Brief: d'Amico Q3 Net Loss Narrows To USD 8.2 Mln

dAmico International Shipping SA

13/11/2019 11:53

Nov 13 (Reuters) - d'Amico International Shipping SA
 B7C.MI :
    * Q3 NET LOSS USD 8.2 MILLION VERSUS LOSS USD 21.0 MILLION
YEAR
AGO
    * Q3 TIME CHARTER EQUIVALENT EARNINGS USD 59.8 MILLION
VERSUS USD
55.1 MILLION YEAR AGO
    * PRODUCT TANKER DEMAND EXPECTED TO BE BOOSTED GOING INTO
2020 BY
IMPACTS RELATING TO IMO 2020 SULPHUR CAP, WITH CLARKSONS
PROJECTING DWT DEMAND TO GROW BY 5.7% NEXT YEAR
    * LOOKING AT THE FUTURE, WE MAINTAIN A VERY POSITIVE OUTLOOK
FOR
THE PRODUCT TANKER INDUSTRY - CEO

Source text for Eikon:  urn:newsml:reuters.com:*:nBIA1Whwfx
Further company coverage:  B7C.MI 

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