Independent journal on economy and transport policy
19:14 GMT+1
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In the first trimester of this year ZIM it has recorded a net loss of -56 million dollars
The revenues are diminished of -20,5%
May 26, 2016
In the first trimester of this year the company of Israeli navigation ZIM is incurred in a net loss of -56 million dollars respect to a profit clearly of 12 million dollars in the first three months of 2015. The revenues are diminished of the -20,5% attesting itself to 630 million dollars. More contained the operating cost reduction, that they are come down of the -12,6% to 598 million dollars. The EBITDA has been pairs to 2 million dollars regarding 69 million dollars in the first trimester last year. The operating result has been of sign negative for -23 million dollars respect to a result of positive sign for 40 million dollars in the first three months of 2015.
In the first trimester of the 2015 fleet of portacontainer of the ZIM it has transported cargo volumes pairs to 577 thousand teu., with an increment of +3% on the same period last year. The medium hire for teu has turned out pairs to 943 dollars, down of -25%.
"The absolutely difficult situation of the market - it has commented the president and managing director of the company, Rafi Danieli - has an impact on the entire field. Continuous ZIM to complete progresses with its wide projects of cost reduction placed side by side and efficiency from investments in services of excellence for the customers, as evidenced from recent a first place in ranking assigned to the ZIM in a relationship on the reliability of the schedule".
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Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher
In the first trimester of this year the company of Israeli navigation ZIM is incurred in a net loss of -56 million dollars respect to a profit clearly of 12 million dollars in the first three months of 2015. The revenues are diminished of the -20,5% attesting itself to 630 million dollars. More contained the operating cost reduction, that they are come down of the -12,6% to 598 million dollars. The EBITDA has been pairs to 2 million dollars regarding 69 million dollars in the first trimester last year. The operating result has been of sign negative for -23 million dollars respect to a result of positive sign for 40 million dollars in the first three months of 2015.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
