News / Bulker owner Franbo triples profits after move into carrying containers

Franbo Logic, Credit Ca Chep Ship Chandler

Franbo Logic Photo: Ca Chep Ship Chandler

11/03/2022

Taiwanese bulk carrier owner Franbo Lines has confirmed that it has benefited from container shipping rate inflation after carrying boxes on its vessels.

With freight rates for container ships and bulk carriers hitting multi-year highs, Franbo’s net profit last year tripled year on year, to $13.5m.

Franbo ...

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