Lower VLCC rates take a bite out of Okeanis profits
- New York- and Oslo-listed owner posts $29.6m profit for latest quarter
- Board declares $0.70 per share dividend, up from first quarter
- Owner completes repurchase of three VLCCs from Chinese leasing arrangements
Greece-based large tanker owner sees second-quarter VLCC rates suffer sharp decrease, while suezmax earnings held up better
