Top executives at the ship management arm of London-Greek shipowner Lomar saw their pay rise in 2022 despite the company falling into the red.
The latest accounts filed at Companies House in the UK show Lomar Shipping Ltd (LSL) made a net loss of £443,000 ($540,000), down from a profit of £3.83m in 2021.
LSL manages the fleet of the Lomar parent entity and does not typically manage vessels for other owners, the company told TradeWinds.
