The board secretaries and investor relations teams of nine listed companies under COSCO SHIPPING Group, including COSCO SHIPPING Holdings, COSCO SHIPPING Specialized Carriers, COSCO SHIPPING Technology, COSCO SHIPPING Ports, and Orient Overseas International, answered questions raised by investors.
On June 11, COSCO SHIPPING Group held the third “COSCO SHIPPING Capital Markets Day” event in Shenzhen.
Management and investor relations teams from nine A-share and H-share listed companies under COSCO SHIPPING Group, including COSCO SHIPPING Holdings, COSCO SHIPPING Specialized Carriers, COSCO SHIPPING Technology, COSCO SHIPPING Ports, and Orient Overseas International, conducted in-depth communication and exchanges with over a hundred researchers, fund managers, and investment heads from various types of investment institutions, as well as analysts from domestic and international major securities firms and strategic investment shareholders of the listed companies.
The board secretaries and investor relations teams of the nine listed companies introduced to investors the corporate development strategies, operational conditions, and latest industry trends, and answered questions raised by investors in small-group exchange meetings.
Regarding the question of what countermeasures the company has taken in response to the continued tension in the Middle East, COSCO SHIPPING Holdings stated that the container shipping capacity involved in Middle East routes accounts for a relatively small proportion of global total capacity, and the impact of the regional situation is generally limited. For COSCO SHIPPING Holdings, the revenue from related routes accounts for a relatively small proportion of total revenue, and the impact on its revenue side is relatively limited.
Currently in the container shipping market, some liner companies have still not resumed booking for Middle East routes. To meet the cargo demand of a broad range of customers for this trade flow, COSCO SHIPPING Holdings resumed services to the Middle East region on March 25, that is, resuming new booking business (standard containers) from the Far East to countries in the Middle East region including the UAE, Saudi Arabia, Bahrain, Qatar, Kuwait, Iraq, and Oman via multimodal transport.
Currently, COSCO SHIPPING Holdings has completed multiple batches of cargo transportation and gained good market recognition, with the loading rates of completed voyages reaching full capacity. However, COSCO SHIPPING Holdings also indicated that, given the uncertainty of the situation in the Middle East region, the arrangement of new booking business and actual transportation conditions may be subject to change.
An investor asked about the operational situation of COSCO SHIPPING Group’s car carrier business. COSCO SHIPPING Specialized Carriers stated that since the beginning of this year, the company has continuously strengthened direct cooperation with Chinese OEMs, renewed COA contracts with several Chinese OEMs, optimized liner routes, and built end-to-end logistics transportation service products, maintaining overall stable operations.
The long-term logic of the Chinese automotive industry “going global” remains strong, and the recent marginal improvement in the trade environment has injected positive signals into the market. Although new vessel deliveries bring supply increments, the pressure to phase out old, high-energy-consuming vessels, along with the restrictions of new environmental regulations on operational efficiency, will moderate the actual growth of effective capacity.
Regarding the rapid development of new technologies such as artificial intelligence and big data, the direction of digital and intelligent transformation in the shipping industry becoming clearer and more defined, and how the company will respond and plan for the future, COSCO SHIPPING Technology stated that it will follow the trends of digital intelligence and green low-carbon development, focus on the AI赛道, and adhere to the coordinated development of technological self-reliance and empowerment of business scenarios.
In terms of data, algorithms, and computing power, COSCO SHIPPING Technology will maintain R&D investment intensity, focus on empowering the upstream and downstream industrial chains of the shipping industry, expand and strengthen the digital shipping and supply chain business, and achieve industrial innovation driven by technological innovation.
COSCO SHIPPING Technology stated that it will focus on four aspects in the future:
First, promote the integration of AI technology services throughout the entire lifecycle of shipping, serving the transformation and upgrading of the shipping industry with innovative technology.
Second, accelerate the expansion of shipping and logistics digital products into areas such as maritime supervision and inland river basins, and explore opportunities for business going overseas.
Third, explore the integration of “systems + equipment + services”, integrating ship-side perception, network security, computing, and control capabilities.
