ShippingWatch

Falcon Maritime Group takes another hit in 2012

Falcon Maritime Group, the parent company of three shipping companies, finished 2012 with a deficit of USD 3.3 million. Unsatisfactory, writes the management.

Falcon Maritime Group did not have a good 2012. The company did perform better than in 2011, where the deficit was USD 3.6 million, but there was no great improvement in store for 2012, which resulted in a USD 3.3 million deficit, according to Falcon Maritime Group's annual report, published today, Wednesday.

The Executive Management of Falcon Maritime Group, which consists of CEO Bo Christensen, who's on the Board along with Chairman Kurt Skovlund, Per Møller, and Søren Villumsen, describes the result as unsatisfactory.

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