Independent journal on economy and transport policy
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Decided attenuation of the trend of increase of the traffic of the container enlivened from the harbour terminals of ICTSI
In the 2015 economic result clearly of the Philippine group it has recorded a decrease of -64%
March 8, 2016
In the course of the 2015 trend of increase of the containerized trade enlivened from the harbour terminals managed from the Philippine group International Container Terminal Services, Inc. (ICTSI) has gone progressively attenuating itself. Altogether last year the volume enlivened total has been pairs to 7,8 million container teu, with a progression of +4.5% on 2014. The terminals of the group in Asia have enlivened 4,1 million teu (+7.2%), the terminals in Americas 2,7 million teu (+1.9%) and the terminals in Europe, Middle East and Africa 943 thousand teu (+1.4%).
In the solo fourth trimester of 2015, for the first time after 24 consecutive trimesters of increase, the traffic has turned out down being is pairs to 2,0 million teu, with a bending of the -1,0% on the period October-December of 2014. In Asia the traffic has remained stable to 1,1 million teu, while in the Americas and Europe, Middle East and Asia it is diminished respective of the -2,9% and the -2,1% coming down to 657 thousand and 254 thousand teu.
Moreover, after a longest series of trimesters concluded with an economic result clearly of positive sign, in the fourth trimester of the 2015 ICTSI is incurred in a net loss of -74,7 million dollars respect to a profit clearly of 49,2 million dollars in the same period of 2014. In the last trimester last year the revenues are dropped of the -7,7% attesting itself to 265,8 million dollars and the operating profit is piled to 77,6 million dollars (- 11.9%).
In the entire exercise anniversary the 2015 Philippine terminalista group has totaled a profit clearly of 69,0 million dollars on revenues for 1,07 billion dollars, with decreases respective of the -64,0% and the -5,1% on the exercise precedence. The single revenues deriving from the harbour activities have been of 1,05 billion dollars (- 1.0%). The operating profit has been pairs to 323,6 million dollars (+0.7%). To evidence that the result of 2015 includes burdens for value reduction relative pairs to 88,0 million dollars to the branch Argentine Tecplata (the result of 2014 includes analogous burdens for about 39 million dollars).
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In the course of the 2015 trend of increase of the containerized trade enlivened from the harbour terminals managed from the Philippine group International Container Terminal Services, Inc. (ICTSI) has gone progressively attenuating itself. Altogether last year the volume enlivened total has been pairs to 7,8 million container teu, with a progression of +4.5% on 2014. The terminals of the group in Asia have enlivened 4,1 million teu (+7.2%), the terminals in Americas 2,7 million teu (+1.9%) and the terminals in Europe, Middle East and Africa 943 thousand teu (+1.4%).
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
