Independent journal on economy and transport policy
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Hapag-Lloyd returns to record a semiannual profit
Habben: "our results demonstrate that the fusion with CSAV has been the just decision"
August 26, 2015
In according to trimester of this year shipowning society German Hapag-Lloyd April-june has recorded a profit clearly of 29,0 million euros respect to a loss of -54,2 million euros in the quarter last year, period that does not include the performances realized from the division of containerized marine transport of Chilean CSAV that they are melted with those of the Hapag-Lloyd with effect from the end last year, operation through which the South American company has become the main shareholder of the Hapag-Lloyd with a participation pairs to 34% of the capital ( on 2 December 2014). The revenues have been pairs to 2,37 billion euros regarding 1,66 billion euros in according to trimester last year, with an increment of +42.6% that is effect of the ulterior produced revenues this year from the acquired activities from CSAV. The operating profit has attested to 87,8 million euros respect to operating liabilities of -30,6 million euros in according to trimester of 2014.
In the period April-june of this year the fleet of portacontainer of the Hapag-Lloyd has transported cargo volumes pairs to beyond 1,9 million teu regarding than less 1,5 million teu in the same period of 2014. The medium hire for container teu has turned out pairs to 1.264 dollars, with a decrease of the -11,4% regarding 1.426 dollars in according to trimester last year.
In the first semester of the 2015 fleet of the German company it has transported containerized volumes pairs to 3,7 million teu regarding 2,9 million teu in the first half last year. The medium hire for teu is piled to 1.296 dollars regarding 1.424 in the first six months of 2014.
Hapag-Lloyd has closed the first semester of this year with a profit clearly of 157,2 million euros on revenues for 4,67 billion euros respect to a net loss of -173,3 million euros on revenues for 3,21 billion euros in the first half of 2014. The operating result has been of positive sign for 257,8 million euros respect to a sign result negative for -116,6 million euros in the first six months last year.
The managing director of Hapag-Lloyd, Rolf Habben, has declared himself satisfied of the results achieved from the company in the first semester of 2015. "Our results - it has found - demonstrate that the fusion with CSAV has been the just decision and an important stage in the development of the Hapag-Lloyd since we have already benefitted from integration".
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