Maritrans Reports Good Quarter Results

Tuesday, February 20, 2001
Maritrans Inc. reports net income for the quarter ended December 31, 2000 of $2.3 million on revenues of $32.2 million. Net income for the year ended December 31, 2000 was $5 million on revenues of $123.7 million. Commenting on the results, Stephen A. Van Dyck, Chairman and CEO, said “The year 2000 was the first full year of operating with a smaller fleet and a reduced shoreside staff. Our lower operating costs reflect this. The results in the second half are more representative of our expectations for the next several quarters. In December 2000, Maritrans 244 went back into service after her successful double hull rebuild. We have received a patent on this proprietary process, and prefabrication has begun for the rebuild of the barge Ocean Cities, scheduled to enter the shipyard this spring.”
Maritime Reporter September 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Woman Medevaced from Cruise Ship off SouthWest Pass

The Coast Guard medevaced a 50-year-old woman from a cruise ship 225 miles southeast of Southwest Pass, Saturday. Watchstanders at Coast Guard District 8 received a call at approximately 9 a.

Demands for Icebreaker Tours Spiral

Plans to terminate commercial tours to the North Pole on the nuclear-powered icebreakers of the Atomflot company in 2016 have surged the demand for these tours.

New Chair for Townsville Port

The Palaszczuk Government has appointed one of Queensland’s most respected businesswomen, Renita Garard as the new Chair of the Port of Townsville. In a statement released earlier today,

Maritime Careers / Shipboard Positions Maritime Security Naval Architecture Offshore Oil Pipelines Pod Propulsion Ship Electronics Ship Repair Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | 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: 0.3318 sec (3 req/sec)