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Published on 10/29/2010 in the Prospect News Distressed Debt Daily.

Trico Marine shows $44.98 million net loss for Aug. 25 to Sept. 30

By Caroline Salls

Pittsburgh, Oct. 29 - Trico Marine Services, Inc. reported a $44.98 million net loss for the period of Aug. 25 to Sept. 30 on zero revenues, according to its monthly operating report filed Friday with the U.S. Bankruptcy Court for the District of Delaware.

The company had zero cash and cash equivalents at Sept. 30.

Trico, a marine services company based in the Woodlands, Texas, filed for bankruptcy on Aug. 25. The Chapter 11 case number is 10-12653.


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