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Navig8 Chemical multiplies net result in Q2

New chemical tanker vessels benefited Navig8 Chemical Tankers in the second quarter, which brought an improved result in spite of a weaker market. CEO Nicholas Busch projects favorable rates going forward.

Photo: Navig8

BY KATRINE GRØNVALD RAUN

Navig8 Chemical Tankers, which is listed on the OTC Exchange in Oslo, multiplied its net result in the second quarter. The carrier delivered a result of USD 9.6 million against USD 2.9 million in the same period last year.

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