Independent journal on economy and transport policy
13:34 GMT+1
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In the third trimester the profit clearly of Seaspan Corporation has grown of +36.2%
the revenues are increased of +7.8%
November 4, 2014
In the third trimester of the 2014 clearly recorded profit from the shipowning society Seaspan Corporation it has grown of +36.2% attesting to 65,4 million dollars regarding 48,0 million dollars in the period July-september last year. to 185,8 million dollars and the operating profit is gone up of +4.6% to 87,2 million dollars.
"In the course of the third trimester - Gerry Wang, managing director, Co-president and Co-founder of Seaspan has commented - we have reached a series of relative results of relief to the extension of our relationships with primary companies of line, having increased our Time cover charter and widening our fleet of large portacontainer with efficient fuel consumption. In particular, we have stipulated agreements of time charter with Maersk for four ships from 10.000 teu of last generation that confirm the success of our Saver project. Moreover we have extended Time charter for five ships from 14.000 teu with Yang Ming and have confirmed that Seaspan will construct and manage a total of 15 ships of Saver class for Yang Ming within Time charter to fixed hire of 10 more two years. At last we have taken in delivery the fourth portacontainer of previewed Saver class from 10.000 teu in delivery in 2014". "Going towards the end of 2014 - it has added Wang - we are satisfied in order to have engaged all our ships of new construction within contracts to time to fixed hire, increasing our previewed revenues total to 6,6 billion dollars. With a solid patrimonial state and a solid structure of the capital, we continue to being very positioned in order to strengthen our position ulteriorly which main supplier of portacontainer".
In the first nine months of the 2014 company it has totaled a profit clearly of 103,5 million dollars, down of the -55,2% regarding 230,8 million dollars in the period January-september last year. The revenues have grown of +4.5% to 527,7 million dollars and the operating profit is increased of +2.9% to 240,7 million dollars.
The fleet of portacontainer of Seaspan is constituted by 109 ships for an ability of cargo total pairs to beyond 840 thousand container teu, included 28 tidy portacontenitori that will be taken in delivery within the end of 2016. Currently the fleet operated from the company is formed by 76 portacontainer of the medium age of about seven years.
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