Improving Voyage Economics through Contract Renewals and Efficient Vessel Allocation

「The company worked on efficient vessel deployment centered on existing medium- to long-term contracts, but was affected by overlapping repair work due to vessels entering dry dock.」

「Under these conditions, the Group worked to further improve operating profitability through efforts including more favorable renewals of existing contracts and efficient vessel deployment.」

「Against this backdrop, after ensuring that its safety management systems were fully prepared, the Group worked to improve operating profitability through such measures as securing favorable renewals of existing contracts and optimizing vessel deployment.」

「Under these business conditions, the Group's domestic and short-sea shipping businesses worked on efficient vessel deployment centered on existing contracts. However, overlapping repair work due to vessels entering dry dock during the second quarter of the current fiscal year put pressure on earnings.」

「Under these conditions, the Group worked to further improve operating profitability through efforts including more favorable renewals of existing contracts and efficient vessel deployment.」

「In short-sea gas transportation, the company was unable to completely avoid the impact of weaker market conditions through the summer. However, profitability showed signs of improvement after some contracts were renewed in the fourth quarter amid firm market conditions.」

「The Group worked to improve operating profitability through efforts including more favorable renewals of existing contracts and efficient vessel deployment.」

「In short-sea gas transportation, the company was unable to completely avoid the impact of reduced operations due to the spread of the infectious disease and was affected by falling market conditions when renewing time-charter contracts. Meanwhile, it worked to maintain stable charter revenue, including by deploying vessels to new charterers.」

「In short-sea gas transportation, the company was unable to completely avoid the impact of reduced operations due to the spread of the infectious disease. However, recognition of its stable operating performance helped mitigate the impact of falling market conditions when time-charter contracts were renewed, enabling it to maintain stable charter revenue.」

「Under these conditions, the Group worked to improve vessel deployment efficiency and operating profitability, beginning with efforts to renew existing contracts on more favorable terms.」

「Under these conditions, the Group worked to improve vessel deployment efficiency and operating profitability, beginning with efforts to renew existing contracts on more favorable terms.」

「In addition to working to renew existing contracts on more favorable terms and improve vessel deployment efficiency and operating profitability, the company assessed trends in the vessel sales market and disposed of older vessels, recording gains on the sale of fixed assets as extraordinary income.」

「Domestic gas transportation was affected by scheduled maintenance at shipment plants and reduced vessel operations due to dry-docking. However, the company maintained profitability through favorable contract renewals aimed at having shippers bear higher crew costs and safety-related expenses, efficient vessel deployment, and stable operations centered on medium- to long-term contracts.」

「Domestic gas transportation was affected by scheduled maintenance at shipment plants and reduced vessel operations due to dry-docking. However, the company maintained profitability through efficient vessel deployment and favorable renewals of time-charter contracts. In addition, its continued proposals for newbuild vessels to rejuvenate the fleet resulted in the acquisition of a long-term time-charter contract for a new replacement vessel.」

「In short-sea gas transportation, market conditions rose sharply as pressure from the influx of newbuild vessels eased, among other factors. The company renewed contracts on more favorable terms than before, and profitability improved.」

「Domestic gas transportation was affected by scheduled maintenance at shipment plants and reduced vessel operations due to dry-docking. However, the company maintained profitability by implementing efficient vessel deployment and renewing time-charter contracts on more favorable terms. In short-sea gas transportation, market conditions improved as pressure from the influx of newbuild vessels eased, among other factors, enabling more favorable renewals than under previous contracts.」

「Domestic gas transportation was affected by scheduled maintenance at shipment plants and reduced vessel operations due to dry-docking. However, the company maintained profitability by increasing the operation of one new ethylene carrier completed in the previous fiscal year, implementing efficient vessel deployment, and securing stable operations centered on medium- to long-term contracts for petrochemical gas. In short-sea gas transportation, market conditions improved as pressure from the influx of newbuild vessels eased, among other factors, enabling the company to renew contracts on more favorable terms than before.」

「In short-sea gas transportation, the market bottomed out as pressure from the influx of newbuild vessels eased, among other factors, enabling the company to renew contracts on more favorable terms than before. However, this did not lead to a full recovery in earnings.」

「In short-sea gas transportation, the market bottomed out due to the limited influx of newbuild vessels, enabling the company to renew contracts on more favorable terms than before. However, this did not lead to a full-scale improvement in earnings.」

「The company worked to improve vessel deployment efficiency and operating profitability, beginning with efforts to renew existing contracts on more favorable terms.」

「The company worked to improve vessel deployment efficiency and operating profitability, beginning with efforts to renew existing contracts on more favorable terms.」