- Business
- China Merchants Port Holdings Company Limited (CMPort), an investment holding company controlled by China Merchants Group, engages primarily in port operations, bonded logistics, and property development. The company offers container terminal operations, bulk and general cargo handling, breakbulk terminals, logistic park management, port transportation, airport cargo handling, bonded logistics services, container-related logistics, financial services, port development and management, trading, terminal repair and maintenance, stevedoring, berth and tugboat operations; it operates approximately 130 berths worldwide with over 60 million TEU annual capacity and controls more than 30% of mainland China's berths. Founded in 1991 with roots tracing to 1872 and headquartered at 38/F, China Merchants Tower, Shun Tak Centre in Hong Kong, CMPort conducts business across mainland China (Pearl River Delta, Yangtze River Delta, Bohai Rim), Hong Kong, Taiwan, Brazil, and internationally in 46 ports spanning 26 countries in Asia, Africa, Europe, Oceania, South America, and North America. In recent developments, CMPort achieved record container throughput of 145.75 million TEU in 2024, up 6.0% year-on-year, alongside 559 million tonnes of bulk and general cargo; it renewed 2025-2028 warehouse and security service agreements with connected parties including Shenzhen Nanyou, announced board changes effective July 2025, and continues expanding via strategic initiatives like global presence, lean management, and innovative transformation through its Terminal Operating System (TOS).