresponding period last year.
The company said it will continue seeking controlling interests in strategic hub ports and equity stakes in key gateway facilities. It also plans to strengthen its terminal network along the Suez Canal route as traffic recovers.
