Independent journal on economy and transport policy
07:41 GMT+1
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Seaspan has concluded fourth trimester 2016 with a profit clearly of 1,4 million dollars (- 98.1%)
The revenues are diminished of -2,4%
March 1, 2017
On the results of the fourth trimester of the exercise the 2016 of the shipowning society Seaspan hung Corporation effect of the prosecuzione of the recording of the reduction of the value of ships of the fleet, devaluation that in the period has been relative to six portacontainer of inferior ability to 5.000 teu and that it is piled altogether to 82,4 million dollars.
In the last trimester last year the company has totaled revenues for 213,2 million dollars, with a decrease of the -2,4% on the period October-December of 2015. The costs, mainly for effect of the devaluation, have grown of +80,0 million dollars to 228,9 million dollars. The operating result has been of sign negative and pairs to -15,7 million dollars. The profit clearly is piled to 1,4 million dollars, with a decrease of the -98,1% regarding 76,2 million dollars in the fourth trimester of 2015.
In the entire exercise anniversary 2016 Seaspan has recorded revenues pairs to 877,9 million dollars, with an increment of +7.2% on the year precedence. The costs have been attested to 870,6 million dollars (+85.9%), figure that includes burdens for reduction of the value of ships 16 ships of the fleet, all of inferior ability to 5.000 teu, that they have been pairs to 285,2 million dollars regarding no devaluation recorded in exercise 2015. The operating profit has been attested to 7,3 million dollars (- 97.9% and the economic result clearly have been of sign negative and pairs to -139,0 million dollars respect to a profit clearly of 199,4 million dollars in 2015.
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