The Chinese group Singamas ended 2010 with a growth of 400% of revenues attestatisi to 1.3732 billion dollars, against 274.6 million dollars during the previous year, with pre-tax profit of 117.3 million dollars compared to liabilities of 59.0 million dollars in 2009 and a net profit of 102.8 million dollars compared to a net loss of 61.9 million dollars in 2009.
Only in the production of containers last year, the group totaled revenues of $ 1.3362 billion (+462.7%) and a pre-tax profit of 111.2 million dollars compared to a pre-tax liabilities of 66, $ 7 million in 2009. In 2010, the division has produced container for a total of 636,306 TEUs, compared to just 86,600 TEUs in 2009 and has sold 612,132 TEUs (90,282 TEUs in 2009), of which 542,214 containers for dry freight containers and 69,918 specialists.Singamas reported that the growth in demand and rising raw material costs (particularly steel Corten) and the cost of labor has increased the average selling price of container that has risen to about $ 2,403 for 20 'containers for dry freight (about $ 1,986 in 2009).
In 2010, the logistics division of the Chinese group has accused the impact of lower demand for container storage of unused and had revenues of 37.0 million U.S. dollar (-0.6% on 2009) and a profit before tax of 6 , $ 1 million (-20.9%). Last year the division has handled containers for a total of approximately 3,576,000 teu (+9.6%) and the volume of containers stored amounted to 103,000 TEUs (-38.7%).
Recalling that for about a year and a half, from mid 2008 to late 2009, has not been issued orders for new containers and that in the period have been sold around 1.5 million TEUs of old container, Singamas reported that, with the resumption of trade occurred in 2010, which was accompanied by substantial growth of exports from China, the company expects that demand for new containers will increase further and remain high throughout 2011 (the year is expected worldwide demand More than three million container TEUs).
According Singamas, a shortage of container occurred in 2010 will continue until 2012, so much of the old container currently in use can not be replaced as needed to meet the growth in containerized trade. In addition, many owners of fleets of containers have decided to postpone the replacement of their old containers because of the economic crisis that occurred from mid 2008 to late 2009. So - has confirmed Singamas - the container industry in 2012 is expected to be a further boost in demand for container determined by the need to replace the old box currently in use.
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The Chinese group Singamas ended 2010 with a growth of 400% of revenues attestatisi to 1.3732 billion dollars, against 274.6 million dollars during the previous year, with pre-tax profit of 117.3 million dollars compared to liabilities of 59.0 million dollars in 2009 and a net profit of 102.8 million dollars compared to a net loss of 61.9 million dollars in 2009. 
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
