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IN BRIEF: Global Ports Outperforms Market In Third Quarter

Fri, 16th Oct 2020 14:31

Global Ports Holding PLC - London-headquartered cruise port operator - Outperforms market with consolidated marine container throughput up 4.4% to 370,000 twenty-foot equivalent units in the third quarter of 2020 versus a 2.5% decline in the Russian container market over the same period. Russian container market declined by 2.5% year-on-year in the quarter. Consolidated marine bulk throughput increased by 61% year-on-year to 1.47 million tonnes. High volatility and low visibility continue however.

Current stock price: 61.42 pence

Year-to-date change: down 74%

By Greg Roxburgh; gregroxburgh@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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