Norwegian clean tanker broker Infinity Shipbrokers reported a profit margin of more than 30% last year, despite earnings falling by more than half.
“The market collapsed last year,” said sole Infinity shareholder and chairman Preben Halldor Strono, who is now optimistic about the company's outlook. "We are very strong on LR2s [long-range-two tankers]; now we only need the market to recover."
