"K" Linens, MOL and NYK attenuates the losses



In the first trimester of the fiscal year 2012 (period April-june the 2012) three Japanese shipowning society Kawasaki Kisen Kaisha ("K" Linens), Mitsui O.S.K. Lines (MOL) and Nippon Yusen Kaisha (NYK) have recorded of the losses, that they are however more contained regarding those totaled in the correspondent period of the fiscal year precedence. Moreover the revenues have an sensitive rise quickly.

"K" Linens has closed the period April-june of this year with a net loss of 700 million yen respect to a net loss of 3,7 billion yen in the first trimester of fiscal year 2011. The revenues are increased of 12.0% to 273,6 billion yen and the operating result has been positive for 4,1 billion yen respect to a result negative for 9,9 billion yen in the period April-june of 2011.

The single division of containerized marine transport of the NYK has archived item the first trimester of the exercise 2012 with a profit before taxes of 600 million yen on revenues for 133,2 billion yen respect to a loss before taxes of 7,2 billion yen on revenues for 122,6 billion yen in the same period of exercise 2011. In the segment of the bulk transport "K" Linens April-june has recorded a profit before taxes of 6,0 billion yen on revenues for 125,0 billion yen respect to liabilities before taxes of 1,0 billion yen on revenues for 105,3 billion yen in the period last year.

In the period April-june of the 2012 Linen fleet portacontainer of "K" has transported containerized volumes pairs to 184.000 teu on the Asia route - North America and to 136.000 teu on the Asia route - Europe regarding 170.000 teu and 135,000 teu in the correspondent period of 2011.

MOL has concluded the first trimester of the fiscal year 2012 with a net loss of 5,0 billion yen on revenues for 378,8 billion yen respect to a net loss of 8,0 billion yen on revenues for 349,1 billion yen in the correspondent period of the exercise precedence. The operating result has been negative for 503 million yen respect to liabilities of 8,6 billion yen in the period April-june last year.

In the field of the marine transport containerized MOL has totaled a loss before taxes of 2,4 billion yen on revenues for 148,8 billion yen respect to a loss before taxes of 5,4 billion yen on revenues for 139,6 billion yen in the first trimester of fiscal year 2011. In the field of the bulk transport April-june of 2011 is recorded liabilities before taxes of 2,3 billion yen on revenues for 189,1 billion yen respect to liabilities before taxes of 4,7 billion yen on revenues for 170,8 billion yen in the period.

In the period April-june of this year the fleet of portacontainer of MOL has transported 220,000 container teu on the Asia route - North America and 174,000 teu on the Asia route - Europe against respective 215,000 teu and 182,000 teu in the same period of 2011.

NYK has closed the first trimester of the fiscal year 2012 with a net loss of 1,3 billion yen respect to a net loss of 7,1 billion yen in the correspondent period of 2011. The revenues have grown of 6.7% to 477,6 billion yen and the operating result has been positive for 6,8 billion yen respect to liabilities of 10,4 billion yen in the period April-june last year.

In the single segment of the transport of line NYK it has recorded operating liabilities of 1,6 billion yen on revenues for 115,4 billion yen respect to operating liabilities of 8,5 billion yen on revenues for 108,5 billion yen in the first trimester of fiscal year 2011. The division that takes care of bulk transport has totaled an operating profit of 7,1 billion yen on revenues for 201,1 billion yen respect to operating liabilities of 4,5 billion yen on revenues for 173,1 billion yen in the period April-june of 2011.

In the first trimester of the fiscal year the 2012 fleet of portacontainer of the NYK has transported 166,000 teu on the route Asia - the USA and 132,000 teu on the Asia route - Europe against respective 152,000 teu and 101,000 teu transported in the same period of 2011.