group NOL returns to the profit after six archived item consecutive trimesters in loss



In according to trimester of this year shipowning group Neptune Orient Lines (NOL) of Singapore, it has recorded useful consisting clearly of 890 million dollars generated almost exclusively from deriving the extraordinary proceeds for 887 million dollars from the sale of branch logistic APL Logistics to the Kintetsu Japanese Express World ( on 17 February 2015). Al clearly of the effect of the cession of APL Logistics the profit clearly turns out of three million dollars (that respect to a net loss of -54 million dollars constitutes however the first result of exercise of positive sign after six closed consecutive trimesters from the group with a net loss) in according to trimester of 2014. The revenues, included those totaled from APL Logistics until May 2015, have been pairs to 1,55 billion dollars, down of the -24% regarding 2,05 billion dollars in the period April-june last year. Core EBITDA is piled to 119 million dollars (+53%) and Core EBIT has been of positive sign for 29 million dollars respect to operating liabilities of -15 million dollars in according to trimester of 2014.

The sun activity of containerized marine transport, that they are operated with brand APL and that now they constitute only Core business of the group, has recorded revenues for 1,32 billion dollars, with a decrease of the -22% regarding 1,70 billion dollars in according to trimester last year. Core EBITDA of this segment of activity has been pairs to 110 million dollars (+77%) and the operating profit is piled to 26 million dollars respect to operating liabilities of -29 million dollars in according to trimester of 2014.

The consisting reduction of the volume of APL transactions is consequence of the reduction of the transported cargo volumes from the fleet and the decrease of the relative revenues because of the bending of the hires. In the period April-june of this year the fleet of APL ships has transported container for a total pairs to 582 thousand unit from 40 ' (feu), with a decrease of the -12% on the same period of 2014. The medium revenue for feu has been pairs to 1.933 dollars (- 17%), while the average cost for feu has shown an increment of +15% having attested itself to 2.050 dollars.

In particular, in according to trimester of the 2015 fleet of APL employed on the transpacifiche routes it has transported 167 thousand feu (- 14%) recording a medium revenue/feu pairs to 3.075 dollars (- 9%), that employee on the routes intra-Asians has transported 292 thousand teu (- 7%) with a medium revenue/feu of 1.178 dollars (- 18%), the ships in service on the Asia-Europe routes have transported 94 thousand feu (- 7%) with a medium revenue/feu that it has recorded an emphasized decrease of the -31% having been it are pairs to 1.671 dollars, the container transported from the fleet in service on the routes withLatin America has been pairs to 37 thousand feu (- 14%) with a revenue mean-feu of 2.744 dollars (- 11%) and the fleet used on the routes ocean-going liners has transported 11 thousand feu (- 66%) with a medium revenue/feu of 2.884 dollars (+4%).

"The activity of marine transport of the container of the group - it has found the president and managing director of the NOL, Ng Yat Chung - continues to tackle to a characterized difficult context from an ability excess and from a weak person ask of the market. However - it has emphasized - APL has transformed an operating loss in according to trimester last year in a positive data recorded this year".

In the first semester of the 2015 activity of marine transport of line of the group they have recorded positive Core EBIT for 33 million dollars on revenues for 2,93 billion dollars respect to sign Core EBIT negative for -110 million dollars on revenues for 3,60 billion dollars in the first half last year. In the first six months of the 2015 fleet of APL it has transported containerized volumes pairs to 1.249.000 feu (- 14%) and the relative medium revenue/feu have been of 2.003 dollars (- 12%).