ACL Profit Grows

Wednesday, October 25, 2006
According to reports, American Commercial Lines Inc.'s third-quarter net income rose to $28.4 million, or 90 cents per share, from $3.5 million, or 15 cents per share, a year earlier. Revenue rose to $266.6 million from $167.3 million. Revenue from the transportation segment rose to $212 million from $145 million a year earlier, driven by increases in volume and pricing. Revenue from the manufacturing segment rose to $54 million from $22 million on increased external builds and higher production levels. For the first nine months of the year, net income rose to $57.3 million, or $1.83 per share, from $3.2 million, or 14 cents per share, during the same period last year. Revenue for the period rose to $676.7 million from $489.4 million. Source: Business First
Maritime Reporter March 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Finance

Scandlines Ferry Back in Service by End June

The damaged Scandlines ferry M/V Prinsesse Benedikte is being repaired at the Polish shipyard Remontowa and is expected to be ready before the end of June 2015.

Greece Will Sell Piraeus Port Stake in Weeks

The Greek government will sell its majority stake in the port of Piraeus within weeks, the country's deputy prime minister told China's official Xinhua news agency,

India May Add Japanese Soryu-Class Submarines to its Fleet

India is reportedly considering a project to incorporate six Japanese Soryu-class diesel-electric submarines into its fleet, says The Japan Times.   The Defense

 
 
Maritime Contracts Maritime Security Navigation Pod Propulsion Port Authority Ship Electronics Ship Simulators Shipbuilding / Vessel Construction Sonar Winch
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: 0.1789 sec (6 req/sec)