Star Reefers: We are being hit by aggressive container carriers
Siem Shipping, which controls a fleet of 30 specialized reefer vessels under the name Star Reefers, delivered a net deficit of USD 1.9 million in the third quarter of 2016 against a USD 2.5 million plus in the same period last year. The carrier also went backwards on EBITDA with a halving of the USD 3.8 million against USD 7.7 million in the same quarter last year.
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