Independent journal on economy and transport policy
08:14 GMT+1
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In the 2011 operating profit of the American Matson Navigation it is diminished of 37.6%
the revenues are increased of 6.0%
February 20, 2012
In the 2011 American group Alexander & Baldwin, Inc. (AB) has recorded revenues for 1,722, 4 million dollars, in increase of 6.7% on the year precedence. The volume of transactions totaled from the sun activity of marine transport of the group, operated from the branch shipowning Matson Navigation, is piled to 1.077, 6 million euros (+6.0%). The operating profit of the marine division is diminished of 37.6% attesting itself to 74,1 million dollars.
Altogether the group Alexander & Baldwin has archived item the exercise 2011 with a profit clearly of 34,2 million dollars regarding 92,1 million dollars in the exercise precedence. The profit clearly adjusted, than does not include the losses generated from the cessation in the third trimester of the year of according to service of the Matson between Long Beach and called China CLX2 ( on 16 August 2011), it has been of 74,3 million dollars (104,2 million in 2010).
Last year the ships of Matson have transported containerized cargo volumes pairs to 140.000 teu in the services for Hawaii, with an increment of 2% on 2010, to 59.000 teu in the services for China (- 2%) and to 15.200 teu in the services for Guam (0%). With the services for Hawaii 81,000 automobiles (- 1% are transported).
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In the 2011 American group Alexander & Baldwin, Inc. (AB) has recorded revenues for 1,722, 4 million dollars, in increase of 6.7% on the year precedence. The volume of transactions totaled from the sun activity of marine transport of the group, operated from the branch shipowning Matson Navigation, is piled to 1.077, 6 million euros (+6.0%). The operating profit of the marine division is diminished of 37.6% attesting itself to 74,1 million dollars.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
