Independent journal on economy and transport policy
18:05 GMT+1
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"K" Linens clearly closes the trimester July-september with an increase of the result, while MOL and NYK record a bending
the volume of transactions of the three Japanese shipowning companies is increased respective of +9%, +3% and +6%
October 31, 2014
The Japanese company Kawasaki Kisen Kaisha ("K" Linens) has concluded the second trimester of fiscal year 2014, that it is finished 30th September, with a profit of clearly 16,9 billion yen (155 million dollars), in increase of +118% regarding 7,7 billion yen in the period July-september of the year precedence. The revenues are piled to 340,0 billion yen (+9%) and the operating profit to 15,2 billion yen (+22%).
In the single segment of marine transport containerized "K" Linens have totaled an ordinary profit of 7,3 billion yen (+355%) on revenues for 171,1 billion yen (+12%), while in the segment of the marine bulk transport the ordinary profit has been attested to 11,1 billion yen (+14%) on revenues for 148,8 billion yen (+5%). The company has announced that in the first semester of the fiscal year 2014 (period April-september 2014) the transported full volumes of container on the Asia-America routes and Asia-Europe is increased of +8%, while those transported on the routes are diminished of the -2% intra-Asians and North-South. Altogether the containerized volumes have grown of +5% and the medium hire has turned out advanced regarding that of the first semester of fiscal year 2013.
The Japanese company Mitsui O.S.K. Lines (MOL) has closed instead according to trimester of fiscal year 2014 with a decrease of the -63% of the result clearly that July-september of 2013 is piled to 3,0 billion yen regarding 8,2 billion yen in the period. The revenues have grown of +3.0% to 446,2 billion yen and the operating profit is diminished of -97% coming down to the 268 million one yen.
MOL has recorded an accentuation of the generated ordinary liabilities from the field of the line transport, that precedence has been pairs to -3,6 billion yen in according to trimester of the fiscal year the 2014 respect to ordinary liabilities of -2,6 billion yen in the correspondent period of the fiscal year. The field of the container has totaled revenues for 197,1 billion yen (+8%). In the segment of the marine bulk transport MOL it has totaled an ordinary profit of 5,7 billion yen (- 55%) on revenues for 205,4 billion yen (+6%). MOL has communicated to have recorded in the containerized field variations of analogous volumes of traffic to those found by "K" Linens, with an increase of the volumes from Asia to the America North and Europe, while the increase of the volumes for Asian China and the other nations so as that of the volumes on the routes is slowed down North-South.
Also the Japanese company Nippon Yusen Kaisha (NYK) has recorded a decrease of the profit clearly in according to trimester of fiscal year 2014, that it is come down to 9,8 billion yen regarding 11,9 billion yen in the same period of the exercise precedence. The revenues are increased of +6% to 596,7 billion yen and the operating profit has grown of +23% to 16,3 billion yen.
The result of the segment of the transport of line of the NYK is improved, that it has generated an ordinary profit of 5,0 billion yen, respect to a sign result negative for -200 million yen in the period July-september last year, and the revenues have grown of +14% to 177,2 billion yen. In the segment of the bulk the company has recorded an increase of +34% of the ordinary profit to 15,5 billion yen, while the revenues have remained stable to 245 billion yen.
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