HK Stock Market Move | TS LINES (02510) rises over 3%, plans to spend US$246 million to build two vessels; revenue up 17.17% year-on-year in the first 9 months

TS LINES (02510) rose over 3%, up 3.15% as of press time, at HK$12.44, with a turnover of HK$9.2054 million. On the news front, TS LINES announced that on November 3, 2026, the company or a nominee buyer (as buyer) entered into a shipbuilding contract with Shanghai Waigaoqiao Free Trade Zone Group and China CSSC (as sellers) for the construction of two 11,000 TEU container ships, at a total consideration of US$246 million, or US$123 million per vessel. Recently, according to data disclosed by TS LINES, the company achieved revenue of approximately US$1.129 billion in the first 9 months of 2026, up 17.17% year-on-year; shipping volume was approximately 1.1808 million TEU, down 4.07% year-on-year.