Hanjin Shipping records an improvement of the results of the fleet of portacontainer against a decrease of the revenues



In according to trimester of this year South Korean shipowning society Hanjin Shipping it has recorded an improvement of the performances, determined mainly from the increase of the results generated from the fleet of portacontainer against a contraction of the revenues. The company has explained that the increment of the operating result is produced by the prosecuzione of the measures in order to contain the costs. In the segment of the container, the contraction of the volume of transactions is generated by the important bending of the hires, while the operating result has benefitted of the effects of the rationalization of the services of line and the reduction of the cost of the bunker. In the section of the bulk transport, on the operating result they have had an impact negative the decrease of the coal imports in China and other seasonal effects.

The period has been archived item altogether with a profit of clearly 104,3 billion won (94 million dollars) respect to a net loss of -199,8 billion won in the period April-june of 2014. To the increase of the result they have contributed to the appreciation of the won regarding the dollars and the proceeds deriving from the cession of the Spanish terminalista society Total Terminal International Algeciras. The revenues are diminished totally of -7,4% attesting itself to 1.986, the 0 billion one won, of which 1.834 billion won recorded from the division of containerized marine transport (- 5.4%) and 129 billion won from the division of marine bulk transport (- 13.1%). The operating profit is piled to 59,2 billion won (+103.9%), with a positive contribution for 62,6 billion won produced from the activity of the fleet of portacontenitori ships (+66.9%, the fifth quarterly result of the segment of positive sign) and with a contribution negative for -22,8 billion won produced from the segment of the bulk (the sixth consecutive quarterly operating data of sign negative so as it has been that of according to trimester pairs to the last year -24,9 billion won). Other asset of the South Korean group, between which that terminalistica, they have recorded an increment of +71.7% of the operating profit that is gone up to 19,4 billion won.

In the first semester of the 2015 South Korean company it has totaled a profit of clearly 127,2 billion won on revenues for 4,134, 1 billion won respect to a net loss of -424,2 billion won in the first half last year. The operating profit has been pairs to 214,2 billion won respect to operating liabilities of -37,2 billion won in the first six months of 2014. The single division of containerized marine transport has recorded revenues for 3,801, 7 billion won (- a 1.6%) and operating profit of 226,5 billion won respect to an operating profit of 1,7 billion won in the first half last year. In the field of the bulk the revenues are dropped of -16,1% to the 268,7 billion one won and the operating result has been of sign negative for -51,1 billion won respect to a result negative for -62,0 billion won in the period April-june of 2014.

In the first semester of this year the fleet of portacontainer of Hanjin Shipping has transported containerized volumes pairs to 2.266.642 teu, with an increment of +0.3% on the same period of 2014. In the second solo trimester of the 2015 volumes they have been pairs to 1.156.743 teu, with an increase of +1.2% regarding the correspondent period last year.

With respect to the perspectives for the next months, Hanjin Shipping has specified that "the transpacifici traffics are destined to grow are in terms of hires who of cargo volume since anniversary of peak to a potential resumption of the American market is approached to the season together. Regarding the Asia-Europe traffics - it has specified the company - the state of offer excess would have gradually to improve with a consequent stabilization of the level of the hires".