After the decline in economic results recorded in 2023 which followed the highest performance ever achieved in 2022 by the Chinese group COSCO Shipping Holdings as follows as well as by the other major world companies operating in the sector containerized maritime transport, as well as other leading companies in the sector in 2024 also the group of Shanghai marked a significant recovery in results both economic and operational.

Last year, COSCO Shipping Holdings' revenues were amounted to 233.9 billion yuan (about 32 billion dollars), with an increase of +33.3% on 2023, of which 226.0 billions of yuan generated by transportation activities containerized shipping (+34.4%) and 10.8 billion from terminal units (+4.0%). Operating profit was of 59.0 billion yuan (+139.4%), with a contribution of 57.5 billion by containerized shipping (+154.9%) and by 1.7 billion by port terminals (-10.6%). The Chinese group closed the financial year annual 2024 with a net profit of 55.6 billion yuan (+95.8%), of which 50.1 billion generated by its container fleet (+123.3%) and 2.8 billion from its port terminals (+0.8%).

Last year, the group's fleet of container ships transported a total of containerized cargo equal to 25.9 million 20-foot containers (TEUs), an increase of +10.1% on 2023. On the intra-Asian routes alone, 8.9 million TEUs transported (+11.1%), an activity that generated revenues of 53.9 billion yuan (+22.9%). Services Chinese national group transported nearly 5.6 million TEU (+28.9%) with related revenues of 12.1 billion yuan (+6,2%). On transpacific routes, the volumes carried by ships amounted to 4.8 million TEUs (+13.0%) and the related revenues were they stood at 65.9 billion yuan (+63.2%). Scheduled services Asia-Europe/Mediterranean transported 3.8 million TEUs (-13.3%) and in this market revenues totaled 46.5 billion yuan (+41.0%). On other international routes, ships transported 2.9 million TEUs (+10.4%) with related revenues which amounted to 32.9 billion yuan (+27.2%).

In 2024, the only ships of COSCO Shipping Lines, which is the group's main shipping company and is wholly owned by COSCO Shipping Holdings, transported a total of 18.3 million TEUs (+13.1%), activities which produced revenues of 144.0 billion yuan (+36.8%).

In the fourth quarter of 2024 alone, COSCO Shipping's revenues Holdings amounted to 59.1 billion yuan, an increase +44.8% compared to the last quarter of the previous year, of which 57.1 billions generated by the core business of containerized shipping (+47,2%). Operating profit was 6.9 billion (-216.4%), of which €8.6 billion from transportation activities containerized maritime (-283.1%). Net profit was equal to €12.2 billion (+411.7%), with a contribution of €10.9 billion containerized shipping (+1,193.0%).

In the last quarter of 2024, the group's fleet of ships transported goods in containers for a total of 6.9 million TEU (+13.1%). On intra-Asian routes, the volumes transported were 2.3 million TEUs (+10.0%), activities that generated revenues of 14.7 billion yuan (+40.3%). On the routes Chinese domestic volumes amounted to 1.6 million TEUs (+35.7%) with revenues of 3.6 billion yuan (+24.2%). Services transpacifics transported over 1.2 million TEUs (+15.2%), with related revenues of 16.1 billion yuan (+64.0%). The volumes carried by Asia-Europe/Mediterranean services amounted to 924 thousand TEUs (-11.5%) with revenues of 10.0 billion (+53.0%). On Other international routes The Group's ships have transported 783 thousand TEUs (+17.6%) with related revenues of 9.1 billion yuan (+59,3%).