Singapore offshore vessel owner Vallianz Holdings has seen earnings cut in the third quarter, but it has reduced costs to stay profitable in tough markets.
The company said it made $3m on a net basis, against $5.28m in the same period a year ago.
Revenue dipped to $54.8m from $59.83m as income fell from shipmanagement in line with its focus on core chartering and brokering operations.
It
