Vessel earnings were up compared to the first quarter and the same period of last year but the company was hit by currency factors, including a large unrealised on a Euro denominated loan, as well as a loss on the sale of the 9,655-dwt laid up mini-bulker Wilson Mar (built 1985), since renamed the Armor-Y.
Daily timecharter equivalent income was NOK 25,165 through the second quarter, so up on the NOK 22,584 of the first quarter and NOK 23,391 for the same period of last year.
Contract
