• BIST 107.554
  • Altın 151,594
  • Dolar 3,6571
  • Euro 4,3004
  • İstanbul 22 °C
  • Ankara 18 °C

Sales to fall 15 per cent

Sales to fall 15 per cent
China Shipping Container Lines Company will cut capacity for the first time this year as sea-cargo slows amid the global recession.

China Shipping Container Lines Company will cut capacity for the first time this year as sea-cargo slows amid the global recession.

China Shipping Container Lines Company will cut capacity for the first time this year as sea-cargo slows amid the global recession. China's second-biggest container carrier plans to reduce capacity by four per cent by returning leased vessels, chairman Li Shaode said.The shipping line slumped to its first half-year loss since listing in 2004 in the second half as US and European consumers pared spending on Asian-made goods amid the recession.

The company's expects sales this year to fall 15 per cent, it said in a Shanghai stock exchange statement Friday."2009 is a critical year," Li said. "Whether we can walk out from the bottom of this valley depends on the global economy and trade."The company plans to raise rates from next month to pare losses, managing director Huang Xiaowen said.The increases include as much as an extra $350 (Dh1,285) on Asia-Europe routes and as much as $550 on trans-Pacific routes, which would raise rates to about $1,700, he said. The company may seek further increases in June, he said.

www.TurkishMaritime.com.tr

This news is a total 1000 time has been read
  • Comments 0
    UYARI: Küfür, hakaret, rencide edici cümleler veya imalar, inançlara saldırı içeren, imla kuralları ile yazılmamış,
    Türkçe karakter kullanılmayan ve büyük harflerle yazılmış yorumlar onaylanmamaktadır.
    Bu habere henüz yorum eklenmemiştir.
Other News
  • Service Upgrade From North Europe To West Africa11 August 2015 Tuesday 16:36
  • Second Suez Canal04 August 2015 Tuesday 16:23
  • Matson revises!29 July 2015 Wednesday 14:41
  • Tanker Giant Reborn03 July 2015 Friday 11:08
  • China Allows Valemaxes into Its Ports03 July 2015 Friday 10:49
  • Arctic oil rig departs Seattle-area port despite protest01 July 2015 Wednesday 12:46
  • SE Shipping Takes Sainty Marine to Arbitration30 June 2015 Tuesday 13:27
  • Cement carrier runs aground off Swedish coast30 June 2015 Tuesday 13:03
  • 'Shipping Industry concerned about approach to energy exports in U.S.'30 June 2015 Tuesday 11:48
  • Paragon Delays Kamsarmax Deliveries09 June 2015 Tuesday 15:39
  • All Rights Reserved © 2006 TURKISH MARITIME | İzinsiz ve kaynak gösterilmeden yayınlanamaz.
    Phone : 0090 212 293 75 48 | Fax : 0090 212 293 75 49 |