South Port HY26 presentation: Net profit jumps 47% amid strong cargo recovery

South Port has reported a 47% increase in net profit in the first half of 2026, driven by a strong recovery in cargo volumes and resulting in a record interim profit. The performance comes as port operators globally, including AD Ports in the UAE, are reporting higher earnings, while regulators such as Russia’s are approving moderate increases in port dues. The results highlight improving trade flows and pricing power in the port and logistics sector, with implications for freight costs and regional competitiveness.