Clearly improvement of the economic results of group COSCO Shipping in according to trimester


In the first semester of the 2017 fleet of portacontainer of the COSCO Shipping Lines, company of navigation integrally controlled from the COSCO Shipping Holdings, the Chinese shipowning group been born 18 February 2016 from the fusion of the activities of containerized transport of groups COSCO and Lowers Shipping( 18of February 2016), has transported containerized cargo volumes pairs almost ten million teu, with an emphasized increment of +34.9% regarding the first half last year.
Consisting
has been also the rise of the medium hire who has turned out pairs to 3.691 yuan (559 dollars) for transported container teu, with an increase of +16.3%. In the specific one, the medium revenue for teu deriving from the marine services international acts from the group has turned out pairs to 4.574 yuan (+19.7%), while the generated medium revenue/teu from national the marine services is piled to 1.725, 52 yuan, in decrease of the -3,46% on the first half of 2016.

In the field of the container harbour terminals, activity segment in which COSCO Shipping Holdings it is present through the COSCO Shipping Ports of which it possesses 46.72% of the share capital, the traffic enlivened in the first half of 2017 has been pairs to 41,8 million teu, with an increase of +11.8%(of the 18 July 2017)

COSCO Shipping Holdings has archived item the first semester of this year with revenues pairs to 43,4 billion yuan (6,58 billion dollars), with a progression of +40.4% regarding the first six months of 2016 (+45.6% taking into consideration the effect of the fusion COSCO-Lower Shipping). The revenues produced from the activity of the fleet of portacontainer have been attested 41,8 billion to yuan (+51.3%; +48.4% including the effects of the fusion) and those deriving from the terminalistiche activities to 1,6 billion yuan (- 4.4%; -2,4% with the fusion).

the operating profit has been pairs to 4,5 billion yuan respect to an operating result of sign negative and pairs to -3,1 billion yuan in the first semester last year (- 3,0 billion taking into consideration the effects of the fusion). The profit clearly is piled to 3,4 billion yuan respect to a net loss of -6,8 billion yuan in the first half of 2016 (- 3,6 billion with the fusion).

In the second solo trimester of the 2017 fleet of portacontenitori ships of the group has transported 5,3 million teu, with an increase of +21.7% on the same period last year. In the period April-june of this year the revenues have been attested 23,3 billion to yuan (+42.9%), the operating profit to 4,0 billion yuan (+302.0%) and the profit to clearly 2,9 billion yuan respect to a net loss of -2,4 billion yuan in according to trimester of 2016.

Ricordiamo that last month the Chinese shipowning group has advanced an offer in order to acquire the entire capital of the Orient Overseas (International) Ltd. (OOIL), society of Hong Kong who work in the field of the containerized marine transport through the company of navigation Orient Overseas Container Linens (OOCL)(of the 10 July 2017).