Sobelmar Antwerp net loss shrinks to $142,495 in January; revenue down

By Caroline Salls

Pittsburgh, Feb. 22 – Sobelmar Antwerp NV reported a net loss of $142,495 for January on $434,356 in net revenue, according to its monthly operating report filed Feb. 19 with the U.S. Bankruptcy Court for the District of Connecticut.

For December, Sobelmar posted a net loss of $609,706 on $912,483 in net revenue.

The company also held $582,952 in cash and cash equivalents as of Jan. 31, up from $724,615 at the end of December.

Sobelmar, a Brasschaat, Belgium-based worldwide seaborne transportation services company, filed for bankruptcy on March 17, 2015. The Chapter 11 case number is 15-20423.

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