Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


March 29, 2015 9:18 AM ET

Marine

Company Overview of Eitzen Chemical ASA

Company Overview

Eitzen Chemical ASA operates as a marine chemical and related products transportation company. The company transports various cargoes, such as organic chemicals, non-organic chemicals, clean and dirty petroleum products, vegetable oils, and lube oils. Its fleet consists of coated and stainless steel vessels ranging from 3,500 to 48,000 dwt primarily designed for the transport of IMO II classified chemical cargoes. As of December 31, 2013, the company’s fleet consisted of 49 vessels, which included 36 owned, 6 were on financial lease, and 7 were on operational lease. It has operations in Denmark, Spain, the United States, and Singapore. Eitzen Chemical ASA was founded in 1883 and is headquart...

Ruseløkkveien 6

Oslo,  0251

Norway

Founded in 1883

Phone:

47 23 11 43 20

Key Executives for Eitzen Chemical ASA

Chief Financial Officer and Treasurer
Total Annual Compensation: $3.6M
Senior Vice President of Finance & Accounting
Total Annual Compensation: $2.2M
Compensation as of Fiscal Year 2013.

Eitzen Chemical ASA Key Developments

Eitzen Chemical ASA, Special/Extraordinary Shareholders Meeting, Mar 17, 2015

Eitzen Chemical ASA, Special/Extraordinary Shareholders Meeting, Mar 17, 2015., at 11:00 Central European Standard Time. Location: Ruseløkkveien 6. Agenda: To consider the delisting of the company from the Oslo Stock Exchange.

Eitzen Chemical ASA Announces Unaudited Consolidated Earnings Results for Fourth Quarter and Full Year Ended Dec. 31, 2014

Eitzen Chemical ASA announced unaudited consolidated earnings results for fourth quarter and full year ended Dec. 31, 2014. For the quarter, the company reported freight revenue of $84,813,000 against $93,484,000 a year ago. EBITDA was $6,919,000 against $9,378,000 a year ago. LBIT was $80,451,000 against $7,699,000 a year ago. Loss before tax was $114,144,000 against $21,156,000 a year ago. Net loss was $114,144,000 or $10.13 per basic and diluted share against $21,152,000 or $1.88 per basic and diluted share a year ago. Net cash flow from operating activities was $12,272,000. Payments on vessels (mainly upgrading and docking) were $1,886,000. For the year, the company reported freight revenue of $348,594,000 against $380,603,000 a year ago. EBITDA was $22,997,000 against $45,259,000 a year ago. LBIT was $108,609,000 against $28,707,000 a year ago. Loss before tax was $188,580,000 against $74,595,000 a year ago. Net loss was $188,580,000 or $16.73 per basic and diluted share against $74,595,000 or $6.62 per basic and diluted share a year ago. Net cash flow from operating activities was $32,091,000 against $39,537,000 a year ago. Payments on vessels (mainly upgrading and docking) were $14,586,000 against $19,123,000 a year ago.

Eitzen Chemical ASA Proposes Amendments to the Articles of Association

Eitzen Chemical ASA announced extraordinary general meeting will be held on January 14, 2015 at 10:00 to consider a proposal to Amendments to the Company's Articles of Association.

Similar Private Companies By Industry

Company Name Region
Odfjell Tankers AS Europe
Ocean Rig Operations Inc. Europe
BW Gas AS Europe
Volstad Maritime AS Europe
Bourbon Offshore Norway AS Europe

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
NYC2012, Inc. United States
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Eitzen Chemical ASA, please visit www.eitzen-chemical.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.