Latvian Steamship Line’s first-quarter loss reaches $7.6m vs income in Q1, 2009
Latvian Steamship Company (Latvijas kugnieciba) posted its first quarter results showing the Company’s net loss totaled 5.362 million lats ($7.6 million) against earnings a year earlier. Its turnover decreased 2.4 times, to LVL 12.798 million, RZD-Partner.Ru reports.
The Latvijas kugnieciba’s fleet includes around 30 tankers, two gas carriers, and a bulker. Ventspils Nafta Oil Concern holds the major stake in LK.
The Latvijas kugnieciba’s fleet includes around 30 tankers, two gas carriers, and a bulker. Ventspils Nafta Oil Concern holds the major stake in LK.