Annual Report

Overview

The report describes a difficult 2011 shipping market, with group revenues of 394,457 thousand USD and a net loss of 95,986 thousand USD. The company operated an owned fleet of 38 vessels spanning VLCC, Suezmax, and FSO assets. It also highlights active safety and environmental measures, including CO2 monitoring, slow steaming, waste handling, ISO certifications, and community initiatives.

Document

Report type: Annual Report with Sustainability Disclosures
Class: Embedded
Scope: Full report
Fiscal year: 2011
Period: Ends 31 December 2011
Publication date: 19 March 2012
Language: English
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