ShippingWatch

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.

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
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Price of Maersk's new methanol ships drops

Maersk has just ordered six new methanol-powered container ships and now reveals that the added cost of building green ships compared to conventional ones is decreasing. Economies of scale, says equity analyst.

Esvagt pursues Taiwanese offshore wind

The Danish offshore service operator has located a possible partner on the island as a part of high hopes for the local offshore wind market. If successful, Esvagt could be ready to service wind at sea in the far east in a few years.

Further reading

Related articles

Latest news

See all jobs