Although tanker operator Euronav had a small deficit in Q2, the carrier advanced during the quarter – both in comparison to the corresponding period last year and the preceding quarter.
Net loss landed at USD 4.9m against USD 87.9m in 2021, according to a press release from the Belgian tanker carrier, which in recent months has been in the spotlight due to a planned merger with rival Frontline.
More from ShippingWatch
A VAT dispute in Latvia has now left ferry operator DFDS with millions of kroner in extra costs and a future of navigating a bureacratic minefield. However, the Danish carrier predicts challenges throughout the industry: ”It is only when it’s actually happening, that you realize it is a problem,” warns the company’s indirect tax manager.