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 July 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

MN 100: AEP River Operations

16150 Main Circle Drive, Suite #400 St. Louis, MO 63017 Tel: (636) 530-2100  Email: info@aepriverops.com Website: www.aepriverops.com President: Keith Darling The

MN 100: Caterpillar Marine

Neumühlen 9 22763 Hamburg/Germany Tel: (713) 895-1449 Email: cat_power@cat.com Website: www.marine.cat.com Managing Director: Nigel Parkinson The Company: Caterpillar

Airbus May Sell Stake in Submarine Supplier

Airbus is considering a sale of its 49 percent stake in submarine supplier Atlas Elektronik as part of a reshuffle of its military business, German newspaper Die

 
 
Maritime Careers / Shipboard Positions Maritime Security Navigation Offshore Oil Pipelines Pod Propulsion Ship Repair Ship Simulators Shipbuilding / Vessel Construction 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: 0.1273 sec (8 req/sec)