Lloyd's List is part of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

Printed By


Lower bunker costs help SITC to 11% rise in first-half profits

The intra-Asia feeder’s revenue from container operations was almost flat, while pre-tax profits rose sharply and margins also increased as costs fell

Although profits and margins have been good in the first half of the year, many of the gains have come from lower bunker costs, which raises questions as to how sustainable the good performance will be going forward, as economies recover and energy demand rises with oil prices going up in line. Notably, SITC saw lower average freight rates, unlike many of its peers

Related Content





Ask The Analyst

Please Note: You can also Click below Link for Ask the Analyst
Ask The Analyst

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts