Independent journal on economy and transport policy
04:44 GMT+1
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It improves the economic account of the Zim in according to trimester
In the period the fleet of the company has transported 619 thousand container (- 2%)
August 25, 2014
In according to trimester of this year shipowning society Israeli Zim it has recorded an improvement of the economic results against a decrease of the -10% of the revenues. The period has been archived item with a net loss of -67 million dollars regarding a net loss of -96 million dollars in the period April-june of 2013. The revenues are piled to 875 million dollars regarding 977 million dollars in according to trimester last year. The operating result has been of sign negative for -9 million dollars respect to operating liabilities of -29 million dollars in according to trimester of 2013. The EBITDA has been attested to 29 million dollars (+142%).
In according to trimester of the 2014 fleet of portacontainer of the Zim it has transported cargo volumes pairs to about 619 thousand container teu, with a decrease of the -2% regarding the same period last year. The medium hire for teu has been pairs to 1.206 dollars, down of 40 dollars on according to trimester of 2013. The company has specified that the bending is mainly determined by the cessation of the services between the North Europe and the United States happened to half 2013 and of the services between Asia and Europe North happened in the course of according to trimester of this year. Such closing of marine services has had an impact also on the revenues.
We remember that 16th July the Israeli society has concluded with success a series of negotiations for the restructure of the debit of the value of about 3,4 billion dollars that include a conversion of credits for about 1,4 billion dollars in shareholding ( on 17 July 2014).
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In according to trimester of this year shipowning society Israeli Zim it has recorded an improvement of the economic results against a decrease of the -10% of the revenues. The period has been archived item with a net loss of -67 million dollars regarding a net loss of -96 million dollars in the period April-june of 2013. The revenues are piled to 875 million dollars regarding 977 million dollars in according to trimester last year. The operating result has been of sign negative for -9 million dollars respect to operating liabilities of -29 million dollars in according to trimester of 2013. The EBITDA has been attested to 29 million dollars (+142%).
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
