Croatian tanker owner TNG reports net profit of $4.9 mln for 2015
Croatian quoted tanker owner Tankerska Next Generation (TNG) reported a net profit of $4.9 mill, revenues of $19.5 mill, an EBITDA of $8.7 mill and EBIT of $4.8 mill for 2015.
The average daily TCE was $16,340 for the six MRs in the fleet, four of which were delivered last year.
During the third quarter, the funds raised on the capital market were used according to the programme of gaining newbuildings, which was successfully concluded in July by acquiring a third contract for the delivery of an Eco-design product tanker.
“’Vukovar’ was delivered to TNG on 29th April and was immediately employed on a three year timecharter with STI Chartering and Trading at $17,250 per day. ‘Zoilo’, the second vessel, was delivered in July. A contract for its employment was secured for a minimum period of three years with Trafigura at $17,750 per day.
