Independent journal on economy and transport policy
14:33 GMT+1
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Contraction of the result clearly of COSCO Pacific because of the decrease of the performances of participated the CIMC
In the first half of the 2012 harbour terminal of the Chinese group they have enlivened 26.876.860 container (+10.8%)
August 28, 2012
COSCO Pacific, the terminalista society of the Chinese shipowning group Lowers Ocean Shipping (Group) Co. (COSCO) that it is present also in the field of the production and chartering of container through a participation of 21.8% in China International Marine Containers (Group) Co. (CIMC), clearly have archived item the first semester of 2012 with a profit of 186,9 million dollars, with a bending of 22.3% regarding 240,5 million dollars in the first half last year. The decrease is entirely ascribable to the decrease of the results achieved in the period from participated the CIMC ( on 27 August 2012).
In the first six months of this year COSCO Pacific it has totaled revenues for 367,3 million dollars, with an increment of 31.8% on the correspondent period of 2011. The operating costs have grown of 26.7% to 201,9 million dollars and the operating profit is piled to 125,9 million dollars (+43.9%).
In the first half of the 2012 harbour terminal of the Chinese group they have enlivened a containerized trade 26.876.860 pairs to container teu, with an increment of 10.8% regarding 24.249.265 teu in the period January-june last year. The traffic enlivened from the single Chinese terminals of the group (excluded Hong Kong) has been attested to 22.302.104 teu (+9.8%), volume that with the inclusion of the terminals of Hong Kong has been pairs to 23.176.559 teu (+9.7%), while the terminals foreign countries have enlivened 3.700.301 teu (+18.5%), with an increment particularly consisting recorded to the Piraeus Container Terminal of the port of the Pireo that has enlivened 1.053.259 teu (+117.5%), while the Egyptian Suez Canal Container Terminal has recorded a bending of 5.4% to 1.435.435 teu.
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