Interim report – second quarter and first half year of 2019

World News: . []

ANNOUNCEMENT NO. 14 -14 AUGUST 2019

Adjusted Result* for Q2 2019: USD -12 million (Q2 2018: USD 4 million)Adjusted Result H1 2019: USD -5 million.

Profit from sale of vessels: USD 3 million

*”Profit/loss for the period” adjusted for “Profit from sale of vessels etc.”

Increase in value of T/C portfolio due to rising forward rates in both dry cargo and tankers.

“.”

CEO Jan Rindbo

A telephone conference will be held today at 3:30 p.m. (CET), where CEO Jan Rindbo and CFO Martin Badsted will comment on the interim report. It is requested that all participants have joined the meeting by latest 3:25 p.m. (CET) – international participants please dial in on +44 (0) 207 192 8000 or +1 631 510 7495, Danish participants please dial in on +45 3272 8042. The telephone conference will be shown live at , where the accompanying presentation wil also be available.

 

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Globe Newswire: 07:19 GMT Wednesday 14th August 2019

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