Ports, shipping, aviation cargo, warehousing and trade
COSCO Shipping Ports recorded an 8.4 percent increase in container throughput to 42.27 million TEU during the third quarter of 2026. Concurrently, tanker operators China Merchants Energy Shipping and COSCO Shipping Energy saw net profits surge amid elevated crude freight rates on Middle East–China export routes.
The Comprehensive Economic Partnership Agreement between the UAE and the Democratic Republic of Congo officially entered into force on October 30, 2026. The pact eliminates tariffs on most goods, standardises customs procedures, and targets growth in logistics, energy, and manufacturing.
Bilateral trade between China and Oman reached RO 9.6 billion in 2025 across manufacturing, logistics, and renewable energy sectors. The two nations stressed continuing China-GCC free trade agreement negotiations to reduce regional trade barriers. Discussions also covered integrated clean energy industrial complexes and cross-border smart warehousing networks.
COSCO Shipping Ports posted an 8.4 percent rise in Q3 2026 container throughput, alongside solid revenue and gross profit growth amid route realignments across Gulf and Red Sea corridors. Meanwhile, China Merchants Energy Shipping and COSCO Shipping Energy recorded net profit increases of 263.15 percent and 171.9 percent, respectively, driven by elevated crude freight rates between China and the Gulf.
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