Deficit grows for MOL Nordic Tankers in first year with new owner

MOL Nordic Tankers incurs a loss for the third consecutive year. 2019 was off to a weaker start than expected, and the market recovery was disappointing, management writes. The company has changed its name again.

Photo: PR / MOL Chemical Tankers

MOL Nordic Tankers exits 2019 with a deficit in its first year under its new, Japanese owner.

The company, at the time known as Nordic Tankers, was acquired by MOL Chemical Tankers at the end of January 2019. The shipping company has since then reshuffled its management and sold several vessels to its new owner.

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