Lloyd Fonds earned less in 2014

The German shipping investment company Lloyd Fonds did not earn as much in 2014 as in 2013, but the company is pleased with the result. The plan is still to become a listed shipping company, in spite of the first attempts failing in the spring of this year.

Lloyd Fonds, based in Hamburg and which has large investment portfolios in shipping and aviation as well as real estate, has just published its annual report for 2014.

In 2014, revenue at Lloyd Fonds came to almost USD 11 million, a drop from the previous year where revenue landed at USD 14.6 million. Income fell at the company as well to USD 879,000 in 2014, from USD 1.2 million in 2013.

Read the whole article

Get 14 days free access.

No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Several factors explain the plummeting dry bulk rates

Dry bulk rates have taken an unusual dive at the beginning of 2022. Most recently, the Baltic Dry Index dipped by 4 percent Friday. Several factors have triggered a ”panic in the market,” an analyst explains to ShippingWatch.

Further reading

Related articles

Latest news

See all jobs