ShippingWatch

EMS Seven Seas reduces deficit

Following a corporate restructuring things are looking better for Norwegian supply company EMS Seven Seas, which in 2013 reduced its deficit to USD 4.2 million before taxes.

Norwegian supply company EMS Seven Seas has a history of struggling with its profits, and the company recently underwent a restructuring process.

And judging by the company's annual report 2013, things are moving in the right direction, with a reduced deficit of USD 4.2 million before taxes, compared to a USD 13.5 million deficit in 2012 and a deficit of USD 38.1 million in 2011.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Maersk rejects shippers' complaint in USD 180m dispute

U Shippers has no case in a contractual dispute reported to the US Federal Maritime Commission, Maersk writes in a response to the FMC. Moreover, the case should not even be a matter for the commission, the company says.

Further reading

Related articles

Latest news

See all jobs