COSCO Pacific announces 10% increase in terminals’ throughput

Throughput at the terminals of Chinese terminal operator COSCO Pacific have increased by 10% to 67m teu.

Profit at the container terminal side of COSCO Pacific’s business grew by 18% to US$221m. This was described by the company in a statement as “satisfactory growth”.

This profit growth was attributed by the company to the improving operations of the Xiamen Ocean Gate Terminal, and stable growth at Guangzhou South China Oceangate Terminal and Athens’s Piraeus Terminal