Eckerö Group’s published its half-year results. The company operates two ro-pax ferries, one vessel for short cruises, and charters out two ro-ro ships.
The number of passengers decreased 1% but freight increased significantly with 22%. However, a weaker SEK value had a negative impact on earnings, and bunker prices have increased.
Eckerö’s operating profit for H1 was EUR 0.7 million (EUR 5.3 Million 2016 H1). Much is expected from H2.
The UK Chamber of Shipping has welcomed proposals from the Department for Exiting the European Union (DExEU) for customs arrangements that could be implemented after the Brexit.
Proposals include a ‘highly streamlined’ customs arrangement with the EU, and a transitional period. Guy Platten, CEO of UK Chamber of Shipping, considers the paper to be a significant step forward in providing reassurance to British and European businesses, and the shipowners that facilitate their trade.