Croatia's Tankerska Next Generation (TNG) has turned a profit thanks to a tanker rebound in the fourth quarter, but said 2020 is presenting a whole new range of challenges.
The MR specialist logged net earnings of $900,000 to 31 December, from a loss of $1.64m in 2018. Revenue sank from $11.88m to $9.95m.
Total costs were cut to $970,000 against $3.54m
