COSCO Shipping Specialized Carriers has released its earnings forecast, estimating that net profit attributable to the parent company for the first half of 2026 will be between 1.279 billion and 1.402 billion yuan, an increase of 55% to 70% year-on-year. In the first half of the year, the global seaborne trade supply-demand balance improved. Benefiting from trends such as the accelerating global energy transition and strong exports from China's advanced manufacturing sector, the specialized vessel market saw a surge in demand and continuously rising freight rates in the second quarter. During the reporting period, the company's shipping business revenue, gross profit, and time charter levels all increased year-on-year.
COSCO SHIPPING Specialized Carriers Co LtdStrong demand from global energy transition and China's advanced manufacturing exports drove higher freight rates and revenue.