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Sovcomflot eyes strong tanker market in 2020

After a loss-making 2018, Sovcomflot generated a towering $225.4m net profit in 2019. The company’s chief financial officer tells Lloyd’s List that beyond the current shock, which the crude oil sector is undergoing, the basics are right

Profits soar in 2019 amid stronger charter markets and the company’s view is the momentum can continue in 2020

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