Independent journal on economy and transport policy
07:58 GMT+1
This page has been automatically translated by Original news
In the first six months of this year the terminals of COSCO Shipping Ports have enlivened 56,7 million container (+26.5%)
The company has closed the period with a profit clearly to 195,9 million dollars (- 51.4%)
August 27, 2018
COSCO Shipping Ports, society that is under responsibility of shipowning group Chinese COSCO Shipping and that it is one of the main world-wide terminals operator, has closed the first semester of 2018 with revenues pairs to 495,5 million dollars, with an increment of +79.7% on the first half last year that it is effect mainly of the acquisitions carried out last year from the Chinese terminalista company, first between all those of the Noatum Spanish and the Zeebrugge Belgian Terminal(on 12 June and 28September 11 2017 and May 2018). Excluding such effect the revenues recorded in the first six months of this year pile to 345,2 million dollars, with an increase of +25.2% on the first half of 2017.
In the first semester of the 2018 operating costs they have marked a consisting increase more being it are pairs to 338,0 million dollars (+90.7%). The operating profit has been attested to 111,0 million dollars (- 71.2%) and the profit clearly to 195,9 million dollars (- 51.4%). It is necessary to evidence that in the budget of the first semester extraordinary proceeds for 322,4 million dollars were included.
In the first six months of this year the managed harbour terminals from the Chinese group have enlivened a traffic of the container pairs to 56,7 million teu (+26.5%). Al clearly of the traffic enlivened from the Qingdao Port International Co. (QPI), society that is participated by COSCO Shipping Ports and whose volumes of traffic are included with effect from last May, the total of the first six months of 2018 has been of 47,3 million teu (+13.3%).
The containerized trade enlivened in the first semester of this year from the harbour terminals that COSCO Shipping Ports manages in the Mediterranean has been pairs to 2,08 million teu in the Piraeus Container Terminal (PCT) of the Greek port of Pireo (+18.4%), to 1,29 million teu in Suez Canal Container Terminal (SCCT) of the port Egyptian of Port Saïd (- 5.1%), to 1,76 million teu in the terminals managed from the Spanish Noatum Port Holdings, to 652 thousand teu in the container Turkish terminal Kumport in the Sea of Marmara (+57.8%) and to 36 thousand teu in the Reefer Terminal of the port of Vado Ligure (+158.0%).
- 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
COSCO Shipping Ports, society that is under responsibility of shipowning group Chinese COSCO Shipping and that it is one of the main world-wide terminals operator, has closed the first semester of 2018 with revenues pairs to 495,5 million dollars, with an increment of +79.7% on the first half last year that it is effect mainly of the acquisitions carried out last year from the Chinese terminalista company, first between all those of the Noatum Spanish and the Zeebrugge Belgian Terminal
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
