Odfjell swings to profit despite seasonal tanker market slowdown

Odfjell swings to profit despite seasonal tanker market slowdown
WESPECH PTE LTD
8 Eu Tong Sen Street #14-94, The Central, Singapore (059818)
+65 315 904 24

09.11.2020

MOSCOW (MRC) -- Odfjell (Bergen, Norway) reports net earnings of USD3.9 million for the third quarter of 2020, swinging to a profit from a net loss of USD1.1 million in the prior-year period, reported Chemweek. The earnings are down, however, from USD30.9 million in the second quarter, reflecting a seasonal slowing of the chemical tanker market and a high number of vessel dry dockings in

Full article at mrcplast.com

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