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Maritime Market News

News highlight week 37

Ngày đăng: 15/09/2018 | Lượt xem: 234

CMA CGM has seen its second quarter net profit slump almost 90% on the back of the surge in bunker prices.

The French liner giant reported net income of just $22.7m for the three months against the $213m reported 12 months earlier. CMA CGM’s bunker bill for the quarter was $852.5m, up 40% on the $613.1m seen a year ago. However, the fleet capacity increased 11.5% to 2.4mteu. Revenue showed a year-on-year increase of 7.4% to $5.7bn, as volumes carried increased by almost 10% to 5.2mteu. 

The Far East-Pakistan- Middle East service jointly operated by Gold Star Line (GSL), KMTC, RCL, SM Line, TS Lines has been suspended after just 10 months in operation. The service was launched in November 2017 and was branded respectively as the ‘China Gulf Ex-press’ (GCX) by GSL, ‘RPM’ by RCL, ‘Asia Paki-stan Middle East (APM) by KMTC, ‘China-Middle EastExpress’ (CMX) by TSL and SML. 

South Korean carrier SM Line and state-controlled Vietnam National Shipping Lines (Vinalines), have signed a Memorandum of Understanding (MOU) to form a strategic alliance, whereby the two companies will foster cooperation in their container shipping businesses in East Asia. 
     

 Source: Lloyd’s List  

      

Chỉ số Thị trường

MARKET INDICATORS
 

24 - Sep

17 - Sep CHG
HRDI 4,493 4,135

358

BDI 4,644 4,275 369
BPI - - - - - - - - -
BTI Clean 487 480 7

 

EXCHANGE RATES
  24 - Sep 17 - Sep CHG
$-VND 22,860 22,870 -10
$-EURO 0.852 0.853 -0.001
$-YUAN - - - - - - - - -
$-YEN - - - - - - - - -

 

BUNKER PRICES
  24 - Sep 17 - Sep CHG
RTM 380cst 431 426 5
 LSFO 0.50% 536 525 11
MGO 611 597 14

SGP

380cst 496 470 26
 LSFO 0.50% 560 558 2
MGO 618 608 10