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19 July 2019 The on-line newspaper devoted to the world of transports 01:49 GMT+2

March 29, 2019

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Original news
In the second half of the year of the 2018 harbour terminal of the CMPort Chinese they have enlivened 55,2 million container (+4.7%)

Worsening of the economic performances in the period

China Merchants Port (CMPort), society that China Merchants Group (CMG) of Hong Kong is under responsibility of and that it is one of the main world-wide terminals operator in the field of the container, has concluded year 2018 with an enlivened total containerized trade of 109,06 million teu from the terminals operated from the company, with an increment of +6.0% on 2017, which teu enlivened from the terminals in Taiwan and Hong Kong, 88,40 million China (+4.5%) and 20,66 million teu in the terminals situated in other nations (+12.9%). Between these last ones the Terminal is included Link, society participated to 49% from the Chinese company and to 51% from the French shipowning group CMA CGM that at the beginning last year has acquired the Thessaloniki Port Authority that manages the Greek port of Salonicco, Terminal Link that in 2018 it has enlivened 13,64 million teu, with a rise of +8.6% on the year precedence.

Last year the revenues of CMPort are piled to 10,16 billion dollars of Hong Kong (USA 1,3 billion dollars), with an increase of +16.9% on 2017. The operating profit has attested to 6,01 billion dollars of Hong Kong (+91.5%) and the profit clearly to 7,95 billion dollars of Hong Kong (+18.7%). Clearly the improvement of the financial results has produced in the first part of 2018, period in which among other things is enrolled extraordinary proceeds pairs to 3,75 billion dollars of Hong Kong determined from the cession of the participation of the group in the Shenzhen Chiwan Wharf Holdings(on 3 September 2018).

In the second half of the year of the 2018 economic performance of CMPort they have recorded a worsening, with revenues that have totaled 4,60 billion dollars of Hong Kong, down of the -0,8% on the first six months of the year precedence, an operating profit of 201 million (- 77.2%) and a profit clearly of 2,04 billion (- 36.7%).

In the second part last year the trend of increase of the containerized trade enlivened from the terminals of the company that has been pairs to 55,2 million teu, with an increase of +4.7% has been attenuated also respect to a progression of +7.3% in the semester precedence.

In entire the 2018 other types of goods enlivened by the harbour terminals of the Chinese society have totaled a traffic of 502 million tons (- 0.7%), of which 252 million tons enlivened in the single second half of the year (- 2.0%).

Evergreen Line Vincenzo Miele

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