COSCO Shipping volume grew 23% during the first half of the year

Late on July 5th, COSCO Shipping disclosed June operation data show, the company completed volume 827000 tons, grow 16.4% compared to the same period; complete Volume 49 tons of sea, grow 16.6% compared to the same period.

1 - June, company total volume 5202000 tons, grow 23.5% compared to the same period; complete volume 308.1 tons of sea, grow 19.3% compared to the same period.

COSCO Shipping during the first half of the volume compared to last year's dismal, already have signs of warmer.Especially company in May year-on-year growth in April 1.7% by volume of low rebound to 42.8%, the monthly volume reached 1024000 tons, for the historical time high.

In the volume growth at the same time, including COSCO Shipping inside much home liner companies in the first half of the year focus substantially price, trying to get rid of the "run voyage without money" odd group.

Prior to 2011, due to higher fuel costs, freight transport power is surplus space is not high and low impact, shipping enterprise "run voyage without money" phenomenon, dragged down the gain level of whole industry.

The first half of this year, with the BDI preliminary warmer, Maersk, the China Ocean, CSCL, Orient Overseas, COSCO Shipping and other domestic and foreign large liner companies have raised the price of hemostasis.The shipping company has three raised tariffs, Pan Pacific routes, Far East, Macao, South America and other popular routes price broke up two times.The COSCO Shipping controlling shareholder COSCO raised, from June onwards will be at the Pan Pacific route levy surcharge, $600 each big cabinet.

COSCO Shipping 5 fell 2.86%, to close at 4.08 yuan.

Source: Financial Network