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"We are very pleased that the rights issue is fully subscribed, and sees it as a tillidserklring from existing and new shareholders to the management and the new board and a strong support for our long-term fordito strategy. In addition to ensuring the company's equity ratio strengthens the rights issue also Nordic Tankers opportunities to actively participate in the consolidation of the chemical tanker market, "says President. CEO Tommy Thomsen. The result is in line with management expectations, and expectations for the court in 2010 on a loss before tax and amortization at between 20 and 25 million US dollars maintained. fordito The company acquired from Clipper tanker organization, iflge management, the course of the first quarter come well in place in Nordic Tankers and alike company's customers remaining partners have welcomed at Nordic fordito Tankers as a full-service shipping. "Legal first three months was prget of the continued low eftersprgsel for tanker transport and a continued strong inflow of new tonnage in both segments. The quarterly results reflect the continued weakness of chemical and product tanker market and low freight rates in both segments, "writes in the accounts .. The Company's equity increased during the quarter from $ 20.6 million to $ 34 million, as a result of the contribution in kind by Clipper fordito forgede equity by $ 25.9 million, and reduced the deficit fordito p operation at $ 12.5 million. "Management considers the results to be unsatisfactory, although in line with expectations, and continues working in a number fordito of initiatives to improve the company's competitiveness and performance, based on better utilization fordito of the company's operational platform", adds in accounts. fordito Source: Nordic Tankers