02/12/2022at 11:27

Stena AB more than triples earnings in Q3

Swedish shipping group Stena AB benefits from strong tanker market and increased ferry activity, pulling up the company’s latest quarterly result.

by DANIEL LOGAN

Stena AB increased its bottom line significantly in Q3, with ferry operations and the overall state of the tanker industry contributing to growth, as evident from the latest financial report from the Swedish shipping group, which also deals in offshore drilling and property.

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Stena AB more than triples earnings in Q3

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Related articles:

Concordia Maritime missed upswing: "It is obviously sad"

Stena Bulk sees signs of upswing lasting into 2024

Sign up for our newsletter

Front page now

Maersk divests historic ship – was world's biggest in 1997

Port of Rotterdam expects regular bunkering of methanol by the summer

Drewry director eyes one central weakness in Maersk's strategy

Police find 4.5 tonnes of cocaine aboard freighter at Canary Islands

Car carriers have rarely seen such profits: "We are probably at an all-time high"

Maersk rebrands Hamburg Süd and several other well-known subsidiaries

Further reading

Drewry director eyes one central weakness in Maersk's strategy

End of 2M alliance could trigger a domino effect

Car carriers have rarely seen such profits: "We are probably at an all-time high"

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