Brief: Belships Declares Dividend Of NOK 0.60 Per Share

Belships ASA

21/08/2023 06:11

Aug 21 (Reuters) - Belships ASA  BELCO.OL :
    * NET FREIGHT REVENUE FOR BELSHIPS FLEET WAS USD 49.4M,
LARGELY
UNCHANGED FROM USD 55.5M IN Q2 2022
    * SHIP OPERATING EXPENSES AMOUNTED TO USD 5 065 PER VESSEL
PER DAY
IN Q2 2023 COMPARED TO USD 5 642 IN Q2 2022
    * ESTIMATED CASH BREAKEVEN FOR 2023 IS USD 10 900 PER VESSEL
PER
DAY
    * DIVIDEND PAYMENT OF NOK 0.60 PER SHARE (USD 14.3M IN
TOTAL)
    * OUTLOOK: EXPECTS TO GENERATE SIGNIFICANT FREE CASH FLOW
AND
CONTINUE TO PAY QUARTERLY DIVIDENDS

Source text for Eikon:  ID:nGNE1byMpP 
Further company coverage:  BELCO.OL 

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