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Thoresen Thai made money in a tough market

With a fleet of around 40 ships, Thoresen Thai Agencies (TTA) achieved a net profit of USD eight million in the period April - June.

Photo: Thoresen Thai
BY OLE ANDERSEN

Thoresen Thai Agencies (TTA) achieved a net profit of USD eight million in its 3rd fiscal quarter, which ended on June 30th. This means that the carrier is among the few players who have turned a profit in recent months, and this happened in spite of the fact that Thoresen Thai and others have been hit by developments such as the Indonesian export ban on unprocessed commodities.

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