Jason Shipping has reported a net loss of $3.8m for the first quarter, an improvement on the loss of $6.8m posted for the final period of 2011.
Subsidiaries of Berlian Laju Tanker have been granted Chapter 15 bankruptcy protection by the Courts of New York.
Several subsidiaries of Berlian Laju Tanker have obtained orders from the Singapore High Court preventing their ships from being impounded while the group is working with creditors to achieve a consensual restructuring.
FSL Trust has confirmed that subsidiaries of Berlian Laju Tanker (BLT) have defaulted on lease agreements covering three chemical tankers.
PT Berlian Laju Tanker (BLT) has called a moratorium on its debt repayments; its shares have been suspended on the Indonesia Stock Exchange as a result.
Exmar has reported turnover of $453.7m in its preliminary results for 2011, up 9.6 per cent on the $413.9m recorded a year earlier. EBITDA fell, however, from $176.9m in 2010 to $139.9m.
Stolthaven Terminals reports operating profit of $18.0m in the fourth quarter 2011 (three months to end November), up from $15.8m in the previous period.
Stolt Tankers has reported fourth-quarter operating revenues of $315.5m, down from the $327.1m recorded in the prior period.
Bertschi AG has reported annual revenues of SFr 630m ($675m) for 2011, down slightly on the 2010 figure.
Stolt Tank Containers has reported fourth-quarter operating revenue of $133.3m, down from $139.5m in the previous period, after a second successive quarter of softening demand.