Maritime Transport delivers ‘good return’ despite Hanjin Shipping collapse


 

Maritime Transport saw pre-tax profit rise almost 10% year-on-year despite the collapse of “significant customer” Hanjin Shipping last year. According to its most recently filed accounts to Companies House the Felixstowe container haulage giant incurred a bad debt as a result of the South Korean shipping line – formerly the world’s seventh largest by volume – filing for bankruptcy protection on 31 August 2016. Despite this, turnover rose 13.3% to £224.6m for the year-ending 27 December 2016, from £198.3m in […]