The company, listed on London’s AIM exchange, said the net loss for 2013 was $1.11m, compared to $1.55m in 2012.
Revenue dropped to $10.35m from $13.46m as the fleet was cut to two vessels.
But costs were reduced to $9.26m against $12.85m.
It put this down to improved efficiency in regional tanker operations.
Yujin has a chemical tanker operating spot and a bitumen vessel on a term contract until October.
It
