Ongoing Travel Restrictions Continued to Impact Tallink Grupp Financial Results in Q2 2021

Key figures Q2 +10.2% passengers +6.0% cargo units +22.7% cars +32.5% unaudited consolidated revenue = EUR 86.1 million. unaudited EBITDA = EUR 4.4 million (EUR 2.4 million in Q2 2020) unaudited net loss amounted to EUR 24.3 million (net loss of EUR 27.4 million in Q2 2020). Revenue from the...

https://ferryshippingnews.com/ongoing-travel-restrictions-continued-to-impact-tallink-grupp-financial-results-in-q2-2021/

Focus on Demand for Q2 Fuel Prices

Risavika LNG gained 1.6 % week on week for May contracts, reaching 29.17 EUR/MWh. The European gas prices were supported by a colder weather forecast for most of April and start of gas injection season, reports gasum.

Support for the Gas Prices

Strong heating demand in the market with lower pipeline gas and LNG supplies resulted in high reliance on underground inventories, leaving them at historically low levels for the start of inventories injection season. This spring and summer gas demand will...

https://mfame.guru/focus-on-demand-for-q2-fuel-prices/

Ocean Carriers Will Pay Higher Profits To Secure Chartered Tonnage

The major ocean carriers, expected to report huge profits for Q4, have “money to burn” and aim to outbid their smaller, less-profitable rivals, to secure the ships they target, reports the Loadstar.

Q2 2021 to remain bullish?

The ocean carriers are expecting the current liner bull market to continue well into the second quarter of next year, based on their recent enquiries into the charter market.

Not only are the liners prepared to fix long-term at whatever-it-takes-rates on any available...

https://mfame.guru/ocean-carriers-will-pay-higher-profits-to-secure-chartered-tonnage/

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