Japan’s Tamai Steamship has posted revenue of ¥4.14bn ($485.9m) in its cumulative quarterly consolidated earnings for the nine months to 31 December, 2018.

The result is a 10% increase on the ¥3,763m in earnings posted in the same period 12 months previously.

The Tokyo-based bulk carrier owner forecasts its full-year earnings will be ¥5.4bn.

If achieved, this would be a 7.8%