(Source: IM Skaugen ASA) PERFORMANCE 1Q 2015 The I.M. Skaugen Group (IMSK) had a negative result for 1Q 2015 of USD4.6 mill, compared to a negative USD9.2 mill for 4Q 2014 and a negative USD6.7 mill for 1Q 2014. The economic performance of the company improved in 1Q15 compared to 1Q14 and 4Q14. However the recovery in our results has been curtailed by the prevailing overcapacity within our segment of ship sizes of this industry. This is mostly due to reduced demand for transportation services for the core petrochemical gasses such as ethylene, propylene, VCM and butadiene. There is a strong growth in the demand and needs for LPG and ethane transportation, but this growth has not been enough...
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