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Published:2021.10.12 News Sources:Qingdao Gute Ship Supplies Co., Ltd. Views: | |||
Evergreen Marine's performance in the third quarter broke a record of 100 billion
Thanks to the high freight rates in the market, Evergreen Shipping recorded its second highest profit in September and its performance in the third quarter exceeded 100 billion yuan for the first time, setting a new record. On October 8, Eva Marine announced its combined revenue of NT $49.131 billion in September, up 153.84% year-on-year and down 1.78% from August. This was mainly due to the fact that there was one less working day in September than in August, and the port cancelling caused shipping delays, so the revenue decreased BY NT $890 million. But it still reached the second highest level in history. In addition to the results in September, Evergreen sea's operating revenue in the third quarter was NT $145.01 billion (about RMB 33.282 billion), a quarterly increase of 45%, and the quarterly revenue exceeded NT $100 billion for the first time, again setting the company's quarterly revenue record. Accumulated revenue in the first three quarters reached NT $334.95 billion (about RMB 76.876 billion), up 134.72% year on year. Industry insiders said that Eva Shipping's first 24000TEU ultra large container ship "Changfan" has completed its first voyage on the European line, and the second "Changyi" ship joined the European line on September 10, and is expected to contribute to the whole month of October. Combined with the addition of the GRI in October, Eva Marine's revenue will continue to grow in October based on current freight rates and new capacity. The latest Shanghai export Container freight Index (SCFI), released after the National Day holiday, rose another 33.5 points, or 0.72%, to 4647.6 points, surpassing the 20-week high before the holiday and breaking rumors of a sharp drop in freight rates from China to the West. With the exception of the Far East to The West, which edged down 1.2 per cent to $11,114 per FEU, all major regional routes reported small increases. As the market transportation demand continues to heat up, the port shortage problem is still no solution to form a normal, the industry generally believes that freight rates will continue to maintain high, optimistic evergreen Shipping revenue in the fourth quarter is not weak, and even maintain the third quarter revenue scale. Looking ahead, Eva Shipping's operating performance in 2022 is expected to be the same as this year for three main reasons: First, low replenishment demand and container turnover in Europe and America support freight rates in the first half of 2022 and create space for profit growth; Second, in 2022, Eva Marine will deliver six new 24000TEU ships, with an additional 11% capacity, into the company's most profitable European line. Third, the European line accounted for the proportion of the promotion and about the long protection advantage. |
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