Wintermar Offshore (WINS:JK) Reports 1H2023 Results
JAKARTA, July 31, 2023 - (ACN Newswire) - PT Wintermar Offshore Marine Tbk (WINS:JK) has announced results for 1H2023.
- JAKARTA, July 31, 2023 - (ACN Newswire) - PT Wintermar Offshore Marine Tbk (WINS:JK) has announced results for 1H2023.
- This was achieved as a result of securing higher charter rates, in spite of a decrease in fleet utilization from 66% in 1H2022 to 61% in 1H2023.
- Bunker costs also rose by 23% to US$1.3 million due to a higher number of vessels being out of contract.
- Wintermar expects a stronger performance throughout the remainder of the year, driven by the successful award of several contracts for high-tier vessels.