Gas carrier, tanker and bulker owner Iino Kaiun has reported a slight fall in profits after being hit by higher docking costs and the slump in the dry bulk market.

The Tokyo Stock Exchange-listed company said it increased total revenue by 5.1% to ¥89.2bn ($832.1m) for the financial year ending March 2020.

However, operating profit fell 16.8% to ¥4bn, while net profit declined 19.81%