SeaNews Turkey - China Shipping widens quarterly loss tenfold to US$229 million

Home

FAQ

RSS

Links

Site Map

Contact

Wednesday, 22.May.2013, 08:35 (GMT+3)

Keyword:

[Advance Search]

All News

COLUMNISTS

»	CAHIT ISTIKBAL

»	NILUFER ORAL

»	STEVE PELECANOS

»	SULEYMAN SAVAS

WORLD SHIPPING

SHIPPING NEWS

»	TURKISH STRAITS

»	HELLENIC SHIPPING NEWS

»	CRUISE NEWS

»	PILOTAGE&TOWAGE

»	SAFETY&SECURITY

»	Environmental

»	Towage & Salvage

»	Anatolian Agency

»	Hurriyet Daily News

»	HDAILYNEWS

LLOYD'S LIST

INSIGHT/OPINION

SHIPBROKER REPORTS

Poll

What you expect from freight market in 2013?

	Better than 2012.
	Worse than 2012.
	Continue recovering.
	Steady up.
	Rapid rise.
	None

WORLD SHIPPING

China Shipping widens quarterly loss tenfold to US$229 million

CHINA Shipping Container Lines widened its first quarter year-on-year loss tenfold to CNY1.5 billion (US$229 million), compared with the CNY146.1 million the country's second biggest carrier lost last year.

First quarter revenue fell 1.1 per cent to CNY6.4 billion year on year while operating costs increased 15 per cent to CYN7.7 billion, the company revealed in a statement to the Hong Kong stock exchange.

Read: 1035 Times-

China Shipping, - Follow @SeaNews_Tr

Rating (Votes: 0)

Add your comment(Existing: 0)

Tell friend

COMMENTS ( 0 Existing)

Related Articles:

» Boxes or WTO? Study shows boxes were biggest trade contributor

» China to invest more in Greece

» Greece to buy 142 new ships from China

» First Polish container terminal joins Port of Rotterdam's InlandLinks

» Turkey and Egypt agree to an Iran’s OPEC alternative

» Shanghai International Port Group's container April volume up 3.9pc

» Hamburg first quarter box volumes fall 1.4pc to 1.2 million TEU

» Long Beach container volume up 12.5pc in April, but LA down 9.5pc

» UK: Maersk Receives IMO Award for Sustainable Development

» Channel's Haropa triple-port complex voted Best Seaport in Europe

» Italy: Keel Laid for P&O Cruises’ 141,000-Ton Cruise Ship

» Martek Marine: “shipping companies face potential manslaughter charges”

» International Bunkering appoints 3 more traders

» Maersk Line Limited reflags to US eight second-hand vessels

» Hutchison's Felixstowe port named Best Container Terminal in Europe

» Ningbo-Zhoushan port now accessible to world's biggest 18,000-TEUers

» Half the ships docking at Long Beach must use shore power on January 1

» Energy-Efficiency Regulations Main Topic at IMO Marine Environment Committee Meeting

» Malaysian ports expand, keep growing despite east-west trade weakness

» Singapore wins Best Seaport in Asia award for 25th year in a row

» Half the ships docking at Long Beach must use shore power on January 1

» New Names For PRINCESS DANAE, ARION And ATHENA

» Canada aligns ship pollution with US laws on shared waterways

» Incomplete ferry MM 64 FC passed through the Strait of Dardanelles

» Terminal operator NUTEP continues ambitious development programme at Novorossiysk

» Port of Tyne Breaks Its Own Records with 2012 Financial Results (UK)

» HPA to Organize IAPH World Ports Conference 2015 (Germany)

» Port of Mumbai suffers 81pc decline in April container throughput

» 200 dockers return, but 100 Global men jobless as firm closes shop

» Fate caught the young pilot Michele Robazza at his sleep...

» Dock strike threatens again after workers stomp out over lunch money

» Widest ship on the Yangtze River sails from Jiangsu to US

» Hong Kong's 40-day dock strike ends when both sides meet half way

» The Russian Warship Bora Will Visit Istanbul In May

» Hong Kong port strike ends with 9.8% raise for dockworkers—plus potty breaks

» Iran: Construction Activity at Chamkhaleh Port Continues

» Court dilutes Hutchison injunction, but dockers seem OK with 9.8pc hike

» Martek: “Five months left for shipowners to combat world’s biggest killer and meet new MLC rules”

» International Bunkering promotes staff member

» UK Shipping minister committed to putting £31.7bn shipping industry centre-stage

» Discover Scotland in relaxation

» Rowboat to promote HIV testing departs Brazil on MSC Krystal

» British defence agency publishes new set of Asian danger zone charts

» More than 200 ports and shipping majors attend IAPH conference in LA

» Florida's deeper port ambitions tangled in ever-lengthening red tape

» Hanjin narrows loss 883pc to US$31.1 million, sees better days ahead

» Cheong Kong Centre goes to court to evict dockers, talks break off

» Cheap Malaysian bunker fuel lures carriers away from Singapore

» Antwerp boxes off 2.8pc in first quarter, but overall cargo up 1.4pc

» Talks go on, but non-striking dockers walk out after vowed rise no-shows

Other Articles:
	China Cosco Holdings triples loss in first quarter to US$423 million (Tuesday,01.05.2012)
	Shanghai index rates to USWC at $2,415/FEU, Asia-Europe at $3,556/FEU (Tuesday,01.05.2012)
	Maersk raises rates on variety of trades on May 1, and again from mid-May (Tuesday,01.05.2012)
	Oceania takes delivery of new cruise ship Riviera - Baltimore Sun (Monday,30.04.2012)
	Nigeria to Ship Six Cargoes of Bonny Light Crude in June - Bloomberg (Monday,30.04.2012)
	More Dewey Partners Jump Ship - Wall Street Journal (blog) (Monday,30.04.2012)
	Titanic II: Between replica ship and Hologram Tupac, resurrections abound - Washington Post (blog) (Monday,30.04.2012)
	No distress signals sent before ship hit yacht - Boston Herald (Monday,30.04.2012)
	Apex court frowns on Italian ship case developments - Deccan Chronicle (Monday,30.04.2012)
	Maersk Takes Part in U.S. Military’s Shipping Business (Monday,30.04.2012)