RONG SHANG LOGISTICS

A number of shipping giant explosion of the performance

  A number of shipping giant explosion of the performance of the performance of a number of shipping giant explosion, According to the China Securities News, a number of shipping giant, has released the latest results show that the shipping giants performance all appear at an alarming rate.

  Headquartered in Denmark's Maersk earnings report released on 19th showed that the group's operating income for the quarter of $12 billion, $11 billion higher than the same period last year.

  Maersk also said to be from an earlier forecast of full-year profit 2014 of about $4 billion to about $4.5 billion.

  In addition, Maersk also announced that, will be starting in the next 12 months, $1 billion share repurchase program. And shipping sources said in August 19th, a British ship brokerage and shipping services group, Clarkson (Clarksons) $6.1 million in the same period last year-half profit jumped 60% to 9.8 million pounds.

  As an important indicator of the shipping industry, BDI index this week there is also a larger increase.  The success of BDI index to breach the 1000 mark August 18th, to 1042, 10.62% per cent. The success of BDI index to breach the 1000 mark August 18th, to 1042, 10.62% per cent. Several industry experts said the BDI time, the ferocious rally, mainly due to strong growth in China's demand for iron ore, etc., As well as the impact of the international economic recovery in Europe and the United States.

  For the domestic shipping market, Li said Dong Mi of Ningbo Port Since 2014, with the passage of time and the adjustment of enterprises to take the initiative in transition within the industry, whether it be oil shipping market dry bulk market are improved compared with the same period last year. The shipping company cash balance transition to the break-even point 2014, part of the shipping company to profitability.

  Industry insiders said, With the recovery of shipping demand, BDI to rebound, coupled with the recent domestic shipping of leading Chinese ocean-going ships of procurement, it is a positive signal the recovery of the shipping industry.