Independent journal on economy and transport policy
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Bending of the economic results of the Belgians CMB and Euronav
Maritime companies Belge clearly have archived item the first trimester with a profit of 11,2 million dollars and Euronav with a net loss of 10,7 million dollars
April 22, 2013
In the first trimester of this year the shipowning societies Belgian Maritime Companies Belge (CMB) and Euronav have recorded a bending of the economic results. The first company, than work in the field of the solid bulk transport with the Bocimar branch and in the aerial field through the participation in ASL Aviation, has closed the first three months of 2013 with a profit clearly of 11,2 million dollars on revenues for 147,8 million dollars, with bendings respective of 84.3% and the 1.9% on the correspondent period of 2012. Bocimar, that it has a fleet constituted from 48 ships portarinfuse (and others ten ships in order), has contributed to the result clearly of the group with a loss of 820 thousand dollars respect to a profit clearly of 31,8 million dollars in the first trimester last year. EBITDA and EBIT of group CMB are piled respective to 36,2 million dollars (- 19.8%) and 4,3 million dollars (- 75.7%).
Euronav, than until 2004 took part of the group CMB from which it has exited with an operation of demerger and that it has a fleet formed from 35 tankers (of which a part operated through the pool Tankers International), has archived item the first trimester of this year with a net loss of 10,7 million dollars on revenues for 103,6 million dollars respect to a net loss of 9,0 million dollars on revenues for 108,7 million dollars in the same period of 2012. EBITDA and EBIT have been attested to 43,5 million dollars (- 9.0%) and 2,1 million dollars (- 49.3%).
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In the first trimester of this year the shipowning societies Belgian Maritime Companies Belge (CMB) and Euronav have recorded a bending of the economic results. The first company, than work in the field of the solid bulk transport with the Bocimar branch and in the aerial field through the participation in ASL Aviation, has closed the first three months of 2013 with a profit clearly of 11,2 million dollars on revenues for 147,8 million dollars, with bendings respective of 84.3% and the 1.9% on the correspondent period of 2012. Bocimar, that it has a fleet constituted from 48 ships portarinfuse (and others ten ships in order), has contributed to the result clearly of the group with a loss of 820 thousand dollars respect to a profit clearly of 31,8 million dollars in the first trimester last year. EBITDA and EBIT of group CMB are piled respective to 36,2 million dollars (- 19.8%) and 4,3 million dollars (- 75.7%).
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
