Independent journal on economy and transport policy
18:36 GMT+1
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In the first trimester of the 2014 the recorded net loss from Hanjin Shipping has been emphasized
the fleet of portacontainer of the South Korean group has transported beyond 1,1 million container (+0.7%)
May 16, 2014
The South Korean shipowning group Hanjin Shipping has archived item the first three months of 2014 with a net loss of -225,4 billion won (219 million dollars), with an sensitive worsening respect to a net loss of -34,7 billion won in the first trimester last year. Turned out Sul of this year weighs losses in the cession of old ships for -157,3 billion won. The revenues are piled to 2.154, 1 billion won, down of the -7,6% regarding 2.331, 2 billion won in the first three months of the 2013 (decrease, included volume of transactions generated from activities that do not fall back more in the perimeter than consolidation of the group, are pairs to the -13,7%). The operating result is of sign negative for -62,2 billion won respect to operating liabilities of -99,1 in the first trimester of 2013.
In the first three months of this year the division of containerized marine transport of the group has generated revenues for 1,925, 0 billion won, with a contraction of the -6,4% on the correspondent period of 2013, and an operating result of sign negative for -35,8 billion won respect to a sign result negative for -70,6 billion won in the exercise precedence. In the first trimester of the 2014 fleet of portacontainer of Hanjin Shipping it has transported cargo volumes pairs to beyond 1,1 million container teu, with a progression of +0.7% on the same period of 2013. The South Korean company has specified that in the first trimester of the 2014 value of the hires it has totaled a bending of -2,0%.
The division of marine bulk transport, that it constitutes other Core business of the group, has recorded revenues for 171,8 billion won (- 0.5%) and operating liabilities of -37,1 billion won respect to operating liabilities of -38,0 billion won in the first three months last year. The volumes transported from the fleet have turned out down of the -8,1%, while the hires are increased of +7.6%.
Hanjin Shipping considers that in according to trimester of this year it is the market of the line transport that of the bulk transport will show an improvement and the company previews a consequent improvement of the operating result.
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The South Korean shipowning group Hanjin Shipping has archived item the first three months of 2014 with a net loss of -225,4 billion won (219 million dollars), with an sensitive worsening respect to a net loss of -34,7 billion won in the first trimester last year. Turned out Sul of this year weighs losses in the cession of old ships for -157,3 billion won. The revenues are piled to 2.154, 1 billion won, down of the -7,6% regarding 2.331, 2 billion won in the first three months of the 2013 (decrease, included volume of transactions generated from activities that do not fall back more in the perimeter than consolidation of the group, are pairs to the -13,7%). The operating result is of sign negative for -62,2 billion won respect to operating liabilities of -99,1 in the first trimester of 2013.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
