Maritime Transport reports growth despite tough market


 

Maritime Transport has reported an 11th consecutive year of revenue growth. For the year to 27 December 2012, the container operator’s turnover rose 8% to £130.7m from £121.3m in 2011. Pre-tax profit increased 18% to £2.5m from £2.1m the previous year. The directors’ report described trading conditions as “difficult” during the year, with “lower volumes, over capacity of transport in the market place and increasing costs to provide the same services”. However, the company said cost increases were offset by […]