Independent journal on economy and transport policy
10:11 GMT+1
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In the first three months of this Maston year it has recorded operating liabilities of 7,4 million dollars
The revenues have grown of 17% to 269,6 million dollars
May 5, 2011
The company of American navigation Matson of the group Alexander & Baldwin (A&B) has closed the first trimester of this year with operating liabilities of 7,4 million dollars respect to an operating profit of 10,4 million dollars in the first three months of 2010. regarding 229,5 million dollars in the first trimester last year.
The president and managing director of A&B, Stanley M. Kuriyama, have explained that the liabilities recorded from Matson "are attributable mainly are to the breathtaking increase of the prices of the fuel that has exceeded the ability to Matson to use own mechanisms of variation of the fuel surcharge in order to mitigate of the impact is to the losses for the start of our according to service with the China that did not exist last year in the first trimester".
In the first three months of the 2011 company container with the services for Hawaii (+8% has transported 34,000 on first trimester 2010), 30,200 container with the services for China (+2%), 3,300 container with the services for Guam (- 6%) and 17,900 motors vehicle with the services for Hawaii (- 18%).
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Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher
The company of American navigation Matson of the group Alexander & Baldwin (A&B) has closed the first trimester of this year with operating liabilities of 7,4 million dollars respect to an operating profit of 10,4 million dollars in the first three months of 2010. regarding 229,5 million dollars in the first trimester last year.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
