Other highlights:
- Chemical tanker market at unsustainable level
- First six months net loss of USD 68 million, EBITDA of USD 87 million and EBIT USD 9 million
- Time-charter results per day increased by 2% compared to first quarter
- Stable results from tank terminals
- Hedging of bunkers and currency increased EBITDA by USD 9 million for second quarter 2010
The results will be presented Thursday 19th of August 2010 at 14:00 CET by President/CEO Jan A. Hammer and Senior Vice President/ CFO Haakon Ringdal. The presentation will be held live at DnB NOR at Stranden 21, Aker Brygge. The presentation will be in Norwegian.