On 28 February 2019, American Shipping Company ASA announced the results for fourth quarter ending 31 December 2018.
Report Highlights- Overseas Shipholding Group (“OSG”) exercised options to extend the bareboat charter agreements for all nine of AMSC’s vessels up for renewal
- Stable Q4 bareboat revenue of USD 22.1 million and backlog of secured bareboat revenue of USD 302.7 million with average weighted tenor of 3.4 years
- Normalized EBITDA for Q4 of USD 22.2 million
- Adjusted net profit for Q4 of...
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