China Merchants Port reports mixed November business growth

China Merchants Port Group Co. Ltd. reported a 6.4% year-over-year increase in total container throughput to 1,724.8 thousand TEUs in November 2025. Year-to-date, container volume reached 18,888.6 thousand TEUs, up 5.2%. Domestic terminals saw a 9.0% rise in November to 1,372.0 thousand TEUs, with the Yangtze River Delta region leading growth at 10.6% and the Pearl River Delta showing an 18.7% increase. Overseas terminals also contributed positively, with a 1.7% increase to 312.1 thousand TEUs for the month.

Conversely, total bulk cargo experienced a slight decline in November, down 1.4% year-over-year to 10,034.4 thousand tons, bringing the year-to-date total to 114,687.0 thousand tons, a 0.3% decrease. While domestic terminals' bulk cargo volume saw a marginal 1.3% decrease, the Pearl River Delta region recorded an 18.0% increase to 418.5 thousand tons. The Bohai Rim region and southwest regions faced declines of 9.1% and 15.7% respectively. Overseas bulk cargo volume also decreased by 20.4% to 70.3 thousand tons in November.

The company notes that these figures are preliminary statistics, with some associated terminal data being estimates. Starting July 2024, the business volume of PT Nusantara Pelabuhan Handal TBK (NPH) has been included following China Merchants Port Holdings Company Limited's acquisition of a 51% equity stake in NPH.