Eitzen Chemical reduces deficit in 3rd quarter

Norwegian Eitzen Chemical ASA saw slight improvements in the latest quarter, but the carrier is still struggling financially.

by DANIEL LOGAN

The Norwegian chemical tank carrier Eitzen Chemical achieved an improved result in the 3rd quarter 2013, with a net deficit of USD 18.8 million, compared to a deficit of USD 24.4 million in the previous quarter, according to the company's interim report, published Wednesday.

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