Independent journal on economy and transport policy
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In improvement the performances in the segment of the containerized marine transport of the Japanese "K" Linens, MOL and NYK
Hard increase of the cargo volumes transported on the main routes, in particular on that Asia-Europe
October 31, 2017
In according to trimester of fiscal year 2017, period that has been concluded 30th September, the Japanese shipowning societies Kawasaki Kisen Kaisha ("K" Linens), Mitsui O.S.K. Lines (MOL) and Nippon Yusen Kaisha (NYK) have recorded an sensitive increase of the volume of transactions and an improvement of the performances in the segment of the containerized marine transport, activity that recently the three companies have agreed to melt creating to joint venture Ocean Network Express (ONE) ( on 7 July 2017). Joint venture will become operating on April 1°, 2018, but while in these days time will begin the business activity to promote the new containerized services of the ONE. Moreover the next January is previewed the opening of the headquarters of joint venture to Singapore and by the next February the operating system and of booking will be activated that it will manage the new activity.
While "K" Linens has archived item the second trimester of fiscal year 2017 with revenues pairs to 291,5 billion yen (2,6 billion dollars), with an increment of +18.2% regarding 246,6 billion yen in the period July-september of the exercise precedence. Operating result and result clearly have been both of positive sign and pairs respective to 2,4 billion and 4,6 billion yen against results of sign negative and pairs to -13,6 billion and -23,7 billion yen in according to trimester of fiscal year 2016.
In the single segment of the transport by sea of container "K" Linens have totaled revenues pairs to 157,2 billion yen (+26.1%) and an ordinary profit of 2,9 billion yen respect to a result of sign negative for -8,7 billion yen in the quarter summery of 2016. In the period July-september of this year the fleet of portacontainer of the company has transported altogether cargo volumes pairs to 588 thousand teu on the main routes Asia-North America and Asia-Europe, with a progression of +5.2% on the same period of 2016. In particular, on the transpacifiche routes the volumes have turned out almost stable being are pairs to 373 thousand teu (- 0.8%), of which 268 thousand teu in direction eastbound (+0.8%) and 105 thousand teu from the North America to Asia (- 4.5%), while on the Asia-Europe routes the volumes have grown of +17.5% being piled to 215 thousand teu, of which 122 thousand in the report westbound (+17.3%) and 93 thousand in that opposite (+17.7%).
MOL has closed the second trimester of fiscal year 2017 with revenues pairs to 415,6 billion yen (+17.6%), with an operating profit of 10,0 billion yen (+543.9%) and with a profit of clearly 7,8 billion yen (- 46.3%). To the voice of the containerized marine transport the company has marked revenues pairs to 194,0 billion yen (+33.4%) and an ordinary profit of 2,1 billion yen respect to a sign result negative for -9,7 billion yen in the period July-september last year.
In the quarter July-september of the 2017 portacontenitori ships of MOL they have transported cargos pairs to a total of beyond 1,2 million teu on all the routes in which +18.6% are engaged (). On the sun broken transpacifiche and Asia-Europe the volumes are piled to 662 thousand teu (+31.6%). In particular, the services America Asia-North have totally transported 371 thousand teu (+14.9%), of which 246 thousand teu on the ships directed towards east (+19.4%) and 125 thousand teu on those directed westward (+6.8%). The traffic on the Asia-Europe routes has been attested to 291 thousand teu (+61.7%), of which 118 thousand teu transported from the 173 thousand and east west (+53.2%) teu in opposite direction (+68.0%).
NYK has concluded the second trimester of fiscal year 2017 with revenues pairs to 542,6 billion yen, in rise of +18.5% on the correspondent period of the exercise precedence. Operating and useful profit clearly has totaled respective 9,2 billion and 3,9 billion yen against sign results both negative for -11,5 billion and -217,0 billion yen in the quarter July-september last year. In the single field of the containerized services of line NYK it has recorded revenues pairs to 179,1 billion yen (+28.6%) and an ordinary profit of 7,7 billion yen respect to a sign result negative for -6,5 billion yen in the exercise precedence.
NYK has not still announced the total of the volume of containerized trade transported from own ships in the quarter July-september of this year, but only the traffic enlivened in the past months of July and August that is piled altogether, and relatively to the sun broken eastbound, 172 thousand teu for services Asia-USA (+20.3%) and to 119 thousand teu for that Asia-Europe (+40.0%).
In entire the first semester of the fiscal year 2017 (period April-september) the company "K" Linens has recorded revenues pairs to 578,9 billion yen, with an increase of +17.9% on the first half of the exercise precedence. Operating and useful profit clearly pairs to 6,2 billion have been and 13,2 billion yen against results of sign negative for -36,1 billion and -50,5 billion yen in the first semester of exercise 2016.
MOL has archived item the period April-september of this year with revenues pairs to 818,9 billion yen (+14.8%). The operating profit has been of 11,1 billion yen (+215.5%) and the profit of clearly 13,1 billion yen (- 18.3%).
In the first six months of the fiscal year 2017 NYK have totaled revenues pairs to 1.064, 3 billion yen (+14.6%). The operating profit and the profit clearly have been pairs to 12,7 billion and 9,3 billion yen against results of sign negative for -22,5 billion and -229,8 billion yen in the first semester of exercise 2016.
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