Fourth, build an industry ecosystem through open data services, model capabilities, and technology platforms, amplifying synergies.
Regarding the operational results and future development of the Chancay Port in Peru, COSCO SHIPPING Ports responded that since the Chancay Port in Peru opened over a year ago, its operational performance has consistently exceeded expectations, and it has grown from a “new port” into one of the most dynamic trade hubs on the west coast of South America.
First, the economic benefits are significant. For the full year 2025, the Chancay Port contributed over 1 billion Soles (approximately USD 298 million) in direct taxes to Peru. The Peruvian Minister of Economy and Finance publicly commented that this reflects both the growing vitality of the port and confirms its strategic importance to Peru’s foreign trade. In its first year of operation, container throughput exceeded 330,000 TEUs, bulk and general cargo handled exceeded 1.4 million tons, and a total of 354 vessel calls were serviced for the year. For a new port still in its ramp-up phase, this performance is sufficiently impressive.
Second, it is not just about “berthing ships”, but more committed to “building chains”. Aiming to serve key customers, COSCO SHIPPING Ports is making every effort to build distribution centers for automobiles, home appliances, etc., exported from China to South America, allowing “Made in China” to reach households across Latin America faster from Chancay Port. At the same time, COSCO SHIPPING Ports is actively strengthening in-depth cooperation with industries and enterprises in Peru and the Latin American region, proactively providing industry-specific supporting solutions for advantageous export cargo types such as fruits, mineral powder, fishmeal, and timber.
Third, the radiation network continues to be densified. As of the end of 2025, the Chancay Port has opened “three main routes and four feeder routes”, covering multiple Latin American countries including Mexico, Ecuador, and Chile. Currently, COSCO SHIPPING Ports is promoting further upgrades to the main and feeder line network, expanding the radiation range, and enhancing transshipment capacity.
Finally, technology and green development are equally emphasized. As the first smart green port in South America, the Chancay Port is fully equipped with automated quay cranes, rail-mounted gantry cranes, and intelligent trucks, achieving full-process intelligent management and setting a regional benchmark.
Looking ahead, COSCO SHIPPING Ports stated that the Chancay Port is steadily moving from a “new regional port” towards an “important hub port”. As utilization rates increase, the feeder network densifies, and the hinterland economy becomes deeply integrated, its strategic value and profit contribution will be continuously released over the next three to five years, becoming an important engine for COSCO SHIPPING Ports’ overseas growth.
Furthermore, regarding COSCO SHIPPING Ports’ future acquisition and investment direction, the company responded that its strategic direction is very clear: focus on emerging markets, deeply cultivate high-growth regions, and prioritize investment in industrial chain resources with global influence.
In the future, its acquisitions will focus on three dimensions: regionally, targeting Southeast Asia, Africa, and Latin America; in terms of target selection, prioritizing key nodes for new capacity from shipping alliances; and in terms of investment model, adhering to a flexible strategy of controlling stakes as the main approach, supplemented by key minority investments.
COSCO SHIPPING Ports emphasized that its acquisitions are not “buying for the sake of buying”, but rather precisely deploying and efficiently laying out around the new arteries of global trade, continuously improving network resilience and profitability quality.
Regarding the question of future corporate capital expenditure and investment areas, Orient Overseas International explained that future capital expenditure plans are formulated around the development strategy, including continuing to commit to fleet upgrading and growth, and reducing unit container costs through efficient and large-scale fleet operations.
In addition, Orient Overseas will continue to promote the establishment of an end-to-end supply chain ecosystem in line with the “shipping + port + logistics” direction, strengthen the stickiness of the upper and lower ends of the supply chain through various methods such as investment and cooperation, extend services from the ocean to inland, and enhance the ability to withstand shipping risks through diversified network layouts and corridor construction.
Orient Overseas will also strengthen the investment and application of green technologies. Among its new vessel orders, 33 vessels are dual-fuel container ships. At the same time, the company is also gradually increasing the use of biofuels, taking practical actions to support the realization of green environmental goals. In the future, Orient Overseas will continue to deepen the development and application of digital intelligence in all aspects, improve operational efficiency, and reduce operating costs.
