Optimism put to the test at Danish Ship Finance after new loss
Danish Ship Finance reports a loss for the first half of the year, a period characterized by coronavirus and oil price fluctuations. "The covid-19 pandemic has pushed the global economy into a recession of historic proportions," writes the bank in its report.
The coronavirus crisis combined with fluctuations in the oil price created severe challenges in the first half of 2020, where the bottom line of Danish Ship Finance went from black to red.
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