In this piece, we will take a look at the five biggest port terminal operators in the world. For more companies, head on over to 12 Biggest Port Terminal Operators in the World.
5. Shanghai International Port (Group) Co., Ltd. (SHE:600018.SS)
Trailing Twelve Month Revenue: $4.35 billion (1CNY = 0.14USD)
Shanghai International Port (Group) Co., Ltd. (SHE:600018.SS) is a Chinese company headquartered in Shanghai. The firm offers several terminal services such as loading, unloading, and tug boat operations. Shanghai International Port (Group) Co., Ltd. (SHE:600018.SS) is the sole operator of all terminals in Shanghai, and it is owned by the city’s government. Additionally, the firm’s former chairman, who left the company in 2019 to head a sports association, is currently being investigated for corruption and violation of the Communist Party’s laws. Like other Chinese port companies, Shanghai International Port (Group) Co., Ltd. (SHE:600018.SS)’s revenues slipped last year, after they dropped from 12 billion Yuan to 7.6 billion between its March and June quarters.
4. DP World Limited (FRA:3DW.F)
Trailing Twelve Month Revenue: $13.7 billion
DP World Limited (FRA:3DW.F) is a shipping company owned by Dubai World – an investment company for the Dubai government. The firm has close to 80 terminals in 40 different countries, with the facilities located both marine and inland. DP World Limited (FRA:3DW.F) continues to expand its global presence, with the firm announcing in February 2023 that it has completed a $350 million cargo expansion project of the Port of Vancouver in Vancouver, Canada.
3. Evergreen Marine Corporation (Taiwan) Ltd. (TPE:2603.TW)
Trailing Twelve Month Revenue: $22 billion (1NTD = 0.033USD)
Evergreen Marine Corporation (Taiwan) Ltd. (TPE:2603.TW) is a Taiwanese company headquartered in Taipei. The firm engages in several areas of the port business, such as loading, unloading, shipping, transportation, washing, inspection, and repairing. Evergreen Marine Corporation (Taiwan) Ltd. (TPE:2603.TW), which also operates container ships, is facing the effects of the Panama Canal blockage, as Maersk is suing the company for losses due to the blockage.
2. CK Hutchison Holdings Limited (HKG:0001.HK)
Trailing Twelve Month Revenue: $35 billion (1HKD = 0.13USD)
CK Hutchison Holdings Limited (HKG:0001.HK) is a Hong Kong based company that is one of the oldest of its kind as it was set up in 1828. The firm operates hundreds of berths in more than 50 ports across 26 countries. It is headquartered in Central Hong Kong and is also the parent company of Hutchinson Port Holdings Trust in which it holds a 30% share.
1. COSCO SHIPPING Holdings Co., Ltd. (OTCMKTS:CICOY)
Trailing Twelve Month Revenue: $60 billion (1HKD = 0.13USD)
COSCO SHIPPING Holdings Co., Ltd. (OTCMKTS:CICOY) is a Chinese company headquartered in Shanghai, China. The firm was set up in 2005 and has businesses all over the world, including the U.S. where it owns operations in at least five cities. It is a subsidiary of a Chinese state owned enterprise and announced in February 2023 that it expects to post a net loss for last year.
Disclosure: None. You can also take a look at 15 Most Valuable Hungarian Companies and Bill Gates’ Current Portfolio: 10 Dividend Stocks.
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