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日本海事新聞ニュース Japan Maritime Daily Nov 24, 2022 (Thu)

July-September financial results for two product carrier companies are record highs

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　Overseas shipping companies, whose main business is the product tanker business that transports pet ・・・続きはログインして下さいnext %E3%80%80Overseas+shipping+companies%2C+whose+main+business+is+the+product+tanker+business+that+transports+petroleum+products%2C+have+achieved+historically+favorable+results.+Due+to+a+recovery+in+demand+for+petroleum+products+and+changes+in+trade+triggered+by+Russia%E2%80%99s+invasion+of+Ukraine%2C+the+supply+and+demand+of+shipping+tonnage+became+tight+and+the+spot+market+soared.+Both+Hafnia%2C+a+major+%3Cb%3Eproduct+carrier%3C%2Fb%3E+company+in+Singapore%2C+and+Torm%2C+a+Danish+shipping+company%2C+achieved+record+high+earnings+for+the+July-September+quarter+of+2022.+As+the+winter+energy+demand+season+starts%2C+the+%3Cb%3Eproduct+carrier%3C%2Fb%3E+market+is+rising+further.+The+October-December+quarter+could+be+even+more+profitable.+%3Cbr%3E%E3%80%80On+November+21%2C+Hafnia%2C+a+tanker+operating+company+of+the+BW+Group%2C+a+shipping+major+in+Singapore%2C+announced+that+its+net+profit+for+the+July-September+2022+quarter+was+%24280.3+million+%28approximately+%C2%A539.8+billion%29.+%3Cbr%3E%E3%80%80It+is+a+significant+improvement+from+the+deficit+of+%2420.7+million+in+the+same+quarter+last+year.+The+net+income+of+%24+186.2+million+in+the+previous+quarter+%28April-June+2022%29%2C+which+was+the+highest+profit+on+a+quarterly+basis%2C+was+significantly+updated.+%3Cbr%3E%E3%80%80Torm%E2%80%99s+net+income+for+the+July-September+2022+quarter+also+returned+to+a+profit+of+%24217.1+million+%28versus+a+loss+of+%2414.7+million+in+the+same+quarter+last+year%29.+Monaco+shipping+company+Scorpio+Tankers+also+posted+a+net+profit+of+%24266.2+million%2C+compared+with+a+loss+of+%2473.3+million+in+the+same+quarter+last+year.+%3Cbr%3E%E3%80%80The+reason+for+the+rapid+improvement+in+the+business+performance+of+%3Cb%3Eproduct+carrier%3C%2Fb%3E+companies+is+that+the+spot+market+for+%3Cb%3Eproduct+carrier%3C%2Fb%3Es+carrying+gasoline%2C+naphtha%2C+diesel+oil%2C+etc.+is+soaring.+%3Cbr%3E%E3%80%80Demand+for+%3Cb%3Eproduct+carrier%3C%2Fb%3Es+surged+after+the+outbreak+of+the+Ukraine+crisis.+The+main+reason+for+this+is+that+Europe+has+increased+imports+of+petroleum+products+from+the+Middle+East+and+North+America+in+order+to+break+away+from+its+dependence+on+Russian+energy%2C+resulting+in+an+increase+in+long-distance+trade+involving+long+voyages.+%3Cbr%3E%E3%80%80According+to+Scorpio+Tankers%2C+demand+for+petroleum+product+transport+is+expected+to+grow+by+8.2%25+on+a+ton+mile+basis+this+year.