Belships ASA: A Challenging Quarter – Improving Outlook Ahead

Operating income of USD 28.6 million (Q2 2019: USD 29.6m) EBITDA of USD 1.9m (USD 8.0m) Net result of USD -14.6m (USD 0.1m). Net result includes non-cash impairment of USD 4.9m total for the four oldest vessels in the fleet Net TCE earnings per ship of USD 6 927 per day versus BSI index of …

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