Independent journal on economy and transport policy
16:53 GMT+1
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Triton International anticipates the first economic results after the fusion
the company has a fleet of container of the consistency of 4,8 million teu
August 12, 2016
Triton International Ltd., the society world leader in the field of the intermodal chartering of container that has been born last month from the fusion of the SUCH International and the Triton Container Terminal ( on 13 July 2016), it has been profitable you notice the achieved economic results in according to trimester and the first half of this year from the activity turning out from the new concentration.
In the period April-june of the 2016 revenues deriving from the chartering of the fleet, than on 30 June had a consistency pairs almost 4,8 million teu, is piled to 299,6 million dollars, with a decrease of the -9,2% regarding 329,8 million dollars in the correspondent period last year. The EBITDA rectified is piled to 240,7 million dollars (- 18.1%), the clearly rectified profit to 16,5 million dollars (- 74.8%) and the profit clearly to 4,2 million dollars (- 93.3%).
In the first semester of this year the revenues from chartering have been attested to 611,8 million dollars, with a bending of the -7,1% on the first six months of 2015. The EBITDA rectified has been pairs to 493,2 million dollars (- 16.8%). Clearly rectified and useful profit clearly is diminished respective of the -70,0% and the -85,0% to 42,6 million and 19,4 million dollars.
Commenting the results recorded in the first part of 2016 and speaking about the perspectives for the next months, the president and managing director of the Triton International, Brian Sondey, have explained that, if the conditions of the market have remained difficult, the company has found some sign of resumption in the course of according to trimester, "with a resumption of the question of charterings after a long period of low level of activity. An light increase of the traffic, exacta to a limited production of new container - it has specified - has determined for many of our customers a deficiency of container in some areas and this has determined an increase of the question of our container". Sondey considers that such trend will continue together also in the third trimester to a rise of the rates already found in recent months.
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