Navig8 Chemical Tankers reported a fourth-quarter and full-year 2017 loss as the company's newbuilding programme delivered in its full fleet.

The Oslo-listed owner reported a $0.10 per share loss for the fourth quarter compared to $0.09 per share loss a year earlier quarter as operating expenses and non-cash depreciation expenses expanded faster than revenue.

For the full-year, the company posted a $0.35