Announcement No. 3, 2013

May 16 2013

Interim financial report - first quarter of 2013

“The world economic and political uncertainty and the tough business environment for international shipping that prevailed throughout 2012 continued into the first quarter of 2013. EBITDA for the first quarter of 2013 was in line with our expectations and down compared to the first quarter of 2012, but better than in the fourth quarter of 2012. We maintain our expectations for full-year EBITDA of USD 60-80m in spite of the continuous challenging business conditions for maritime transport, in particular in the dry bulk segment”, says Jan Kastrup-Nielsen, President and CEO

See the full interim financial report - first quarter of 2013 >>>

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