In March’s issue of Tankcontainer Magazine we reflected on the global tank container market in the ‘2018 Review of the Year’, touching on the financial highlights of some of the key tank container operators in what was, for most, a very good year.
We now focus on the financial performance of one of the more enigmatic operators - Bulkhaul - and compare it to the largest tank container operator, Stolt Tank Containers, and to Warren Buffet’s Berkshire Hathaway Group, the ultimate owner of Exsif Worldwide, the world’s largest tank container leasing company.
Bulkhaul - a profile
The Middlesbrough, UK-based Bulkhaul group is a low cost, low profile, pure-play tank container operator which keeps its overheads low by having a limited number of global offices. According to its end June 2018 annual report and financial statements, Bulkhaul Limited had seven direct subsidiaries which included a holding company, Bulkhaul International Limited.
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July 25, 2019