Independent journal on economy and transport policy
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Contraction of the economic results of the Costamare Greek
The shipowning society confides that the resumption in existence in the market of the portacontainer will guarantee benefits also to the fleets formed from ships of medium ability
January 25, 2018
The Greek company Costamare, that she is owner of a fleet of 70 portacontainer included one of new construction that will be taken in delivery in according to trimester of this year, ships that are mail rental near other companies, has archived item 2017 with a bending of the economic results. The revenues are piled to 412,4 million dollars, down of the -11,9% on 2016. Operating and useful profit clearly has been attested respective to 137,0 million dollars (- 17.5%) and 72,9 million dollars (- 10.8%).
In the solo fourth trimester of the 2017 revenues they have been pairs to 100,6 million dollars, with a bending of the -8,6% on the correspondent period of the year precedence. The operating profit has been of 17,8 million dollars (+210.1%) and the profit clearly of 2,7 million dollars respect to a net loss of -11,0 million dollars in the quarter October-December of 2016.
Commenting the results recorded in 2017, the financial director of Costamare, Gregory Zikos, it has emphasized that 2018 are begun with a decided rise of the market of the containerized marine transport: "up to now - it has specified - the ships of greater dimension have captured great part of the resumption and it confides that this will give to an ulterior impulse to the minor ships dimension". The fleet of the Greek company in fact is constituted by portacontenitori of the ability comprised between about 1.100 teu and 14,400 teu, for a medium ability to 6.600 teu. The ships of smaller abilities to Costamare are constructed to almost all between 1991 and 1999, while in the next years the company has progressively begun to equip itself of unit with an increasing cargo ability, included the five ships of greater capacity - all in a position to transporting beyond 14.400 teu, that they are constructed in 2016.
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The Greek company Costamare, that she is owner of a fleet of 70 portacontainer included one of new construction that will be taken in delivery in according to trimester of this year, ships that are mail rental near other companies, has archived item 2017 with a bending of the economic results. The revenues are piled to 412,4 million dollars, down of the -11,9% on 2016. Operating and useful profit clearly has been attested respective to 137,0 million dollars (- 17.5%) and 72,9 million dollars (- 10.8%).
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
