
One of the major players in the dry bulk market, Genco Shipping & Trading, saw ”strong earnings” in Q2, according to a financial statement.
Net profit landed at USD 47.4m, an increase of almost 50% against the second quarter of 2021 when the result came to USD 32m.
Already a subscriber? Log in.
Read the whole article
Get access for 14 days for free.
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
Get full access for you and your coworkers.
Start a free company trial todayMore from ShippingWatch
DFDS has large sums caught in European VAT spat: "This will affect all forms of transport"
A VAT dispute in Latvia has now left ferry operator DFDS with millions of kroner in extra costs and a future of navigating a bureacratic minefield. However, the Danish carrier predicts challenges throughout the industry: ”It is only when it’s actually happening, that you realize it is a problem,” warns the company’s indirect tax manager.