Independent journal on economy and transport policy
06:12 GMT+1
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International Shipholding Corporation has asked to approach the controlled administration
the American shipowning company that possesses a fleet of 26 ships
August 2, 2016
The American International Shipholding Corporation, shipowning society that a fleet of 26 ships between unit possesses reservior, portacontainer, multipurpose, door-car, to rinfusiere and ro-ro, have introduced, together to some its controlled, request for being admitted to the program of business restructure in the within of Capitolo 11 of the American bankrupt law.
The president and managing director of International Shipholding, Eirk L. Johnsen, have explained that with such initiative the company has completed a decisive step towards an adapted dimensioning of own patrimonial state: "while the company is facing the problems of indebtedness and structure of the capital - it has emphasized - we consider that the Core activities business are achieving turned out satisfactory. We - he has added Jonhsen - preview to continue to offer to our customers in the course of the procedure of Capitolo the 11 same reliable marine services and of elevated quality that always attends to us from we".
International Shipholding has archived item the exercise anniversary 2015 with a net loss of -179,7 million dollars on revenues pairs to 259,5 million dollars respect to a net loss of -59,9 million dollars on revenues pairs to 294,8 million dollars in the exercise precedence. The operating result has been of sign negative and pairs to -160,1 million dollars respect to a sign result negative and pairs to -36,5 million dollars in 2014.
The indebtedness of the American company on 31 December was pairs to 159,8 million dollars regarding 242,9 million dollars on December 31, 2014. Al 31 last March such level is come down ulteriorly to 117,1 million dollars. International Shipholding has archived item the first trimester of 2016 with a net loss of -8,4 million dollars on revenues pairs to 53,8 million dollars respect to a net loss of -4,5 million dollars on revenues pairs to 68,0 million dollars in the first three months of 2015. The quarterly operating result has been of sign negative and pairs to -4,5 million dollars respect to a sign result negative and pairs to -189 thousand dollars in the first trimester last year.
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The American International Shipholding Corporation, shipowning society that a fleet of 26 ships between unit possesses reservior, portacontainer, multipurpose, door-car, to rinfusiere and ro-ro, have introduced, together to some its controlled, request for being admitted to the program of business restructure in the within of Capitolo 11 of the American bankrupt law.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
