Independent journal on economy and transport policy
06:50 GMT+1
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The results of the producer of container CIMC grow, but the perspectives are not rose-colored
Attended a weakening of the question in the second half of 2015
August 28, 2015
In the first semester of this year International Marine Containers (Group) Co Lowers. (CIMC), Chinese company world leader in the field of the production and intermodal commercialization of container, has sold containers for cargos dries for a total of 736 thousand teu, with a progression of +17.7% on the first half of 2014, and has sold container reefer for 87 thousand teu (+22.9%). The revenues generated from the division of the company that takes care of production and commercialization of the container are piled to 12,5 billion yuan (1,9 billion dollars) on a total volume of transactions that has been attested 32,6 billion to yuan, with increments respective of +8.5% and of +1.8% on the first six months of 2014. CIMC it has recorded an operating profit of 2,0 billion yuan (+61.5%) and a profit clearly of beyond 1,6 billion yuan (+28.5%). The economic result clearly produced from the division container has been pairs to 710 million yuan, with an increase of +120.0% on the first semester last year that it is determined mainly by proceeds deriving from modifications of the fair value of the derived financial instruments.
CIMC it previews that in the second half of this year the container question will be relatively weak person regarding that recorded in the first semester of 2015. Commenting the perspectives of own activity of production of containers, the Chinese company has found that, in consideration of the forecasts of the International Monetary Fund and the World-wide Bank second which in the next few months the world-wide economy will experience a slower increase regarding the beginning of the year, the main world-wide institutions that take care of the field of the marine transports the esteem of the increase of the world-wide containerized trade for 2015 have touched up to the decrease. CIMC it has observed that currently continuous the foreign question of containers to being weak person, than the exports of China they continue to slow down and that, therefore, the field of the shipping is up against an increase of the ability to the fleet that is very advanced regarding that of the volumes of containerized cargos and has evidenced that the relative hires to the marine services west-east and East-West have repeatedly recorded new minimums. Moreover CIMC have specified that this year the industry of the shipping records turned out inferior to the waits and this has determined to an increase of the consistency of the park of container not used, factor that in the second half of the year of 2015 will have a remarkable impact on the container question.
Al the 30 last June dependent of group CIMC were 61,723 regarding 61.074 on June 30, 2014.
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