	sea containers scr expects better first qtr sea containers ltd predicted its first quarter fiscal net ings would improve by mln dlrs over the same period a year ago the company said got off on a much better footing than fiscal from which the company recorded a loss of mln dlrs or dlrs per share on revenues of mln dlrs james sherwood president of the company said he expects to record a loss of approximately mln dlrs for the first quarter compared to losses of approximately mln dlrs for first quarter fiscal the company emphasized the first quarter is a traditionally slow period for the ferry industry which is part of sea containers business sherwoood said the company s losses were largely attributable to non recurring events and provisions he cited the default of container leasees and ship charterers costing the company approximately mln dlrs he also cited a mln dlr cost as a result of a closing two of its subsidiary s ferry services and a mln dlr provision to cover losses on the sale of container assets and severance pay costs reuter 