+On+the+other+hand%2C+the+backlog+of+orders+for+%3Cb%3Eproduct+carrier%3C%2Fb%3Es+is+limited%2C+so+tonnage+growth+is+expected+to+remain+at+1.4%25.+%3Cbr%3E%E3%80%80Demand+for+petroleum+products%2C+which+fell+due+to+the+new+coronavirus+pandemic%2C+is+generally+on+a+recovery+trend.+In+addition%2C+the+shortage+of+petroleum+product+inventories+around+the+world+is+also+accelerating+the+tight+supply+and+demand+of+shipping+capacity.+%3Cbr%3E%E3%80%80Regarding+spot+market+conditions+for+highly+versatile+MR+%28Medium+Range%29+type+%3Cb%3Eproduct+carrier%3C%2Fb%3Es%2C+Torm+reported+that+the+July-September+average+was+the+highest+ever+on+a+quarterly+basis.+The+large+LR+%28Large+range%29+type+2+also+posted+the+second+highest+price+ever.+%3Cbr%3E%E3%80%80Product+carrier+companies+benefited+from+soaring+spot+market+prices.+With+a+fleet+of+129+vessels%2C+Hafnia%E2%80%99s+average+time+charter+equivalent+earnings+for+the+quarter+were+%2436%2C376%2C+3.4+times+higher+than+the+same+quarter+last+year.+%3Cbr%3E%E3%80%80Product+carrier+companies+increased+their+own+funds+due+to+two+consecutive+quarters+of+good+results.+Each+company+is+making+use+of+their+spare+capacity+to+improve+their+financial+structure.+%3Cbr%3E%E3%80%80Scorpio+Tankers+has+exercised+its+option+to+purchase+23+%3Cb%3Eproduct+carrier%3C%2Fb%3Es+that+have+been+leased+back+after+sale.+The+deal+is+expected+to+result+in+a+total+debt+reduction+of+%24397.3+million.+%3Cbr%3E%E3%80%80The+%3Cb%3Eproduct+carrier%3C%2Fb%3E+market+is+maintaining+a+high+level+even+now.+In+China%2C+there+is+also+information+that+the+government+has+expanded+quotas+for+exporting+petroleum+products.+%E2%80%9CIf+exports+from+China+go+to+Europe%2C+the+ton+miles+will+increase%2C%E2%80%9C+says+Torm%2C+so+it+seems+likely+that+the+supply-demand+situation+will+continue+to+be+tight.+%3Cbr%3E%3Cbr%3E%3Cbr%3E%3Cbr%3EDisclaimer%3A+The+English+translations+provided+through+this+service+are+the+result+of+translations+made+by+The+Japan+Maritime+Daily+or+automatically+and+mechanically+translated+by+The+Japan+Maritime+Daily+using+an+automated+translation+system+provided+by+a+third+party+after+certain+processing+of+the+Japanese+content+licensed+by+the+third+party.+In+terms+of+the+English+translation%2C+The+Japan+Maritime+Daily+and+MarineNet+Co.%2C+Ltd.+make+no+warranty+or+burden+of+any+kind%2C+express+or+implied%2C+including+its+accuracy%2C+reliability%2C+validity+or+fitness+for+a+particular+purpose.+MarineNet+Users+should+fully+understand+that+this+service+uses+an+automated+translation+system+that+automatically+and+mechanically+recognizes+and+analyzes+information+and+produces+results.