Independent journal on economy and transport policy
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SHIPPING
COSCO Shipping, revenues +29% and useful +82%: the merit is noli, more than volumes
The transpacific market is the engine of accounts of the Chinese group
Hong Kong
October 29, 2026
In the third trimester of this year the portacontainer of the Chinese group COSCO Shipping Holdings Co. have transported goods in container pairs to 7,21 million teu, volume that represents an increase of +4.5% on the same period of 2025 and is the new record for the third trimester of the year. The new peak of volumes relative to the period July-september has been reached thanks to the new records for this trimester marked by the transports on the sun routes transpacifiche that have totaled 1,39 million teu (+13.0%), on the sun routes intra-Asian with 2,36 million teu enlivened (+1.9%) and on the other international routes that are results pairs to 805 thousand teu (+3.1%). On the routes Asia-Europe were transported 1,16 million teu (+14.5%) and on the Chinese national routes, the only market in which the volumes are diminished, 1,50 million teu (-4.2%).
Of the 7,21 million total teu, 5,09 million (+2.7%) have been transported from the shipping company COSCO Shipping Lines and about 2,12 million (+9.0%) from the shipping company OOCL.
The containerized volumes transported on the ships of the group in the third trimester of 2026 have generated revenues pairs to 67,80 billion yuan (10,2 billion dollars), with a rise of +30,9% consequent to the continuation of the increase of the value of the hires. Except for the Chinese national shipping segment, in which revenues showed a slight increase of +2.1% going up to 3,29 billion yuan, revenues in other markets marked strong increases: the revenues of the transpacifici services are piled to 23,45 billion (+61.2%), those of the services Asia-Europe 13,71 billion (+25.7%), the revenues of the intra-Asian services 16,29 billion (+18.1%) and the revenues in the other international markets 11,06 billion yuan (+18.7%).
In the third trimester of the 2026 the total revenues of the group have been attested to 75,69 billion yuan (+29.4%), of which 73,29 billion products from the division of the containerized shipping (+30.4%). The thrust comes from the edges: the ricavo for teu transported on the international routes has gone up to 1.658 dollars, against the 1,276 of the third trimester 2025 (+29.9%). Moreover, the transpacific ones are the routes that weigh more: alone they are worth 35% of revenues from trimester freights. On the Chinese routes, where the volumes decrease, the embroidery for teu has grown of approximately +6,6% (2.224 yuan against 2.086).
The quarterly operating profit has been of 25,80 billion (+50.0%) and the profit clearly of 19,28 billion (+82.0%), with contributions pairs respective to 22,8 billion (+57.2%) and 17,74 billion from the containerized marine transport (+94.9%).
The Chinese shipowning group, meanwhile, is continuing to expand its fleet that has gone up to 610 container ships for a capacity of hold 3,66 million teu (+1.7% from beginning 2026), to which 100 ships in order (1,46 million teu).
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