On August 28, COSCO Shipping Holdings Co., Ltd. (hereinafter referred to as “COSCO Shipping Holdings”) released its 2025 semi-annual report.
In the first half of 2025, COSCO Shipping Holdings achieved operating revenue of RMB 109.099 billion (approximately US$15.296 billion), a year-on-year increase of 7.78%; achieved earnings before interest and taxes (EBIT) of RMB 25.494 billion (approximately US$3.574 billion), a year-on-year increase of 3.40%; achieved net profit of RMB 20.208 billion (approximately US$2.833 billion), a year-on-year increase of 4.95%; net profit attributable to shareholders of the listed company was RMB 17.536 billion (approximately US$2.459 billion), a year-on-year increase of 3.95%.
In the first half of this year, the company achieved earnings before interest and taxes (EBIT) of US$3.551 billion, placing it at the forefront of global liner companies in terms of profitability compared to its peers. In terms of net profit, COSCO Shipping Holdings recorded US$2.815 billion, also higher than most competitors in the industry.
COSCO SHIPPING Holdings has performed particularly well in the global shipping market. With a fleet of 557 vessels and a total capacity exceeding 3.4 million TEUs, and 910,000 TEUs of new ship orders on hand, the company firmly ranks among the top global players.
COSCO SHIPPING Holdings completed a cargo volume of 13.28 million TEUs in the first half of the year, ranking among the top in the world. Despite its leading business volume, it maintained a high EBIT margin of 23%.
In the first half of the year, COSCO Shipping Holdings completed a cargo volume of 13.2809 million TEUs, a year-on-year increase of 6.59%; among which, the trans-Pacific route increased by 4.72%, the Asia-Europe route increased by 3.88%, the intra-Asia region increased by 5.21%, and the emerging markets such as Latin America and Africa increased by 11.95%. The Chinese mainland market also maintained a double-digit growth of 9.53%.
In terms of route network, COSCO SHIPPING Holdings relies on the “Ocean Alliance” to continuously optimize capacity allocation and route layout, flexibly allocate capacity on core routes such as the Far East to Europe, the United States and the Atlantic, while increasing supply to regional markets such as Southeast Asia and South Asia. During the reporting period, the company strengthened its layout in hubs such as Qiankai Port, Yangpu Port and Piraeus Port to create a global service pattern of “hub + channel + network”.
In the port sector, COSCO SHIPPING Ports achieved a total throughput of 74.296 million TEUs, a year-on-year increase of 6.35%, of which the holding terminals handled 16.482 million TEUs, a year-on-year increase of 3.57%.
COSCO SHIPPING Holdings noted that its terminal business achieved both revenue and profit growth by strengthening its core hub layout and improving operational efficiency. As of the end of June, COSCO SHIPPING Ports operated and managed 379 berths in 39 ports worldwide, including 230 container berths, with a total annual handling capacity of approximately 125 million TEUs, ranking third globally in equity throughput.
It is worth noting that in terms of green transformation, COSCO Shipping Holdings has placed orders for a total of 42 new methanol dual-fuel ships with a total capacity of 780,000 standard containers, and plans to promote the methanol conversion of existing ships.