Independent journal on economy and transport policy
12:57 GMT+1
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Singamas previews a rise of the question of new container
The Chinese group has closed 2013 with a decrease of the revenues of -16,5%
March 18, 2014
In the 2013 Chinese group Singamas, whose Core intermodal businesses is the container production, it has recorded a contraction of the -16,5% of the volume of transactions that is dropped to 1,28 billion dollars regarding revenues for 1,54 billion dollars in the year precedence. Singamas has explained that the bending is direct effect of lasting of the low level of the question of new container. The group clearly has archived item 2013 with a profit of 34,3 million dollars (- 43.0%).
In the single second half of the year last year Singamas it has totaled revenues for 702,1 million dollars, in increase of +8.0% on the first half of 2012, and a profit clearly of 9,0 million dollars (- 65.7%).
In the 2013 Chinese group it has produced new to container for a total pairs to 525.449 teu regarding 600.102 teu in the year precedence. The sales have been pairs to 542.442 teu regarding 571.634 teu in 2012.
With respect to the future perspectives offered from the market, Singamas has found that if the new escorts of container have reached their apex in according to trimester of 2013 when they were pairs to beyond a million teu and are come down to a level of about 600 thousand teu at the end of the year, that is constitute a positive indicator of the resumption of the market. "In spite of the terrific challenges of fiscal year 2013 - it has explained the Chinese company - the positive developments happened towards the turn of the year allow a cautious optimism about the beginning of carrying out for the industry of the container. The ulterior decrease of the levels of the new escorts of container, the economic context in gradual improvement, an increasing necessity to replace container and the delivery of many large new and portacontainer in program from 2014 until 2016 - Singamas has explained - is all factors that would have to contribute to set upright again the industry regarding the current phase of stasis".
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