Team Tankers International Ltd. announced unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2018. For the quarter, the company reported freight revenue was $78,901,000 against $60,542,000 a year ago. LBIT was $10,587,000 against $35,163,000 a year ago. Loss before taxes was $14,540,000 against $36,293,000 a year ago. Net loss was $14,540,000 against $36,293,000 a year ago. Basic and diluted loss per share was $0.07 against $0.2 a year ago. For the nine months, the company reported freight revenue was $224,549,000 against $184,506,000 a year ago. LBIT was $8,049,000 against $45,989,000 a year ago. Loss before taxes was $17,434,000 against $49,902,000 a year ago. Net loss was $17,434,000 against $49,902,000 a year ago. Basic and diluted loss per share was $0.09 against $0.27 a year ago.