Emanuele Grimaldi-led Finnlines has boosted its earnings in the third quarter despite a dip in revenue.
The ro-ro owner posted net profit of EUR 30.3m ($33.5m), compared to EUR 24.7m a year ago.
Revenue fell from EUR 138.2m to EUR 130.4 but the company explained this was mainly due to the reduction of a cargo-related bunker surcharge.
Emanuele Grimaldi, chief executive of Finnlines, said: “The lower bunker consumption and also lower operative costs have contributed positively to the result as the share of inexpensive heavy fuel oil in Finnlines traffic is greater than in 2015 due to the scrubber installations.
“However,
