Chinese Maritime Transport

What Chinese Maritime Transport does

Chinese Maritime Transport Ltd. (TWSE: 2612.TT, "CMT") is a Taiwan-domiciled, publicly listed integrated maritime and inland logistics company founded in 1946 in Shanghai, relocated to Taiwan in 1949, and listed on the Taiwan Stock Exchange in 1994. The company operates four business lines: (1) Shipping — ownership and operation of a fleet of Capesize bulk carriers through wholly-owned Singapore and Hong Kong subsidiaries, with charter revenue from major international miners and traders; (2) Trucking — Taiwan's largest container trucking service operated through subsidiary Associated Transport Inc. (ATI) with a fleet of 232 tractors and 391 chassis across offices in Taipei, Keelung, Taoyuan, Taichung, and Kaohsiung; (3) Terminal Logistics — inland container terminals operated through CMT Logistics Ltd. (CMTL) and affiliate Associated International Inc., with combined capacity of approximately 22,500 TEU across Yangmei (9,000 TEU), Bade (7,500 TEU), and Taichung (6,000 TEU), AEO-certified by Taiwan Customs and serving global shipping lines and import/export businesses; and (4) Air Agency & Tourism — exclusive Taiwan sales agent for Saudi Arabian Airlines since 1975, covering cargo and passenger services to the Middle East, Africa, and Europe.

Technology is operational rather than algorithmic: real-time weather routing for the Capesize fleet, ship-maintenance software integrating ship-to-shore data exchange, GPS truck tracking across the container drayage fleet, and an online container tracking system for customers. The trucking business is ISO 9001:2015 certified (since 2015), and all ships use IMO-compliant fuel. Headcount is disclosed in the 251–500 range, and 2025 full-year consolidated revenue is approximately NT$2,037,128 thousand (≈US$63M). The go-to-market is enterprise B2B: long-term direct relationships with global miners, traders, and shipping lines for charter and trucking/terminal contracts, supplemented by direct cargo and passenger bookings through the air-agency channel. Pricing is contract-negotiated rather than transactional-list, and there is no disclosed subscription, platform, or marketplace revenue stream. The parent group is the diversified conglomerate established by Chairman John Y.K. Peng in the early 1970s, with CMT as its listed maritime and logistics vehicle.

Name

Chinese Maritime Transport

Legal name

CHINESE MARITIME TRANSPORT LTD.

Website

https://cmt.tw

Company type

Public

Founded year

1946

Operating status

Operating

Headcount range

251–500 employees

Short description

Chinese Maritime Transport (TWSE: 2612.TT) is a Taiwanese integrated maritime and inland logistics company operating Capesize bulk carriers, Taiwan's largest container trucking fleet, AEO-certified inland container terminals, and a Saudi Arabian Airlines sales agency, serving global miners, traders, and container shipping lines.

Ownership category

akta.pro rank

Product category

Maritime Logistics Services

NAICS

Marine Cargo Handling (488320), Warehousing and Storage (493), Specialized Freight (except Used Goods) Trucking, Long-Distance (484230), Freight Transportation Arrangement (488510)

SIC

Trucking & Courier Services (No Air) (4210), Arrangement Of Transportation Of Freight & Cargo (4731)

akta.pro primary industry

Container Yards & Inland Depot Storage (Empty Container Depots/ICDs) (TLALAAAI)

akta.pro secondary industries

Dry Bulk Commodity Terminals (Grain, Coal, Ore, Fertilizer) (TLAHABAA), Chassis / Trailer / Mafi / Genset Storage Yards (TLALAJAI)

Keywords

• Bulk carrier shipping
• Container trucking services
• Inland container terminals
• Capesize fleet operations
• Maritime logistics services

Headquarters

HQ city

Taipei

HQ country

Taiwan

HQ region

Asia

Offices9 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Supply Chain, Technology or R&D, Others

