3rd quarter was the first quarter with full effect from all acquired vessels
Consolidated EBITDA was USD 13.9 million in the 3rd quarter 2012 versus USD 0.8 million in the same period last year.
Net financial items amounted to USD -15.7 million of which USD 0.7 million related to negative changes in the market value of an interest rate derivative entered into on the loan financing "MSC Vega" .
As of 30 September 2012 the consolidated cash position was USD 25.1 million, including restricted cash with USD 2.9 million.
Consolidated equity is USD 13.8 million.
The mandatory offer made by Sinindo Holdings Limited on 13 July 2012 expired on 10 August 2012 and Sinindo Holdings Limited currently owns 81.97% of the shares in the Company.
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