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Slow start to year for Star Reefers.

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| March 01, 2004 | COPYRIGHT 2004 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From Lloyds List)

Byline: Janet Porter

THIS year's high season for the refrigerated cargo trades has started slowly, with a late harvest in the southern hemisphere weighing on the spot market, Star Reefers said Friday when publishing net profit for 2003 of $5.2m against $5.3m in 2002.

The result was helped by a $6.1m gain from vessel sales that was offset by much higher charter hire costs.

Gross revenue increased from ...

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