Independent journal on economy and transport policy
12:30 GMT+1
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Decided resumption of the economic performances of Shipping Lowers Lines Container
Last year the fleet of the company has transported 7,2 million container (+6.9%)
March 30, 2011
Last year the navigation company Lowers Shipping Container Lines (CSCL) is returned to record performance is in terms of financial results that of transported volumes of level pairs to those precedence international the economic recession.
In the 2010 fleet of portacontainer of the Chinese company it has enlivened 7.208.055 teu, with an increment of 6.9% regarding the year precedence. The volumes enlivened with the region of the Pacific Ocean have grown considerably (1.422.957 teu, +19.0%) and of the Mediterranean (1.183.421 teu, +12.7%); more attenuated to the increase of the volumes enlivened in China (3.187.152 teu, +4.5%), while stable it has turned out the traffic with Asia (1.327.892 teu, +0,5) and down that with the other regions (86,633 teu, -31,0%).
The increment of the transported volumes has generated a consisting increase of the revenues that have attested 34,81 billion to yuan (5,3 billion dollars), in increase of 76.3% regarding 19,74 billion yuan in 2009 (in the 2008 were piled to 34,89 billion yuan). The operating result has been positive for 4,47 billion yuan respect to a result negative for 6,23 billion yuan in 2009. CSCL has archived item the exercise 2010 with a profit of clearly 4,20 billion yuan respect to a net loss of 6,49 billion yuan in the exercise precedence.
The Chinese company is moderately optimistic about the course of the market in the next few months. In the 2011 - it has found CSCL - world-wide economy it must get to terms with the change of the scene in Middle East and with the impact of catastrophes as that of the earthquake in Japan, events that determine various uncertainties on the resumption of the field. Also the market of the containerized transport is facing some challenges, as the fast increase of the price of the oil, the price of the constantly elevated container, the difference between supply and demand, the variation of the competitiveness relationships and other elements. Therefore - according to CSCL - in next the two or three years the market of the containerized transport would have to meanwhile feed the way of a stabilization of the development searching to reach a gradual balance between supply and demand of the market.
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