Siem Industries Inc. reported audited consolidated earnings results for the full year ended December 31, 2016. For the year, operating Revenue was $772,406,000 against $315,138,000 a year ago. Loss before income tax expense was $110,704,000 against income before income tax expense of $206,727,000 a year ago. Net loss attributable to the company was $73,632,000 against net income attributable to the company of $228,844,000 a year ago. Net cash provided by operating activities was $27,307,000 against $99,120,000 a year ago. Capital expenditures for vessels, shipping-related assets and other were $463,422,000 against $124,730,000 a year ago. Basic and diluted loss per common share was $4.86 against basic and diluted earnings per common share of $15.12 a year ago.