Independent journal on economy and transport policy
10:12 GMT+1
This page has been automatically translated by Original news
Growth in the economic results of the Chinese shipping group COSCO Shipping in the second quarter
In the April-June period, the container fleet carried 6.2 million teu (-5.2%)
August 28, 2020
If containerized cargoes in the second quarter of 2020 moved by the group's port terminals operated through COSCO Shipping Ports fell -3.2% (15 July 2020), containerized cargoes handled by group's shipping companies - COSCO Shipping Lines and Orient Overseas Container Line (OOCL) - down -5.2% 6.2 million teu, of which more than 4.5 million teu moved by COSCO Shipping Lines (-5.4%) and 1.7 million teu from OOCL (-4.6%) (24 July 2020).
In particular, in the second quarter of this year, COSCO Shipping Lines revenue of 23.3 billion yuan, or 4.6%, of which 5.9 billion yuan billions generated by the company's trans-Pacific services (4.5%) carrying loads of 640,000 teu (-4.5%), 5.5 Asia-Europe services (10.2%) they carried 794 thousand teu (-11.9%), 5.7 billion from intra-Asian services (13.1%) carrying more than 1.2 million teu (up 1.0%), 2.7 million Chinese national services (-12.1%) they carried 1.4 million teu (-4.1%) and 3.5 billion from other services company's international (-0.8%) carrying 441 thousand teu (-13.9%). Operating profit in the second quarter of 2020 from containerized shipping activities group was 1.4 billion yuan, or 2.1%, And net profit at 1.3 billion (-4.6%).
- 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
If containerized cargoes in the second quarter of 2020 moved by the group's port terminals operated through COSCO Shipping Ports fell -3.2% 
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
