Pull-up of the economic results of the charter of CAI International container



In the third trimester and the first nine of this year results of the American society of chartering CAI International container they have shown sensitive an ulterior improvement so as generally happened for the other main companies that operate in the same market. "The increment of our activity - it has confirmed the president and managing director of the CAI, Victor Garcia - is continued in the course of the year, with a third particularly positive trimester".

In the third trimester of the 2017 CAI it has recorded revenues pairs to 90,2 million dollars, in increase of +14.9% regarding 78,5 million dollars in the correspondent period last year. The operating profit is piled to 31,9 million dollars (+333.2%) and the profit clearly to 17,6 million dollars respect to a net loss of -5,4 million dollars in the quarter July-september of 2016. Garci'a has specified that in the course of the third trimester of this year the company has benefitted of correlated insurance reimbursements to the failure of the company of South Korean navigation Hanjin Shipping let alone to the extinction of relative debits for "earn-out" to acquisitions carried out previously, factors - she has specified - partially balanced from meaningful exchange losses.

In the first six months of this year the revenues of the CAI have been attested to 254,4 million dollars, with a rise of +17.2% regarding 217,1 million dollars in the same period of 2016. The operating profit and the profit clearly have shown increments respective of +83.4% and +555.7% being are pairs to 74,6 million and 35,5 million dollars.

"Main the fundamental ones of our activity of chartering of the container - it has emphasized Garci'a - continue to being solid, as it can be stated from the rate I use mean of our fleet of property container that in the third trimester of 2017 has been of 98.2% (in terms of Cost Equivalent Unit, ndr)". Al 30 last September the fleet of containers of the society had a consistency pairs to 1,2 million teu, with an increase of +8.0% on on September 30, 2016, of which beyond 1,1 million container of property and 83 thousand container in management. Garci'a has specified that currently the rate I use in terms of CEU is gone up to 98.8% and that the company previews that these levels will remain elevated in the next few months also.