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v3.26.1

Revenue | 12 Months Ended
--- | ---
Dec. 31, 2025
Revenue |
Revenue | 3.Revenue ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ ​ ​ | 2025 | ​ ​ ​ | 2024 | ​ ​ ​ | 2023
​ | ​ | US$’000 | ​ | US$’000 | ​ | US$’000
(a) Revenue – Shipping |  | ​ |  | ​ |  | ​
– spot voyages |  | 703,469 |  | 773,039 |  | 1,059,024
– time charter |  | 312,276 |  | 189,764 |  | 165,496
​ |  | 1,015,745 |  | 962,803 |  | 1,224,520
(b) Revenue – Product Services |  | ​ |  | ​ |  | ​
– cargo sales |  | 2,526,386 |  | 2,520,882 |  | 1,728,894
– shipping income |  | 59,233 |  | 27,705 |  | 36,177
– derivative (loss)/gain |  | (19,225) |  | 52,357 |  | (42,251)
​ |  | 2,566,394 |  | 2,600,944 |  | 1,722,820
​

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