COSCO SHIP HOLD (01919) has released its interim results for the six-month period ending June 30, 2026, showing revenue of RMB 111.922 billion, a year-on-year increase of 2.59%. However, profit attributable to equity holders of the company stood at RMB 13.393 billion, representing a decrease of 23.59% compared to the same period last year.
Basic earnings per share reached RMB 0.88, with an interim dividend of RMB 0.43 per share proposed. During the reporting period, the Group remained committed to strengthening its core business operations, systematically advancing the scaled development of its container fleet while upgrading the capacity structure through a combination of new vessel acquisitions and chartered vessels to continuously consolidate its scale advantages.
As of the end of July 2026, COSCO SHIP HOLD operated a self-operated container fleet of 606 vessels with a capacity of approximately 3.66 million TEUs. The company held orders for 82 self-owned newbuild vessels totaling approximately 1.18 million TEUs in capacity, along with chartered vessel orders under construction of approximately 0.5 million TEUs. Combined existing capacity and order book capacity have surpassed 5.3 million TEUs.
While enhancing the Group's competitive edge on traditional European and American trunk routes, these initiatives are designed to provide more stable and reliable long-term capacity resources for expanding into emerging markets, regional markets, and third-country markets, while laying a solid foundation for fleet renewal and upgrades. COSCO SHIP HOLD is actively responding to market uncertainties with its own operational stability, continuously strengthening its global competitiveness for the future.
The company remains customer-centric, consistently optimizing its global route network with a focus on strengthening trunk and feeder connectivity and regional coordination across core hub ports including Chancay, Yangpu, Piraeus, and Abu Dhabi, thereby enhancing service capabilities in key regional markets. In terms of trunk and feeder route development, the company has expanded its global trade connectivity across Latin America, Southeast Asia, and Africa. In building inland corridors, the company has iteratively upgraded its China-Europe Land-Sea Express Iberia rail-sea intermodal system and the New Western Land-Sea Corridor rail-sea intermodal routes.
In the first half of this year, amid tensions in the Middle East, the company leveraged the coordination between safe ports along the Gulf of Oman and the Abu Dhabi core hub port to establish a stable and efficient alternative transportation network. Meanwhile, the dual brands, together with Ocean Alliance members, launched the DAY10 product, featuring 42 premium route groups and over 500 direct port-to-port services, supported by comprehensive land-sea logistics. This one-stop stable shipping solution has earned market recognition and solidified the company's market position.
During the reporting period, the Group achieved robust freight volume growth across its transpacific, Asia-Europe, intra-Asia (including Australia), and domestic trade routes, with year-on-year increases of 9.72%, 12.44%, 5.34%, and 9.97%, respectively. COSCO SHIP HOLD has been coordinating its domestic and international supply chain resource deployment, deepening its commitment to full-chain product offerings, sales, operations, and customer service to comprehensively enhance global supply chain service capabilities.
In the first half of the year, the company focused on meeting the needs of key regions and strategic customers, accelerating the development of its domestic and international supply chain resource networks. This included advancing the acquisition of global port terminal and supporting logistics assets, developing differentiated full-chain products, building comprehensive marketing and service networks, and improving the integrated efficiency of vessel, container, and cargo operations. Rail, warehousing, and customs-related businesses at home and abroad maintained rapid growth, with service capabilities for key industries such as automotive, wind power, chemicals, and cross-border e-commerce continuing to improve. The full-chain product system has been progressively refined with continuously enhanced integrated service capabilities.
For home appliance customers requiring concentrated factory shipments, the company has tailored an integrated end-to-end logistics solution from China to Europe, covering domestic land transport, international ocean shipping, and European last-mile delivery with full visibility management across all segments. Through the innovative integration of overseas pre-positioned warehousing and integrated port-warehouse operations, order delivery cycles have been significantly shortened, substantially improving delivery stability and customer inventory flexibility during peak seasons.
During the reporting period, the Group's global supply chain business achieved steady growth, with the container shipping segment generating supply chain revenue (excluding ocean freight) of RMB 24.09 billion, an increase of 11.61% year-on-year.
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