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Korea's Heung-A rebuts spreading tales of its fearful finances
来源： 编辑：编辑部 发布：2018/03/27 15:11:51
KOREAN intra-Asia liner and chemical tanker and logistics operator Heung-A has written to reassure shippers it is not going under because it dropped intra-Asian loops was due to their "low profitability".
Heung-A, the 29th container carrier by size, also denied it was in arrears on charter hire or other payments, including terminal and port costs, reported Paris-based maritime research house Alphaliner.
Heung-A posted a net loss of US$69 million last year, following a deficit of $16 million the year before, noted London's Loadstar.
Heung-A was carrying debt of $594 million by the end of 2016, but has not so far reported its current level of indebtedness, Loadstar added.
Heung-A said it was "studying and planning to announce new routes or slot purchases in the near future to further complement its existing services".
According to vesselsvalue.com, Heung-A's fleet of 12 small containerships and 17 chemical tankers has a current asset value of $286 million, or $50 million as scrap.
Heung-A operates a fleet of 37 box ships (including 21 chartered ships) for a total capacity of 46,068 TEU.
Heung-A, the 29th container carrier by size, also denied it was in arrears on charter hire or other payments, including terminal and port costs, reported Paris-based maritime research house Alphaliner.
Heung-A posted a net loss of US$69 million last year, following a deficit of $16 million the year before, noted London's Loadstar.
Heung-A was carrying debt of $594 million by the end of 2016, but has not so far reported its current level of indebtedness, Loadstar added.
Heung-A said it was "studying and planning to announce new routes or slot purchases in the near future to further complement its existing services".
According to vesselsvalue.com, Heung-A's fleet of 12 small containerships and 17 chemical tankers has a current asset value of $286 million, or $50 million as scrap.
Heung-A operates a fleet of 37 box ships (including 21 chartered ships) for a total capacity of 46,068 TEU.