Independent journal on economy and transport policy
04:25 GMT+1
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FSL Trust closes 2016 with a net loss of -31 million dollars determined from the devaluation of ships
the revenues are diminished of the -7,9% attesting itself to 98,1 million dollars
February 23, 2017
The shipowning society First Ship Lease Trust (FSL Trust) of Singapore has archived item exercise 2016 in loss, liabilities that - as for other companies that rent the fleet of they property to other carriers - are determined by the reduction of the value of ships. The fleet of the FSL Trust is constituted by 22 units, of which 12 product tanker, two oil tankers, three to chimichiere and five portacontainer.
The society of Singapore has closed the 2016 with a net loss of USA -31,0 million dollars respect to a profit clearly of 14,1 million dollars in the exercise anniversary precedence. and the operating result has been of sign negative for -17,7 million dollars respect to an operating profit of 23,3 million dollars in 2015. In the budget 2016 FSL Trust have enrolled impairment loss pairs to -44,1 million dollars relative to the devaluation of five portacontainer, two oil tankers and a product tanker regarding -971 thousand dollars in 2015 relatively to two portacontainer.
In the solo fourth trimester of the 2016 company has recorded a net loss of -42,3 million dollars on revenues pairs to 23,2 million dollars respect to a profit clearly of 83 thousand dollars on revenues pairs to 25,9 million dollars in the period October-December of the year precedence. The operating result has been of sign negative for -40,3 million dollars respect to an operating profit of 2,6 million dollars in the last trimester of 2015.
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The shipowning society First Ship Lease Trust (FSL Trust) of Singapore has archived item exercise 2016 in loss, liabilities that - as for other companies that rent the fleet of they property to other carriers - are determined by the reduction of the value of ships. The fleet of the FSL Trust is constituted by 22 units, of which 12 product tanker, two oil tankers, three to chimichiere and five portacontainer.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
