The Pula-based tanker and bulker ownerrecorded a deficit of HRK 18.6m ($3.3m) for the three months to 30 September from HRK17.2m in the same period of 2012.

However year to date to the loss tumbled toHRK 32.9m from a deficit of HRK 48.9m in the first nine months of 2012.

Third quarter revenue dipped to HRK 57mfrom HRK 59.2m while nine month sales were down by just HRK 3m to HRK 164.3m.

Uljanik