ShippingWatch

Team Tankers reports bigger deficit after first quarter

Chemical carrier Team Tankers, which recently acquired Laurin Shipping, reports a bigger deficit for the first quarter this year than in the same period last year.

Team Tankers' deficit deepened in the first quarter of the year.

The tanker shipping company, which recently acquired Laurin Shipping AB and Anglo-Atlantic Steamship Company, finished the first quarter with a decrease in time charter revenue as well as profit.

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