Smooth sailing for Carisbrooke Shipping

Article Abstract:

Carisbrooke Shipping came to the UK Alternative Investment Market (Aim) in Jun 1996. The company reported a profit of 923,000 pounds sterling in 1996 and has progressed since 1986 when its profit was 57,000 pounds. Half the company's fleet is in the spot market where margins are better, but falling rates can hot results as happened in 1st half 1996. The company's performance should improve in 2nd half 1996 since rates have improved. Carisbrooke Shipping's profit is forecast at 1.05 million pounds sterling for 1996 and 1.5 million pounds for 1997 by Rowan Dartington.

Carisbrooke Shipping

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Looking good for oil tankers

Article Abstract:

Seascope Shipping is a shipping company that is involved in the market for chartering oil tankers, and it should be helped by the removal of older tankers from service. A reduction in tanker numbers should help keep rates for tankers stable despite a drop in the price of petroleum. The company is also involved in dealing in second hand ships and the purchase of new ships. A third activity is dealing in and chartering offshore support vessels. The company's profit is forecast at 3.4 million pounds sterling for 1998 by Bell Lawrie.

Tankers, Tankers (Ships), Seascope Shipping

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James Fisher and Sons

Article Abstract:

James Fisher and Sons has cut risks through usage of long term contracts, though still faces low prices with short-term contracts. The company is involved in cable-laying, which is growing rapidly.

James Fisher and Sons PLC

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