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GulfMark operating loss grows to $2.78 million in July on zero revenue
By Caroline Salls
Pittsburgh, Aug. 30 – GulfMark Offshore, Inc. reported a $2.78 million operating loss for July on zero revenue, according to its monthly operating report filed Wednesday with the U.S. Bankruptcy Court for the District of Delaware.
In comparison, the company posted a $1.16 million operating loss for June, also on zero revenue.
The net loss for July was $299,000, narrowing from a $13.96 million June net loss.
In addition, GulfMark had $3.47 million in cash as of July 31, down from $4.01 million at the end of June.
Houston-based GulfMark Offshore provides marine transportation services to the energy industry. The company filed bankruptcy on May 17 under Chapter 11 case number 17-11125.
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