Print Aug 02, 2018

-Interview with IINO Kaiun President, Hiromi Tosha/Signs of a recovery in chemical tanker market-

飯野海運社長・當舎裕己氏

The Japan Maritime Daily (JMD): In FY2017, you recorded consolidated revenue of 81.3 billion yen (2% decline compared to FY2016) and an ordinary profit of 4.6 billion yen (decline of 9%).

Tosha: The results were within the expected range, and we were able to achieve the profit target set forth in the medium-term management plan announced in April, 2017. One of the factors in the profit declines was the drop in freight rates in our mainstay Chemical Tanker Department. The

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