in this issue
Services :: Shipping
Tanker operator Eitzen posts big increase in Ebitda
May 23, 2013 | Ian Young
Tanker operator Eitzen Chemical (Oslo) says its Ebitda more than doubled in the first quarter of 2013 compared with the fourth quarter of 2012, to $10.5 million. Revenue was not disclosed. The result reflects an improvement in the chemical shipping market. Eitzen achieved an average time-charter rate of $11,189/day in the first quarter, the company's best average time-charter rate since the fourth quarter of 2008, and an increase of 9.1% from the fourth quarter of 2012. "The improved market conditions have continued into the second quarter, and the...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be: