The shipping industry stabilized stabilized out of the trough

Shanghai Shipping Exchange yesterday released "2014 China's shipping enterprises to create wealth list." The list shows that in 2014 China 72 port and harbor listed company's total revenue reached 774.124 billion yuan, representing an increase of 9.10% in 2013; total profit reached 40.906 billion yuan, representing 141.32% increase in 2013; loss-making enterprises from 2013 15 down to 10 home. The data show that under the new normal the Chinese shipping industry is stabilized stabilized, and gradually out of the trough.
According to the "Rich List" income list, CIMC Group to 70.071 billion yuan in total revenue exceeded 2013 ranked first in China Ocean, ranked first, which is the only one list the total income of more than 70 billion yuan of enterprises . China COSCO to 64.374 billion yuan of total revenue ranked second; China Heavy Industry to 60.972 billion yuan of total revenue ranked third, unchanged from last year. Sinotrans, OOCL, CSCL, COSL, Shanghai Port Group, China Shipping and Evergreen Marine are ranked fourth to tenth. Overall, in addition to four offshore and marine-related enterprises, shipbuilding enterprises in the income rankings remained stable. Huasheng Energy has been renamed the original China Rongsheng Heavy shipbuilding contract for the cancellation of revenue back to -38.02 billion yuan of revenue ranked the last income list, a private shipbuilding enterprises to undergo a painful transformation in a microcosm. Huarong Energy is also the only one on the list of negative income businesses.
In the net profit list, CNOOC clothing to 75.20 billion yuan net profit reelection champion; Hong Kong Group to 6.767 billion yuan of net profit followed; * ST Phoenix to 4.407 billion yuan in net profit by 2013 seventy Rocket jump up to third place, its huge gains mainly from bankruptcy reform debt restructuring gains. On the whole, port enterprises and marine enterprises ranked in the top, in the list of net profit, there are five port enterprises and four marine and marine-related enterprises, a number of shipping companies rankings have improved.
On the one hand, the two shipbuilding groups began large-scale integrated operations; the other hand, private shipbuilding enterprises are constantly coming out of bankruptcy, restructuring, restructuring and other aspects of information. While the four marine and marine-related enterprises in spite of the situation facing oil prices plummeted, in terms of income and net profit remained stable trend. Shipping experts said that China's shipbuilding and marine engineering enterprises are in the process of integration and transformation, during which the performance of differentiation is a very normal phenomenon. Along with China's largest private shipbuilding enterprises Huarong energy ready to sell shipbuilding business, on a wave of shipping peak brought shipbuilding peak is gradually began to bubble, the future of China's shipbuilding industry will be centralized, large.

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