Independent journal on economy and transport policy
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In the third Premuda trimester it has recorded a net loss of -5,5 million euros
the revenues Time base charter have been pairs to 12,3 million euros (- 11.3%)
October 21, 2016
Premuda has concluded the third trimester of this year with a net loss of -5,5 million euros on revenues Time base charter pairs to 12,3 million euros respect to a net loss of -9,8 million euros on revenues Time base charter pairs to 13,9 million euros in the period July-september of 2015. The operating result has been of sign negative and pairs to -2,0 million euros respect to a result negative for -7,3 million euros in the third trimester last year.
In the first nine months of the 2016 Italian shipowning society it has recorded revenues Time base charter pairs to 34,9 million euros, down of the -19,5% on the same period of 2015. Operating result and clearly has turned out both of sign negative and pairs respective to -10,1 million and -18,4 million euros regarding sign results negative for -35,2 million and -49,8 million euros in the period January-september last year.
The company has explained that the turned out negatives economic of the third trimester and the first nine months of exercise 2016 are influenced by various factors, between which the "market of the hires of cargos dries, turned out much inferior to already the negatives book values in the correspondents periods and entire exercise 2015, only partially mitigated by the commercial covers defined in the past and still available; the reduction of the fleet employed regarding the correspondent period of the exercise precedence, for the dismissioni realized in last part of exercise 2015 and for the maintenance in disarmament of m/n the Four Springs; the lack of revenues by the FPSO Four Rainbow, today possessed from the connected Anteros, remained in disarmament waiting for a new project of employment; the weight of the interests liabilities, still burdened from the elevated one spread applied on the last operations realized, waiting for a possible reduction in the within of the agreement for the restructure of the debits; the weight of the costs of structure, that they continue to discount correlated burdens to the process of restructure of the debits, not still concluded".
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