news Container Container News
T.S. Lines reported stronger financial results for the first half of 2026, despite a slight decline in container volumes. Revenue increased 3% year on year to US$660.4 million , while net profit rose 23% to US$233 million . The carrier handled 810,800 TEU , down 0.9% compared with the first half of 2025. Operating profit climbs 24% T.S. Lines recorded operating profit of US$235.1 million , representing a 24% year-on-year increase. Net profit showed similar growth, rising 23% to US$233 million. The improvement came despite the slight reduction in container volumes during the period. Higher revenue per TEU supports results Average freight revenue per TEU increased 3.6% to US$741 . The higher average revenue helped offset the 0.9% decline in carryings and supported the company’s improved financial performance. Overall, T.S. Lines generated higher revenue and profit while handling fewer containers during the first six months of the year. The post T.S. Lines profit rises 23% despite lower container volumes appeared first on Container News .
T.S. Lines profit rises 23% despite lower container volumes
Container News
Read full article at Container News →
Opens Container News in a new tab