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Maritime Market News

News highlight week 37

Ngày đăng: 15/09/2018 | Lượt xem: 180

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
  18 - Jun 11 - Jun CHG
HRDI 3,078 2,748 330
BDI 3,218 2,857 361
BPI - - - - - - - - -
BTI Clean 451 455 -4

 

EXCHANGE RATES
  18 - Jun 11 - Jun CHG
$-VND 23,110 23,050 60
$-EURO 0.838 0.822 0.016
$-YUAN - - - - - - - - -
$-YEN - - - - - - - - -

 

BUNKER PRICES
  18 - Jun 11 - Jun CHG
RTM 380cst 403 399 4
 LSFO 0.50% 515 510 5
MGO 590 577 13

SGP

380cst 416 401 15
 LSFO 0.50% 534 520 14
MGO 591 580 11