Eitzen Chemical in continued decline

The 3rd quarter showed no improvements for Eitzen Chemical, and the carrier still needs to find a solution to its long-term conditions and debt, according to the interim report.

BY KATRINE GRØNVALD RAUN

A net deficit of USD 23.7 million in the 3rd quarter testifies to a continuing difficult market for Norwegian tanker carrier Eitzen Chemical. In comparison, the carrier suffered a net deficit of USD 18.4 million in the same period last year.

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