Independent journal on economy and transport policy
18:43 GMT+1
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Shipping Development lowers has archived item the first semester with a net loss of about 151 million dollars
the revenues are dropped of 6.9%
August 20, 2013
In the first half of the 2013 shipowning society group Lowers Shipping Development di Shanghai (Lowers Shipping) is incurred in a net loss of -928,9 million yuan (151 million dollars), almost double regarding the net loss of -458,2 million yuan recorded in the first half last year. The revenues are diminished of -6,9% coming down to the 5,23 billion one yuan. The operating costs are dropped of 7.0% to 5,44 billion yuan.
In the first half of this year the fleet of Lowers Shipping Development employed for the oil transport has produced to revenues for 2,64 billion yuan (- 6.7%) and an operating result of sign negative for -117,2 million yuan respect to a net loss of -131,9 million yuan in the first six months of 2012.
The fleet of rinfusiere of the company employed for the coal transport has generated revenues for 1,27 billion yuan (- 8.3%) and operating liabilities of -135,5 million yuan respect to operating liabilities of -129,1 million yuan in the first semester last year. The single activity of iron mineral transport has produced to revenues for 1,08 billion yuan (+2.1%) and an operating profit of 137,3 million yuan (+29.1%). The marine transport of other bulk types sand banks has produced to revenues for 242,1 million yuan (- 29.8%) and operating liabilities of -100,2 million yuan respect to operating liabilities of -81,5 million yuan in the first half of 2012.
Sul forehead of the transported cargo volumes from the fleet, Lowers Shipping Development has closed the first semester of 2013 with volumes of liquid bulk transported pairs to 95,75 billion nautical ton-miles (- 3.8%), of which 8,23 billion national traffic (- 1.5%) and 87,52 billion international traffic (- 4.0%), and with volumes of bulk transported sand banks pairs to 106,05 billion nautical ton-miles (+22.3%), of which 33,20 billion national traffic (+12.9%) and 72,85 billion international traffic (+27.2%).
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Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher
In the first half of the 2013 shipowning society group Lowers Shipping Development di Shanghai (Lowers Shipping) is incurred in a net loss of -928,9 million yuan (151 million dollars), almost double regarding the net loss of -458,2 million yuan recorded in the first half last year. The revenues are diminished of -6,9% coming down to the 5,23 billion one yuan. The operating costs are dropped of 7.0% to 5,44 billion yuan.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
