COSL sees profit slashed on massive impairment charges

China Oilfield Services Limited (COSL) saw its profit slashed significantly for the financial year over 2014 due ...

Thoresen Thai hit by loss of $416m in 2015 on impairment charges

Thoresen Thai Agencies (TTA) saw its results sank into the red in 2015 after the group took a huge impairment loss on assets. ...

Jinhui books $379m full year loss on impairment charge of $325m

Jinhui Shipping and Transportation has booked a huge loss of $378.74m in 2015, hit by a massive impairment charge on vessels amid a severely depressed dry bulk shipping market. ...

Rickmers Maritime widens 2015 loss on higher impairment charges, lower revenue

Shipping trust Rickmers Maritime has widened its loss in 2015 due to higher impairment charges and lower charter revenues. ...

POSH hit by 2015 loss on impairment charges

Offshore marine services provider PACC Offshore Services Holdings (POSH) has plunged into the red in 2015 due mainly to a huge impairment charge of $144.58m. ...

Farstad Shipping makes $127m impairment for assets

Norway’s OSV owner Farstad Shipping has decided to undertake impairments totalling NOK1.09bn ($126.4m) of vessels and other fixed assets for its fourth quarter 2015 results. ...

Star Bulk hit by $105.2m first half loss on impairment charges

Star Bulk Carriers has been hit by much wider losses due mainly to impairment charges and operating expenses, leading to a first half loss of $105.2m. ...