Neptune Orient Lines improves the economic performances



In the first trimester of this year the shipowning group and logistic Neptune Orient Lines (NOL) of Singapore has considerably improved own economic performances although the volume of transactions has remained analogous to that of the first three months of 2012. The group clearly has archived item the period January-March of the 2013 with a profit of 77 million dollars on revenues for 2,4 billion dollars respect to a net loss of -253 million dollars on revenues for 2,4 billion dollars in the correspondent period last year. The Cores EBITDA and Core EBIT have been negatives respective for -2 million and -85 million dollars regarding results negatives for -151 million and -233 million dollars in the first three months of 2012. The EBIT has been positive for 107 million dollars respect to an operating result negative for -232 million dollars in the first trimester last year.

"Our base costs - it has evidenced today the managing director of the group of Singapore, Ng Yat Chung - is improved as we are realizing a more competitive NOL. We have remarkablly improved the operating performances respect to a year makes, therefore we know of being on the just road. But there is still of work to do, in particular in a moment in which the macro-economic conditions they continue to being difficult and the field of the marine transport of the continuous container to tackle to a situation of offer excess".

In the first three months of the 2013 fleet of portacontainer of the group, that it is operated by branch APL, it has transported cargo volumes pairs to 772 thousand container from 40 ' (feu), with a bending of 2% regarding the same period of 2012. Down they have turned out the volumes transported on the Asia-Europe routes (109 thousand feu, -17%), on those intra-Asians (340 thousand feu, -3%) and on the routes with the Latin America (52 thousand feu, -4%), while the volumes are increased on the transpacifiche routes (224 thousand feu, +4%) and on those ocean-going liners (47 thousand feu, +18%). The medium revenue for feu, than totally has been pairs to 2.376 dollars (- 2%), left again for markets have been pairs to 3.471 dollars/feu for the transpacifici traffics (- 9%), 1,425 dollars/feu for the traffics intra-asiati us (- 1%), 2,413 dollars/feu for the routes Asia-Europe (+12%), 3,591 dollars/feu for the traffics with Latin America (+5%) and 2,628 dollars/feu for the routes ocean-going liners (- 12%). The section of the marine transport of line has generated revenues in order almost 2,0 billion dollars (- 2%), Core EBITDA and Core EBIT negatives respective for -21 million dollars (- 166 million dollars in first trimester 2012) and -101 million dollars (- a positive 246 million) and EBIT for 63 million dollars respect to a EBIT negative for -244 million dollars in the first trimester last year.

Currently the APL fleet is constituted gives about 130 portacontenitori ships. In the course of 2013 group NOL it has in program to take in delivery 14 new portacontainer (of which you are of the ability to 14.000 teu, six from 9.000 and two from 8.100 teu), while the next year ten new portacontainer (of which four from 14.000 teu and six from 9.000 teu will be the deliveries of others). Five of the ten portacontainer of 14.000 the unitary ability to container from 20 ' (teu) in delivery in 2013 and 2014 will be rented to the shipowning group Japanese Mitsui O.S.K. Lines (MOL).