Latest expectations are that the US will pass an initial AIS Mandate before the end of this calendar year imposing a nine month implementation period for affected vessells.

Apparently this alone could be worth $40m to SRT resulting in upto £12m of additional profits hitting the bottom line. As the company is currently only valued at some £31m the US mandate should prove transformational.

Unlock the rest of this article with a 14 day trial

Already have an account?
Login here