Bergesen Reports Strong Profits

Wednesday, 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 June 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Finance

Petroecuador Tenders to Buy 3.84m bbls of Naphtha

State-run oil company Petroecuador has launched tenders to buy a total volume of 3.84 million barrels of naphtha for delivery in the coming month at Esmeraldas,

Company Fined for Oil Spill Near Anacortes

Ecology issues $112,500 penalty for sunken vessel.   American Gold Seafoods faces a $112,500 penalty for an oil spill caused by the accidental sinking of its vessel,

London Shipping Professionals Weigh in for SPNL Report

The Shipping Professional Network London (SPNL) has  released their full Future London report, an initiative that gathered the views and opinions of London’s young

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Pipelines Pod Propulsion Salvage Ship Electronics Ship Repair Ship Simulators Sonar
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0704 sec (14 req/sec)