Independent journal on economy and transport policy
12:32 GMT+1
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Zim has closed the third trimester with a net loss of -42 million dollars
The fleet has transported cargo volumes pairs to about 640 thousand container (+ 2%)
December 2, 2013
The shipowning company Israeli Zim has concluded the third trimester of this year with a net loss of -42 million dollars on revenues for 900 million dollars respect to a profit clearly of 17 million dollars on revenues for 1,06 billion dollars in the period July-september of 2012. The operating costs are dropped of the -8,0% coming down to 854 million dollars. The EBITDA has been attested to 56 million dollars (- 55%) and the operating profit to 17 million dollars (- 79%).
In the third trimester of the 2013 fleet of portacontainer of the company it has transported cargo volumes pairs to about 640 thousand container teu, with a progression of 2% on the correspondent period last year. The medium hire for container teu has been pairs to 1.202 dollars, with a bending of the -4% about regarding 1.246 dollars in the third trimester of 2012.
In the first nine months of the 2013 Zim it has recorded a net loss of -248 million dollars on revenues for 2,79 billion dollars respect to a net loss of -189 million dollars on revenues for 2,98 billion dollars. The operating costs are diminished of the -4,5% to 2,69 billion dollars and the operating result has been of sign negative for -59 million dollars respect to liabilities of -35 million dollars in the period January-september last year.
In the first nine months of the 2013 fleet of the company it has transported 1.873.000 teu, with a progression of 4.6% on the same period last year, recording a medium hire for teu pairs to 1.243 dollars, down of the -6,8% regarding 1.334 dollars in the period January-september of 2012.
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The shipowning company Israeli Zim has concluded the third trimester of this year with a net loss of -42 million dollars on revenues for 900 million dollars respect to a profit clearly of 17 million dollars on revenues for 1,06 billion dollars in the period July-september of 2012. The operating costs are dropped of the -8,0% coming down to 854 million dollars. The EBITDA has been attested to 56 million dollars (- 55%) and the operating profit to 17 million dollars (- 79%).
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
