Independent journal on economy and transport policy
06:23 GMT+1
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Danaos Corporation has closed the second trimester with a profit clearly of 20,2 million dollars (- 54.7%)
turned out Sul - it has emphasized the Greek company - still hung the effect of the failure of the Hanjin
August 4, 2017
In according to trimester of the 2017 revenues of the Greek company Danaos Corporation they are piled to 113,9 million dollars, with a decrease of the -16,9% regarding 137,0 million dollars in the period April-june last year. The operating profit has been pairs to 47,3 million dollars (- 29.3%) and the profit clearly to 20,2 million dollars (- 54.7%).
The fleet of the Greek shipowning society currently is constituted by 59 portacontainer for a total cargo ability pairs to 353 thousand teu, ships that are rented to other companies. In according to trimester of this Danaos year it has placed rental medium 55 portacontenitori.
"The results of according to trimester of 2017 - the managing director of the Danaos has explained, John Coustas - continue to reflect the impact of the failure of the Hanjin on the performances financial institutions of the company". Danaos, in fact, had placed rental eight ships near the Hanjin Shipping South Korean who is put in liquidation at the beginning of this year. "For this trimester - it has specified Coustas - the clearly rectified profit is piled to 29 million dollars regarding 47,7 million dollars in according to trimester of 2016, a decrease pairs to 18,7 million dollars. This decrease is determined by a reduction of 19,3 million dollars of the generated operating revenues from the ships that previously were rented to the Hanjin, and partially is compensated by an light improvement of 0,6 million dollars of the operating result".
In the first semester of the 2017 Danaos it has recorded revenues pairs to 224,0 million dollars, with a bending of the -18,4% on the first half last year. Operating and useful profit clearly has shown decreases respective of -33,2% and -56,4% and is come down to 89,3 million and 38,7 million dollars. The Greek company has specified that the clearly rectified profit has been pairs to 53,6 million dollars regarding 94,9 million dollars in the first six months of 2016 and that the difference of 41,3 million between the two results is caused by a decrease of 41,3 million dollars of the operating revenues caused from the failure of Hanjin Shipping, impact negative emphasized from an ulterior decrease of 9,7 million dollars produced from a deterioration of the market of the hires.
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In according to trimester of the 2017 revenues of the Greek company Danaos Corporation they are piled to 113,9 million dollars, with a decrease of the -16,9% regarding 137,0 million dollars in the period April-june last year. The operating profit has been pairs to 47,3 million dollars (- 29.3%) and the profit clearly to 20,2 million dollars (- 54.7%).
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
