02/11/2015at 10:32

Struggling Gulf Navigation gets financial breather

Gulf Navigation increased its earnings significantly in the first nine months of the year. The big question is whether its creditors, including Norway's DNB, are taking reassurance from this.

BY OLE ANDERSEN

Dubai-based chemical tanker carrier Gulf Navigation, which is facing serious financial difficulties, grew its earnings 123 percent in the first nine months of 2015 compared to the same period last year.

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