Drop was principally due to lower bunker fuel prices and further reduced market volatility, as well as a lower profit contribution from certain physical locations.
Company reported that its gross profit more than doubled year-on-year, rising over 100% to USD 3.2 million despite expanding its team and investing in software and...
Biofuel sales demand was fueled by stricter environmental regulations, including IMO’s Carbon Intensity Indicator and the EU’s FuelEU Maritime with volumes up 189.5%.
‘Bunker trading results remained in line with the previous year, despite growing pressure on margins and the continued entry of new players into the market,’ says...
Drop was principally due to an unfavourable transaction tax settlement recorded in the second quarter and weaker performance at certain marine physical inventory locations.
Firm reported EBT of USD 9 million in FY 2024/2025, falling from USD 20 million in FY 2023/2024, due to investments in strategic initiatives and persistent...
‘This fiscal year, we focused on staying close to our clients, while adapting to a fast-changing market,’ says CEO Carsten Ladekjær.
Losses impacted by amortisations, depreciations and impairment losses of USD 31.1 million, primarily related to joining forces with Alpha Ori Technologies.
Company says FY 2024/2025 has presented a new set of challenges including intensified competition, oil prices reaching a four-year low, and limited volatility.
‘The shareholders would also like to thank all of Cockett’s suppliers and customers for their support over the last 45 years of trading,’ said a joint...
