Tanker owner Navig8 Topco Holdings is optimistic about its markets after logging stronger earnings in its first quarter.
The private investment company of the Navig8 Group, registered in the Marshall Islands, posted net profit of $6.9m to 30 June, against $2.2m in the same period of 2018.
The fleet of 20 owned or partially owned LR1s, LR2s, MRs, bunker tankers and a VLCC brought in revenue of $774.4m,
