The nine month volume figure compared with 5.4m teu in the same period in 2014, with 2% of the 7% increase contributed by the newly-opened ICTSI terminal in Iraq.
The Manila-headquartered container terminal operator a marginal 0.3% profit increase to $136.2m of rthe first nine months of 2015 compared to $135.7m in the same period in 2014.
During the nine-month period, the company booked a one-off gain of $0.3m from the sale of the terminal in Naha, Japan, but incurred a $1.3m wealth tax on its equity in its Aguadulce project in Colombia and a $0.6m super tax at the terminal in Karachi, Pakistan. Excluding these one-offs, recurring profit increased by 9% in the first three quarters, while revenues increased 2% to $792m from $779m.
Meanwhile volumes increased at Contecon Manzanillo (CMSA) in Mexico and Operadora Portuaria Centroamericana (OPC) in Honduras; new shipping line contracts and services were seen at Pakistan International Container Terminal (PICT); demand increased for services at Subic Bay International Terminal (SBITC) in the Philippines; and consolidation at Yantai International Container Terminal (YICT) in China had positive effects, adding to a total volume increase of 5%.
Meanwhile total throughput in the third quarter of 2015 increased 2% year-on-year, to 1.88m teu from 1,84m teu in Q3 2014. Profit increased 3% in the quarter to $38m from $36.8m in 2014.
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