Transatlantic is both pleased and not pleased

Swedish carrier Transatlantic AB achieved a profit for the second consecutive quarter following somewhat dead period. Not good enough, says one part of the company, while the other part is pleased.

Is it good or bad that Swedish carrier Rederi AB Transatlantic (RABT)in the 3rd quarter this year managed to improve upon the profit that the carrier achieved in the 2nd quarter?

The answer is “not good enough” for one part of the carrier – Transatlantic, which is Rederi AB Transatlantic’s RoRo and container business. The other part of the company – offshore carrier Viking Supply Ships – is pleased with the result. This is because the underlying markets for the two businesses are very different, two senior executives from the companies tell ShippingWatch.

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