Leif Hoegh Forecasts Higher Profits

Wednesday, February 16, 2000
Norwegian shipping company Leif Hoegh forecast higher operating profits in 2000. The company reported an operating profit of $23.2 million in 1999, down from $70.97 million in 1998. It said that profits would be lifted by the consolidation of the Hual car carrier division into its accounts, by its reefer unit Unicool, as well as by improvements in other areas. The company also said that it was proposing a 450 million crowns capital expansion, linked to its purchase of a 50 percent stake in Hual from Ugland International. Leif Hoegh is paying $390 million for the stake, making it the sole owner.
Maritime Reporter January 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Finance

Adani Group Revamps Businesses

Adani Enterprises Limited together with its subsidiaries Adani Ports and Special Economic Zone Limited (“APSEZ”) and Adani Power Limited (“APL”) today announced

PHA Budgets $ 275 mi for Capital Improvements

In 2015, the Port of Houston Authority has budgeted $275 million for various capital improvement projects. About $184 million is being allocated to its container

Shippers Must Monitor Greek Government Changes

Moore Stephens says shipping must monitor developments in wake of Greek government change   International accountant and shipping adviser Moore Stephens says

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Offshore Oil Pod Propulsion Port Authority Salvage Ship Electronics Ship Repair Ship Simulators
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: 0.1429 sec (7 req/sec)