Africa and the Middle East hit Topaz with deficit

Offshore carrier Topaz suffered a loss in the third quarter, where activities in the Middle East and West Africa in particular left a lot to be desired. The prospect of market improvement is unforeseeable, says CEO Rene Kofod-Olsen.

by JOHANNES HARTKOPF-MIKKELSEN

For offshore carrier Topaz Energy and Marine, 2016's third quarter has left a lot to be desired.

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Africa and the Middle East hit Topaz with deficit

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Caspian Sea gives Topaz solid operating profit

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Front page now

Maritime & Merchant notes fierce competition in loans for shipping

Packed container ships trigger surge in air freight demand

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Further reading

Kuehne+Nagel triggers unrest among staff with new management structure

Cosco and CMA CGM expect further pressure on major European ports

Congestion in Asian ports is now as bad as during Covid

Less than one percent of the container fleet is currently idle

Dry bulk players dismiss green fuels in favor of low-hanging fruits

Analysis: Capesizes have become too expensive despite strong market

Jobs