Revenue model

1. Shipping/Charter Revenue: CMT owns and operates a fleet of Capesize bulk carriers through Singapore and Hong Kong subsidiaries, generating revenue from chartering vessels to miners, traders, and operators worldwide
2. Container Trucking Services: One of the largest container trucking services in Taiwan, providing line haul, shipside/ITT, and CY/door-to-door services to global container shipping lines. Revenue generated from transportation fees for container drayage and inland logistics
3. Terminal Logistics Services: CMT Logistics Ltd. operates inland container terminals providing container storage, inspection, lifting/unloading, customs clearance, warehouse services, and container repair/maintenance. Revenue from terminal handling fees, warehousing charges, and container services
4. Air Agency Services: Sales agent for Saudi Arabian Airlines since 1975, earning commissions on cargo and passenger bookings. Also provides cargo freighter charter operations and travel agency services

Go-to-market motion2 records

Distribution channels4 records

Marketing channels3 records

Core offering

CMT owns and operates a fleet of Capesize bulk carriers (managed through Singapore and Hong Kong subsidiaries) that transport dry bulk commodities for international miners and traders. In Taiwan, the company runs one of the largest container trucking operations via subsidiary Associated Transport Inc. (ATI), and operates AEO-certified inland container terminals via CMT Logistics Ltd. providing storage, repair, bonded warehousing, and customs clearance services. The company also serves as Taiwan sales agent for Saudi Arabian Airlines and operates cargo and passenger travel services.

Product overview

Chinese Maritime Transport (CMT) operates as an integrated logistics and transportation company offering a multi-modal portfolio of services. The core offerings include: (1) Shipping — international bulk carrier operations through a Capesize fleet of owned vessels managed via subsidiaries in Singapore and Hong Kong; (2) Fleet — direct vessel ownership and management including real-time weather routing and ship maintenance software integration; (3) Trucking — Taiwan's largest container trucking service via Associated Transport Inc. (ATI) with line haul, shipside operations, and door-to-door delivery; (4) Terminal Logistics — AEO-certified container terminal operations through CMT Logistics Ltd. covering storage, repair, bonded/non-bonded warehousing at locations in Yangmei, Bade, and Taichung; and (5) Air Agency & Tourism — sales representation for Saudi Arabian Airlines and cargo/passenger agency services since 1975. The company is listed on the Taiwan Stock Exchange (2612.TT) and emphasizes digitalization, sustainability, and decarbonization across all operations.

Differentiator

Problem solved

Functional benefit

Products and services

• Shipping (Capesize Bulk Carriers) International bulk carrier shipping services operating a modern fleet of Capesize bulk carriers managed in-house with highest safety standards. All ships use IMO-compliant fuel and are equipped with real-time weather routing systems for safety and fuel efficiency. Serves major international miners and traders transporting iron ore, coal, and other dry bulk commodities.
• Fleet (Vessel Ownership and Management) Owns and operates a fleet of Capesize bulk carriers through Singapore and Hong Kong subsidiaries. The fleet includes vessels such as China Vista, China Ace, China Champion, China Venture, China Honour, China Enterprise, China Harmony, China Fortune, China Pioneer, China Prosperity, China Triumph, and China Pride. Fleet management incorporates real-time weather routing and ship-to-shore maintenance software integration.
• Trucking (Container Transportation) One of Taiwan's largest container trucking services, operated through Associated Transport Inc. (ATI). Provides line haul, shipside/ITT, and CY/door-to-door container transport with a fleet of 232 tractors and 391 chassis. Operations are ISO 9001:2015 certified (since 2015) and include real-time GPS tracking of every truck.
• Terminal Logistics Container terminal and logistics services operated through CMT Logistics Ltd. (CMTL), an Authorized Economic Operator (AEO) certified company. Manages inland container terminals at Yangmei (9,000 TEU capacity), Bade (7,500 TEU capacity), and Taichung (6,000 TEU capacity), offering container storage, inspection, lifting/unloading, customs clearance, bonded and non-bonded warehousing, and container repair/maintenance. Includes an online container tracking system.
• Air Agency & Tourism Sales agency for Saudi Arabian Airlines covering cargo freighter charter operations and passenger ticketing services to destinations in the Middle East, Africa, and Europe. Also provides general travel agency and ticket booking services.

