Independent journal on economy and transport policy
20:21 GMT+1
This page has been automatically translated by Original news
In first trimester ZIM it has recorded a fort increase of the costs that has produced to an economic result of sign negative
In the period the fleet has transported 698 thousand container (+16.7%). The value of the medium hire is dropped of -1,6%
May 24, 2018
In the first trimester of this year the company of Israeli navigation ZIM has recorded a worsening of the results had to an increment of +22.2% of the costs, emphasized increase more of the increase of +14.7% of the revenues. In the period the volume of transactions has been of 751,4 million dollars regarding 655,0 million dollars in the first three months of 2017 and the costs are piled to 698,0 million dollars regarding 571,2 million dollars in the first trimester last year.
The rise of the revenues is determined by the increment of the transported containerized volumes from the fleet that have been pairs to 698 thousand teu, with a progression of +16.7% regarding 598 thousand teu in the first three months of 2017, whose positive effect on the turnover is mitigated by light bending (- 1.6%) of the medium hire for transported container that it has turned out of 938 dollars/teu.
The increase of 126,8 million dollars of the operating costs is yields mainly of the increases of 41,7 million dollars of the expenses for handling of container (+14.7%), of 38,7 million dollars of the expenses for fuel (+46.1%), of 22,7 million dollars of the relative expenses to the chartering of the ships and container (+25.7%) and of 19,2 million dollars for harbour taxes (+39.0%).
In the first trimester of 2018 the EBITDA has turned out pairs to 20,7 million dollars (- 59.6%) and the operating result has been of sign negative and pairs to -7,1 million dollars respect to a EBIT of positive sign and pairs to 24,6 million dollars in the first trimester of 2017. ZIM has closed the first three months of this year with a net loss of -34,1 million dollars respect to a net loss of -6,4 million dollars in the correspondent period of 2017.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher
In the first trimester of this year the company of Israeli navigation ZIM has recorded a worsening of the results had to an increment of +22.2% of the costs, emphasized increase more of the increase of +14.7% of the revenues. In the period the volume of transactions has been of 751,4 million dollars regarding 655,0 million dollars in the first three months of 2017 and the costs are piled to 698,0 million dollars regarding 571,2 million dollars in the first trimester last year.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
