Hanjin Shipping reduces the losses



The South Korean shipowning society Hanjin Shipping has archived item the first trimester of 2013 with a reduction of the losses. In the period 31 million dollars about) on revenues for 2,496, 0 billion won respect to a net loss of -338,4 billion won on revenues for 2,264 are recorded a net loss of -34,7 billion won (, 1 billion won in the first three months of 2012. The operating result has been negative for -59,9 billion won respect to operating liabilities of -217,3 billion won in the first trimester last year.

The single division of the South Korean group that takes care of containerized marine transport has recorded revenues for 2,056, 0 billion won (+14.1%) and operating liabilities of -70,6 billion won (- 243,4 billion won in first trimester 2012). In the first three months of the 2013 fleet of portacontainer of Hanjin Shipping container has transported cargo volumes 1.109.285 pairs to teu, with a progression of 9.3% regarding 1.014.839 teu in the same period of 2012. "Although the transported volumes have grown of 16.3%, 15.0% and 7.4% respective in the traffics Asia-North America, Asia-Europe and intra-asiati us - it has explained the South Korean company - the business unit Container have recorded operating liabilities of 70,6 billion won mainly because of the unsatisfactory increase of the hires. However the operating liabilities of the container have recorded an improvement of 71.0% year on year". About the perspectives for according to trimester of this year, Hanjin Shipping it has found that "the offer in the field of the continuous container to grow as a result of the delivery of great ships; however the carriers continue to put into effect various initiatives between which the rationalization of the services, the slow steaming, the anticipated restitution of ships rental and the demolition of old ships. Therefore - according to Hanjin Shipping - the imbalance between supply and demand will endure a progressive attenuation and is previewed an improvement of the profit through an ulterior increase of the hires with the arrival of peak season let alone a stabilization of the prices of the oil"

The single division Bulk of the group, than takes care of the marine bulk transport, has closed the first trimester of this year with revenues for 337,4 billion won (- 11.1%) and an operating profit of 1,2 billion won (- 91.1%). About the forecasts for the field bulk, Hanjin Shipping it has observed that "the total perspectives of the market of the bulk continue to being weak people because of the persistent pressure determined from the increase of the deliveries of ships and from the delayed resumption of the Chinese economy; however - it has specified the company - the question for the transport of the harvests of South America and the increasing asks of coal for the summery production of electric power is previewed will have positive effects on the market".