Quantifiable outcome

• All ships use fully compliant fuel meeting IMO emission standards
• +2 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Four partnerships are on record, tiered core.

• Saudi Arabian AirlinescoreChannel Partner/ Reseller/ Distributor · 1 January 1975CMT has served as the exclusive sales agent for Saudi Arabian Airlines since 1975, driving sales through superior customer service. CMT also serves as cargo freighter charter operator, overseeing air cargo and passenger agency services to destinations in the Middle East, Africa, and Europe.
• Orient Overseas Container Line (OOCL)coreStrategic or Co-development PartnerCMT served as OOCL's exclusive general agent in Taiwan from initial containerization era (1970s) until 2000. CMT built container ships and operated port terminals to support OOCL's newly established container services in Taiwan.
• Associated International Inc.coreStrategic or Co-development PartnerAffiliate company managing inland container terminals in Taiwan alongside subsidiary CMT Logistics Ltd., forming an integrated terminal logistics network covering Yangmei, Bade, and Taichung locations.
• Associated Transport Inc. (ATI)coreStrategic or Co-development PartnerSubsidiary/operating entity through which CMT operates its container trucking business in Taiwan, managing a fleet of 232 tractors and providing nationwide container drayage services.

Scale indicators8 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• Kerry Logistics Network: Hong Kong-listed integrated logistics provider with Taiwan operations, warehousing, and freight forwarding. Comparable to CMT's terminal logistics and trucking segments, though far broader in scope and geographic reach.
• Kawasaki Kisen Kaisha (K Line): Japanese global shipping and logistics group operating bulk carriers, container ships, and terminal businesses. Comparable to CMT's shipping + terminal structure, though at vastly larger scale and broader geographic footprint.

Direct peers

• Star Bulk Carriers: Global pure-play dry bulk / Capesize vessel owner listed in the US. Closest pure comparable to CMT's Capesize bulk shipping operations serving iron ore and coal miners/traders.
• T.S. Lines: Hong Kong-headquartered, Asia-focused container liner with intra-Asia shipping services. Comparable to CMT's Capesize bulk shipping and container logistics combination, with similar Asia regional orientation.
• Diana Shipping: Global dry bulk shipping company with Capesize and Panamax fleet serving miners and commodity traders. Comparable to CMT's Capesize bulk chartering business and similar time-charter revenue model.
• Yang Ming Marine Transport Corporation: Taiwan-based container liner operator with own terminal operations and global container shipping routes. Closely comparable to CMT as a Taiwanese-listed shipping + terminal platform competing for the same global shipping line customers.
• Genco Shipping & Trading: US-listed dry bulk shipowner operating Capesize and other bulk vessels. Comparable to CMT's bulk shipping segment on fleet type, customer base (miners and traders), and exposure to dry bulk freight cycles.
• Evergreen Marine Corporation: Taiwan's largest container shipping line with integrated terminal operations and intermodal container services. Directly comparable to CMT in serving global shipping lines for inland drayage and container terminal handling, though at much larger scale.
• Wan Hai Lines: Taiwan-listed intra-Asia container shipping operator with terminal and intermodal logistics services. Comparable to CMT in Taiwan-listed shipping/logistics profile and overlap in shipping-line customer base.
• Pacific International Lines (PIL): Singapore-based container shipping line serving intra-Asia and global trade lanes. Comparable to CMT in Singapore-subsidiary ownership structure and Asia-centric container shipping and intermodal focus.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks1 record

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/chinese-maritime-transport-ltd

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Chinese Maritime Transport