Tanker

Sovcomflot projects significant improvements in 2015

Russian tanker carrier Sovcomflot delivered an improved net result and EBITDA in the first quarter of the year, and the company expects a greatly improved result in 2015 than the year before, notes the carrier.
by DANIEL LOGAN

State-owned Russian carrier Sovcomflot grew its operating profit and net result in the first three months of the year, where the tanker carrier achieved a net result of USD 97 million, compared to USD 58.1 million in the quarter 2014.

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