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06 June 2020 The on-line newspaper devoted to the world of transports 18:08 GMT+2

March 29, 2019

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Original news
In the 2018 profit clearly of COSCO Shipping Holdings it has recorded a decrease of -41,4%

The fleet of portacontainer of the Chinese group has transported 21,8 million teu, with an increase of +29% thanks to the OOCL contribution

In the 2018 fleet of portacontainer of shipowning group Chinese COSCO Shipping it has transported cargo volumes pairs to 21,8 million teu, with a progression of +29% on the year precedence, of which 18,4 million teu transported from company COSCO Shipping Lines (+8.7%) and beyond 3,4 million teu from the ships of the Orient Overseas Container Linens (OOCL) of the OOIL, society that the Chinese group has last year acquired to half(on 29 June 2018).

The group COSCO Shipping Holdings, to which this activity of containerized marine transport is under responsibility, has closed the exercise anniversary 2018 with revenues pairs to 120,34 billion yuan (17,9 billion dollars), with an increment of +33.1% regarding 90,40 billion yuan in 2017 to which it has contributed also the acquisition of the OOCL. The revenues in the single field of the containerized marine transport are piled to 114,75 billion yuan (+32.3%), while those totaled in the field of the harbour terminalismo, in which the group work through COSCO Shipping Ports, they have been attested 5,50 billion to yuan (+50.5%). We remember that last year the harbour terminals of COSCO Shipping Ports have enlivened 98 million teu, with an increase of +11.5% on 2017(on 15 January 2019).

Last year the total costs of the shipowning group have been pairs to 110,72 billion yuan (+33.8%). The operating profit has been of 5,00 billion yuan (- 11.7%) and the profit of clearly 2,83 billion yuan (- 41.4%).


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