COSCO Shipping Ports

COSCO SHIPPING Ports exceeds 35M TEUs, reports over US$380M in Q1 revenue

COSCO SHIPPING Ports has announced a total throughput of 35.75 million TEUs in the first quarter of 2025, translating to a 7.5% increase over the same period last year.

Additionally, the Chinese operator has generated revenue of US$381.5 million, representing a 14.7% growth year-on-year. The company has also recorded a Q1 profit attributable to equity holders of US$83.9 million, translating to an increase of 33.5% over the same quarter in 2024, while its gross profit increased by 20.2%...

https://container-news.com/cosco-shipping-ports-exceeds-35m-teus-reports-over-us380m-in-q1-revenue/

CK Hutchison’s earnings highlight necessity of terminals in liner shipping

CK Hutchison’s port operations experienced an 11% surge in sales in 2024, bringing its revenue almost on par in US dollar terms with Singapore’s PSA International, positioning both among the top revenue-generating global port groups.

The port operations of Hong Kong-based CK Hutchison, controlled by tycoon Li Ka-shing, generated revenue of HK$45.28 billion (US$5.8 billion) in 2024. In comparison, PSA International’s 2024 revenue was up 9% year-on-year, to S$7.72 billion (US$5.69 billion)

This...

https://container-news.com/ck-hutchisons-earnings-highlight-necessity-of-terminals-in-liner-shipping/

China’s Plans for Southeast Asia Amid US Tensions: No Concrete Developments Yet

Since December 2024, with the realization that US President Donald Trump is likely to pursue an aggressive trade war strategy in his second term, China has been intensifying its economic and strategic activities in Southeast Asia.

Trump’s trade war rhetoric, including threats of 60% tariffs on Chinese goods, has prompted Beijing to accelerate its “Maritime Silk Road” initiative under the Belt and Road Initiative (BRI).

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https://container-news.com/china-plans-for-southeast-asia-amid-us-tensions/

COSCO SHIPPING Ports sees strong start to 2025

COSCO SHIPPING Ports has kicked off the year with a notable 8% year-on-year growth, reaching 9,419,200 TEUs in January.

The company’s terminals in China, particularly in the Yangtze River Delta, performed exceptionally well, with Wuhan’s throughput soaring by 76.8% compared to the same period last year.

Overseas terminals also demonstrated strong performance, achieving a 16.2% year-on-year growth. Key overseas facilities, such as Piraeus Container Terminal in Greece, CSP Spain, and Belgium’s CSP...

https://container-news.com/cosco-shipping-ports-strong-start-2025/

COSCO and DP World: Contrasting Geo-Strategies Shaping Global Maritime Trade

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The post COSCO and DP World: Contrasting Geo-Strategies Shaping Global Maritime Trade

https://container-news.com/cosco-and-dp-world-contrasting-geo-strategies-shaping-global-maritime-trade/

COSCO invests US$110 million in Thai container terminals

COSCO SHIPPING Ports has acquired 12.5% and 30% equity stakes in Thai Laemchabang Terminal (TLT) and Hutchison Laemchabang Terminal (HLT), respectively.

The signing ceremony took place in Vietnam on 23 October.

The consideration for the acquisition is approximately US$110 million, which includes Berth A2 in TLT, Berths A3, C1-C2 and D1-D3 in HLT, where D1-D3 is partly under construction. The total annual capacity will be about 6.7 million TEUs, once all the facilities are fully completed and...

https://container-news.com/cosco-invests-us110-million-in-thai-container-terminals/

Μείωση κατά 10,7% στη διακίνηση εμπορευματοκιβωτίων στο λιμάνι του Πειραιά

Το 8μηνο του 2024 από τις προβλήτες ΙΙ και ΙΙΙ φέτος διακινήθηκαν 2,720 εκατ. εμπορευματοκιβώτια, έναντι 3,046 εκατ. το ίδιο διάστημα του 2023

https://www.newmoney.gr/roh/palmos-oikonomias/nautilia/miosi-kata-107-sti-diakinisi-emporevmatokivotion-sto-limani-tou-pirea/

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