Knightsbridge Tankers Limited reports net income of $60.4 million and earnings per share of $3.53 for the fourth quarter of 2007. Included in the net income figure is a gain of $49.1 million resulting from the sale of 1995- built VLCC Chelsea in December 2007. Earnings per share in the fourth quarter before this gain on sale were $0.66. The average daily time charter equivalents (‘TCEs’) earned by the Company’s five VLCCs was $46,800 compared with $39,200 in the preceding quarter.
Green Marine
about 18 years ago
Knightsbridge Tankers Limited – Fourth Quarter and Financial Year 2007 Results
Knightsbridge Tankers Limited reports net income of $60.4 million and earnings per share of $3.53 for the fourth quarter of 2007. Included in the net income figure is a gain of $49.1 million resulting from the sale of 1995- built VLCC Chelsea in December 2007. Earnings per share in the fourth quarte
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