Despite the high expectation of continuation of Covid-19 with third and fourth peaks due to mutation and consequent lockdowns, we are of the opinion that 2021 will be more positive with the process of vaccination with a more experienced world in the tackling of the pandemic.

In this regard, we expect that the effects of the economic crisis of 2020 will be overcome and the world’s economies’ growth will rebound in an upwards trend whereby the shipping industry will benefit. As Yılmar Shipping, we are determined to pursue new opportunities in order to increase productivity and service quality to the highest standards while we continue to take necessary operational measures.

In order to develop our agency services, we are planning to open new branches, firstly at Gemport and then at Samsun and Iskenderun once the pandemic crisis and its effects are behind us. In addition, actions to be taken in order to increase third party services will be expedited and utmost effort will be spent to provide customer satisfaction. We further wish to make use of the opportunities in the most efficient way in fleet growth, particularly for purchase of vessels in Handysize and Ultramax segments.