+The+users+should+understand+the+above+conditions+before+using+this+service.%3Cbr%3E%3Cbr%3E%E5%85%8D%E8%B2%AC%E4%BA%8B%E9%A0%85%EF%BC%9A%E3%81%93%E3%81%AE%E3%82%B5%E3%83%BC%E3%83%93%E3%82%B9%E3%82%92%E4%BB%8B%E3%81%97%E3%81%A6%E6%8F%90%E4%BE%9B%E3%81%95%E3%82%8C%E3%82%8B%E8%8B%B1%E8%A8%B3%E3%81%AF%E3%80%81%E6%97%A5%E6%9C%AC%E6%B5%B7%E4%BA%8B%E6%96%B0%E8%81%9E%E3%81%8C%E4%BD%9C%E6%88%90%E3%81%99%E3%82%8B%E3%81%8B%E3%80%81%E5%8F%88%E3%81%AF%E3%80%81%E7%AC%AC%E4%B8%89%E8%80%85%E3%81%8B%E3%82%89%E4%BD%BF%E7%94%A8%E8%A8%B1%E8%AB%BE%E3%82%92%E5%8F%97%E3%81%91%E3%81%9F%E6%97%A5%E6%9C%AC%E8%AA%9E%E3%81%AE%E3%82%B3%E3%83%B3%E3%83%86%E3%83%B3%E3%83%84%E3%82%92%E3%80%81%E6%97%A5%E6%9C%AC%E6%B5%B7%E4%BA%8B%E6%96%B0%E8%81%9E%E3%81%8C%E4%B8%80%E5%AE%9A%E3%81%AE%E5%87%A6%E7%90%86%E3%82%92%E8%A1%8C%E3%81%A3%E3%81%9F%E4%B8%8A%E3%81%A7%E3%80%81%E7%AC%AC%E4%B8%89%E8%80%85%E3%81%8C%E6%8F%90%E4%BE%9B%E3%81%99%E3%82%8B%E8%87%AA%E5%8B%95%E7%BF%BB%E8%A8%B3%E3%82%B7%E3%82%B9%E3%83%86%E3%83%A0%E3%82%92%E5%88%A9%E7%94%A8%E3%81%97%E3%81%A6%E8%87%AA%E5%8B%95%E7%9A%84%E3%83%BB%E6%A9%9F%E6%A2%B0%E7%9A%84%E3%81%AB%E7%BF%BB%E8%A8%B3%E3%81%97%E3%81%9F%E7%B5%90%E6%9E%9C%E3%81%A7%E3%81%82%E3%82%8A%E3%80%81%E6%97%A5%E6%9C%AC%E6%B5%B7%E4%BA%8B%E6%96%B0%E8%81%9E%E3%80%81%E3%83%9E%E3%83%AA%E3%83%B3%E3%83%8D%E3%83%83%E3%83%88%E3%81%AF%E3%80%81%E5%BD%93%E8%A9%B2%E8%8B%B1%E8%A8%B3%E3%81%AB%E9%96%A2%E3%81%97%E3%81%A6%E3%80%81%E3%81%9D%E3%81%AE%E6%AD%A3%E7%A2%BA%E6%80%A7%E3%80%81%E4%BF%A1%E9%A0%BC%E6%80%A7%E3%80%81%E5%A6%A5%E5%BD%93%E6%80%A7%E5%8F%8A%E3%81%B3%E7%89%B9%E5%AE%9A%E7%9B%AE%E7%9A%84%E3%81%B8%E3%81%AE%E9%81%A9%E5%90%88%E6%80%A7%E3%82%92%E5%90%AB%E3%82%81%E3%80%81%E6%98%8E%E7%A4%BA%E5%8F%88%E3%81%AF%E9%BB%99%E7%A4%BA%E3%81%AB%E3%82%82%E3%80%81%E3%81%84%E3%81%8B%E3%81%AA%E3%82%8B%E4%BF%9D%E8%A8%BC%E3%82%82%E3%81%97%E3%81%BE%E3%81%9B%E3%82%93%E3%80%82%E3%83%9E%E3%83%AA%E3%83%B3%E3%83%8D%E3%83%83%E3%83%88%E3%83%A6%E3%83%BC%E3%82%B6%E3%83%BC%E3%81%AF%E3%80%81%E3%81%93%E3%81%AE%E3%82%B5%E3%83%BC%E3%83%93%E3%82%B9%E3%81%8C%E3%80%81%E8%87%AA%E5%8B%95%E7%9A%84%E3%81%8B%E3%81%A4%E6%A9%9F%E6%A2%B0%E7%9A%84%E3%81%AB%E6%83%85%E5%A0%B1%E3%82%92%E8%AA%8D%E8%AD%98%E3%83%BB%E5%88%86%E6%9E%90%E3%81%97%E3%81%A6%E7%B5%90%E6%9E%9C%E3%82%92%E5%87%BA%E5%8A%9B%E3%81%99%E3%82%8B%E8%87%AA%E5%8B%95%E7%BF%BB%E8%A8%B3%E3%82%B7%E3%82%B9%E3%83%86%E3%83%A0%E3%82%92%E4%BD%BF%E7%94%A8%E3%81%97%E3%81%9F%E3%82%B5%E3%83%BC%E3%83%93%E3%82%B9%E3%81%A7%E3%81%82%E3%82%8B%E3%81%93%E3%81%A8%E3%82%92%E5%8D%81%E5%88%86%E3%81%AB%E7%90%86%E8%A7%A3%E3%81%97%E3%81%9F%E4%B8%8A%E3%81%A7%E3%80%81%E3%81%93%E3%81%AE%E3%82%B5%E3%83%BC%E3%83%93%E3%82%B9%E3%82%92%E5%88%A9%E7%94%A8%E3%81%99%E3%82%8B%E3%82%82%E3%81%AE%E3%81%A8%E3%81%97%E3%81%BE%E3%81%99%E3%80%82%3Cbr%3E