Marine Link
Thursday, September 29, 2016

Top Tankers 3Q Loss Widens

November 9, 2007

Shares of Top Tankers (NASDAQ:TOPT) Inc. fell after the company said its third-quarter loss widened from the previous year. The Athens, Greece-based crude-oil shipper posted a net loss of $18.4m, or 50 cents a share. Voyage revenue fell to $51.2m. The company said revenue fell on weakness in its crude oil division. In the year-ago period, the company posted a net loss of $11.4m, or 35 cents a share, on voyage revenue of $70.6m. Shares of Top Tankers fell 7.7% to $4.65. [Source: Thomson Financial]


Maritime Reporter Magazine Cover Sep 2016 - Maritime & Ship Security

Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.

Subscribe
Maritime Reporter E-News subscription

Maritime Reporter E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Subscribe for Maritime Reporter E-News