Independent journal on economy and transport policy
10:10 GMT+1
This page has been automatically translated by Original news
Textainer sees rose although lasting of the difficulties in the field of the chartering of the container
Brewer: we are not in presence of a surplus of container in the world-wide market
May 6, 2015
the American company of chartering and intermodal sale of container Textainer, world leader of the field, has concluded the first trimester of this year with a profit clearly of 35,3 million dollars, in decrease of the -41% regarding 59,6 million dollars in the first three months of 2014. The revenues have grown of +3% attesting itself to 139,1 million dollars and the operating profit is piled to 66,1 million dollars (+3%).
the president and managing director of the American society has manifested satisfaction for the performances of Textainer in the first trimester, "than - Philip K. Brewer has remembered - it is traditionally the trimester more weak person of the year". "The medium rate I use of the fleet - it has explained - has grown of 3,2 points percentages regarding last year going up to 97.6% in the trimester, the elevated level more of last the two years. The proceeds of the charterings pairs to 129 million dollars are increased of 7.1% regarding the trimester last year, online with the increase of the consistency of our fleet and graces partially to the highest rate than I use". Al 31 past March the fleet of container managed from Textainer had a consistency pairs to beyond 3,2 million container teu (of which 79.2% of property), with a progression of +6% regarding 3,0 million teu to 31 March 2014.
"In 2015 - it has continued Brewer - we have invested beyond 415 million dollars for the mainly new charterings having acquired container for a total of beyond 200 thousand teu and have maintained to our position first society of chartering of the world. The new and used prices of the container - it has found - continue to drop. The container question is more lowland of the previewed one and for the charterings we find ourselves to face a strong competition. Therefore we continue to assist to a pressure to the decrease of the rates of chartering of the container".
Brewer has manifested caution approximately evolving itself of the market in the course of 2015: "we - he has specified - consider that the rate I use of our fleet we will remain elevated and moreover we expect that the competition will continue to being locked with a continuous pressure on the rates of the charterings caused from the remarkable level of liquidity of which they arrange the charters of container let alone from the low new price of the container, from the elevated ability to the factories and from the low interest rates. Given the perspectives for the prices of the steel and the weak person ask, the new prices of the container will not grow shortly and are susceptible of an ulterior decrease".
Emphasizing that Textainer work gives beyond 30 years in the field of the chartering of the container, business that anticipates ciclicità that the company has crossed with success and profit, Brewer has evidenced that Textainer does not consider that there is a surplus of container in the world-wide market: "the medium age of the container in service - it has observed - is in increase and many will have to be replaced in the course of the next years. The marine companies are taking in delivery more and more large ships and the orderbook it is pairs to approximately 18% of the current ability. We consider in particular that the container acquired today will generate remarkable profits in the course of their life, if the prices of the container and/or the interest rates grow and this container river-is rented to better conditions than market".
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher