ShippingWatch

Trafigura books billion-dollar profit in first half of 2021

Trafigura reports advancing on both its top and bottom line for the first six months of 2021 when net profit grew to USD 2.1 billion.

Photo: Trafigura

Commodity trader Trafigura reports achieving higher revenue and profit in the first six months of 2021, booking billions of US dollars in on the bottom line.

The company's half-year results for the period ending in March show an increase in revenue of 19 percent to USD 98.4 billion. Net profits grew to USD 2.1 billion, up from USD 500 million in the same period last year, according to a press release issued Thursday.

Read the whole article

Get 14 days free access.
No credit card required.

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

IKEA sustainability manager: Green solutions should not cost more

As a starting point, furniture giant Ikea won't accept that green solutions become more expensive than polluting solutions, says Elisabeth Munck af Rosenschöld, Global Sustainability Manager for Supply Chain Operations, to ShippingWatch. Ikea is part of an alliance of global companies that calls for green shipping by 2040.

Long Beach logjam of container vessels grows to 80

Bottlenecks at major US container ports in continue to grow, with the ports of Long Beach and Los Angeles being the worst hit at the moment. Here, 80 vessels are waiting to berth, according to new figures form Vessels Value.

Further reading

Related articles

Trial banner

Latest news

See all jobs