Business.Scoop » Wintermar Offshore Marine Reports 1Q2022 Results; Total Revenue Up 3%
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Wintermar Offshore Marine (WINS:JK) has announced results for 1Q2022. Total revenue was up 3% YOY to US$10.5 million, with stronger chartering revenues compensating for a drop in Owned Vessel revenue from COVID-19 delays. Oil prices spiked in 1Q2022 as a result of the war in Ukraine and sanctions against Russian oil and gas. The ensuing ...
Stronger chartering revenues compensate the drop in Owned Vessel revenue from COVID-19 delays