Independent journal on economy and transport policy
11:30 GMT+1
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It continues the positive trend of the economic performances of SUCH International
CIMC it invests 2,9 billion dollars in new productive centers and research centers. Change of property of SeaCube
April 30, 2013
The American society of intermodal chartering of container SUCH International has closed the first three months of 2013 with a profit clearly of 37,5 million dollars, with an increment of 13.9% regarding 32,9 million dollars in the first trimester last year. The revenues have grown of 12.8% to 156,1 million dollars, the operating profit has attested to 83,6 million dollars (+12.1%) and adjusted the EBITDA to 141,9 million dollars (+10.5%).
"The results of the first trimester of 2013 of SUCH - it has commented the president and managing director of the American company, Brian M. Sondey - represent a diamond start of what we preview will be another year of operating performances and important financial institutions". "For the future - it has specified Sondey - in general terms we attend to last of the favorable conditions of the market and preview that the operating and financial results of SUCH will remain to an elevated level. The situation for the new operations of leasing - it has specified the manager of the American company - could not be so interesting as it has been during the last few years, as a greater number of navigation companies has emitted orders for the purchase of container in the course of this year and date the current relative aggressiveness to the prices of the new operations of leasing. We preview that the turnover generated from the continuous charterings still to grow in according to trimester since new the container places rental in always greater measure begin to being and preview that in the next trimesters a decrease of our medium effective interest rate compensations great part of the pressure on our rates chartering".
While the change of property of another American society of chartering of containers is carried to term. In fact the acquisition of the SeaCube is completed Container Leasing by the pension fund Canadian Ontario Teachers' Pension Plan ( on 22 January 2013).
At last the Chinese society of production and intermodal chartering of container Lowers International Marine Containers (Group) Co. (CIMC) have announced to have signed a series of agreements with the municipal administration of Dongguan, in the Chinese province of Guangdong, to the aim to install in various areas of the city the just main research center and formation dedicated to the container let alone the headquarters for the segment of activity of the container, three new productive systems that will altogether have a annual ability pairs to about 750.000 container teu and industrial and ingegneristiche other asset with investments for a total of 18 billion yuan (2,9 billion dollars).
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