In decided rise the results of Friend International Shipping



In according to trimester of 2013 of Friend International Shipping (DIS) April-june has achieved an ulterior improvement of the economic performances archiviando the period with a profit clearly of 15,5 million dollars on revenues Time base charter for 49,2 million dollars respect to a net loss of -95,8 million dollars on revenues Time base charter for 44,5 million dollars in the period last year. The EBITDA is piled to 22,6 million dollars (+560.7%) and the operating profit to 14,7 million dollars respect to operating liabilities of -91,9 million dollars in according to trimester of 2012.

In the first semester of the 2013 DIS it has totaled a profit clearly of 23,1 million dollars on revenues Time base charter for 99,3 million dollars respect to a net loss of -97,2 million dollars on revenues Time base charter for 89,0 million dollars in the first half last year. The EBITDA has been pairs to 34,1 million dollars (+271.4%) and the EBIT has been of positive sign for 18,1 million dollars respect to an operating result of sign negative for -95,1 million dollars in the first six months of 2012.

"The strong resumption in the field of the tankers, that it has characterized the first trimester of 2013 - has explained the managing director of Friend International Shipping, Marco Fiori - has been confirmed also in according to trimester thanks to the bounce of the every day medium revenues on the market the ad pairs to 14.102 dollars in the course of the first semester the 2013 regarding 11.702 realized dollars year precedence (+21%). Extremely we are satisfied to bring back a fort increment also of the operating profit for DIS reached in first semester 2013. DIS confirmation its very positive vision on the market in the mean/along term and such optical - it has remembered Flowers - has therefore undersigned contracted for the construction of eight new ships "ECHO", of which you are MR and two Handysize, near the Hyundai Mipo Dockyard Co. yards Ltd. Moreover theirs previewed delivery to 2014/2015 are perfectly coherent with our positive vision of market for the mean/along term".

"We are happy of these results - the financial director of the DIS and the group of Friend, Giovanni Barberis has declared - which, besides to confirm the resumption of the field, strengthen our Society ulteriorly, supplying them a extremely solid capital structure, than so returns it ready to face the increase and to compete to weapons the greatest pairs with players international".