ShippingWatch

Erria gets operational profit in second quarter

The shipping company Erria, which focuses on ship management after having sold off its chemical tanker fleet to Uni-Tankers, maintains expectations for a positive result in 2012.

The shipping company Erria came out of the second quarter with a turnover of USD 3.8 million, while primary operations returned USD 134,000 in profits for continuing activities. In the same period last year, the shipping company had a USD 3.1 million turnover, and a deficit of USD 2.2 million.

“I am very pleased that Erria, even under today’s difficult market conditions, managed to make money with the new business model,” said CEO Henrik N. Andersen in relation to the financial statements.

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