T.S. Lines profit rises 23% despite lower container volumes

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.

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