Independent journal on economy and transport policy
09:01 GMT+1
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On the wake of the favorable market SUCH has ordered container for 450 million dollars
In the first trimester the operating result of the American company has grown of 99%
April 29, 2011
The American society of chartering container SUCH International Corporation Container has closed the first trimester of 2011 with a decided increment of the economic performances having had recorded a profit clearly of 32,6 million dollars on revenues for 124,5 million dollars respect to a profit clearly of 5,9 million dollars on revenues for 79,6 million dollars in the first three months last year. The operating result is piled to 66,2 million dollars (+99.0%).
In the first three months of this year the revenues deriving from the charterings of container have been pairs to 99,6 million dollars regarding 72,9 million dollars in the first trimester of 2010 (94,5 million in the fourth trimester of 2010).
The president and managing director of SUCH, Brian Sondey, have explained that the continuous company "to benefit particularly hard of a market of the chartering of container". "In the first trimester - it has explained - our medium rate hire of the container for new cargos dries has grown of 7.2% since the container is rented to prices very more elevated regarding the average of our pocketbook and that the hires of the container in use are increased because of the expiration of the agreements of 2009 and, with I renew of the charterings, the prices are increased". Sondey has announced that in the first trimester of this year the selling prices of the container are increased considerably also used because of the deficiency of container second hand available.
Sondey has confirmed the consisting investments in container realized from the company: "the current situation of the market - it has found - has allowed us also to continue in our intense investment program. Al 27 April 2011 we have acquired container for beyond 450 million dollars with delivery in 2011. This decided beginning reflects the expectations of the customers of a remarkable increase of the traffics in the course of this year accompanied from the persistent reluctance of the navigation companies to engage itself in consisting regulating of new container. About two third party of our orders for 2011 - it has emphasized - they are already places under chartering even if the great part of these units still is not taken in delivery, since many of our customers anticipate their demand for container in order to make sure an adequate ability to container for the peak season of dry the container, than traditionally begins in the course of according to trimester".
SUCH previews that this positive trend for the companies that rent container will continue in the next few months.
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The American society of chartering container SUCH International Corporation Container has closed the first trimester of 2011 with a decided increment of the economic performances having had recorded a profit clearly of 32,6 million dollars on revenues for 124,5 million dollars respect to a profit clearly of 5,9 million dollars on revenues for 79,6 million dollars in the first three months last year. The operating result is piled to 66,2 million dollars (+99.0%).
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
