Oslo-listed Stainless Tankers has pushed up its first-quarter earnings on the back of chemical carrier sales.
The Tufton-backed company said net profit was $4.4m, up from $3m a year ago.
Revenue fell to $12.8m against $16m in 2024.
The 20,000-dwt Marmotas and 20,645-dwt Monax (both built 2005) left the fleet for a total of $31.2m.
