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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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Gulf losses of Emirati navigation worsened by 719% in 2019

rocky
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Gulf losses of Emirati navigation worsened by 719% in 2019 Empty Gulf losses of Emirati navigation worsened by 719% in 2019

Post by rocky Sun 16 Feb 2020, 1:53 am

Gulf losses of Emirati navigation worsened by 719% in 2019

Gulf losses of Emirati navigation worsened by 719% in 2019 19072




Economy News _ Baghdad
The losses of Al-Khalaih Shipping Company of the United Arab Emirates in the preliminary results lists for the year 2019 increased by 719% on an annual basis, incurring losses of about 327 million dirhams.
The company's revenue decreased by 13% on an annual basis, recording 166 million dirhams.
The company attributed the reasons for the high losses to the decrease in the value of the ships, and the stoppage of a number of ships as a result of maintenance operations in dry docks, accompanied by an increase in the cost of financing and the depreciation rate resulting from capitalization of maintenance operations.


    Current date/time is Fri 03 Dec 2021, 4:54 pm