The private equity-backed shipowner lost just over $1m, but this was an improvement over the losses of $2.45m seen a year ago.
The Danish product tanker owner saw time charter equivalent (TCE) revenue improve 28% to $7.3m, while operating costs were down about 5% at $4.1m.
Nordic’s five 37,000-dwt handy tankers remain commercially managed by Maersk in the Handytankers Pool, whilst the 73,000-dwt LR1 remains under the joint commercial management of the Straits Tankers Pool.
For
