American Shipping Company ASA: Positive Fundamentals In the Jones Act Tanker Market

Capt. John

American Shipping Company ASA announces results for first quarter ending 31 March 2019. HIGHLIGHTS • Stable Q1 bareboat revenue of USD 21.6 million • Backlog of secured bareboat revenue of USD 281.1 million with average weighted tenor of 3.2 years • Normalized EBITDA for Q1 of USD 21.7 million and...

https://www.hellenicshippingnews.com/american-shipping-company-asa-positive-fundamentals-in-the-jones-act-tanker-market/

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