Marine Link
Saturday, December 10, 2016

Bergesen Reports Strong Profits

May 23, 2001

Norwegian shipping group Bergesen reported record first-quarter profit on Tuesday, boosted by high tanker rates, and said it expected operating profit to rise substantially this year. Bergesen's pre-tax profit for the first three months jumped to $79.7 million from $10.2 million in the same period last year. The company's operating profit was $104.3 million, compared to $22.3 million in the first quarter of 2000. "This looks very good, especially on the tanker side compared to the market in general," said Arne Egil Roenning, an analyst with Fondsfinans. - (Reuters)


 
Maritime Reporter Magazine Cover Nov 2016 - Workboat Edition

Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.

Subscribe
Maritime Reporter E-News subscription

Maritime Reporter E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Subscribe for Maritime Reporter E-News