Finance costs helped fuel a plunge in quarterly profit at Navig8 Product Tankers despite a surge in revenue, but chief executive Nicolas Busch kept a bullish stance on the sector.
The tanker owner, whose shares are listed on the Oslo over-the-counter market, reported second-quarter net income of $673,000.
That's a drop from $6.3m a year earlier. But most of the decline came in the form of $5.18m
