Pioneer Marine Inc. Reports Unaudited Operating Results for the Fourth Quarter and Full Year Ended December 31, 2020
February 25, 2021 at 12:56 am EST
Pioneer Marine Inc. reported unaudited operating results for the fourth quarter and full year ended December 31, 2020. For the quarter, the company reported Ship days of 1,310 against 1,642 a year ago. Operating days were 1,284 against 1,597 a year ago. Fleet Utilization was 98.0% against 97.3% a year ago.
For the year, the company reported Ship days of 5,662 against 6,656 a year ago. Operating days were 5,554 against 6,551 a year ago. Fleet Utilization was 98.1% against 98.4% a year ago.