China-based Cosco Shipping Ports expects ‘limited’ impact from Iran conflict
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Cosco Shipping Ports, a China-based port operator, reported a 1.1% increase in net profit to $312.1 million and an 11% rise in revenue to $1.67 billion for 2025, driven by strong growth in overseas terminals. Total container throughput increased by 6.2% to 153 million TEUs. While acknowledging the potential impact of Middle East conflicts, particularly involving Iran, on its Abu Dhabi terminal, the company anticipates a limited overall effect on its network and total business volume. Cosco Shipping Ports plans to closely monitor the situation, explore alternative routes like ports in the Gulf of Oman, and implement contingency plans to ensure stable operations and manage trade flows for customers amid rising geopolitical risks. The company aims to expand in emerging markets.
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