Taipei-listed bulk carrier Wisdom Marine posted profits of TWD1.22 billion (USD39 million) for the January-July period, an increase of 30.34% on a year ago.
The company’s recorded revenue for the same period was TWD6.2 billion, up 18.11% on a year ago.
Its July revenue stood at TWD931.5 million, up 20% on a year ago, while its profits were TWD123.7 million, an increase of 15.67% on a year ago. Wisdom Marine operates a fleet of 107 ships.
The carrier sold its 10,122 dwt bulk carrier Unicorn Emerald on 3 July, 38,000d dwt cargo carrier Bunun Hero on 13 July, and high-speed passenger ship Pescadores on 16 July.
Five of its ships are under maintenance, while the contracts for another four vessels were renewed in July.
Wisdom Marine will take delivery of 16 new vessels in 2015, including six Panamaxes, three Supermaxes, and three Handysizes.
This post was sourced from IHS Maritime 360: View the original article here.
