Norwegian LPGC player Yara International has posted a big drop in third quarter earnings.
The fertiliser giant, which ships 4m tons of ammonia per year, said net profit was NOK 821m ($100m) from NOK 4bn in the same period of 2015.
Revenue declined to NOK 24bn against NOK 30bn.
It blamed supply‐driven prices for fertiliser globally.
Since June, it has taken delivery of five LPG carriers from Hyundai Mipo Dockyard (HMD) in South Korea.
Three
