Independent Tankers Corporation Limited announced unaudited consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, the company reported total operating revenues of $15,037,000 compared to $18,146,000 a year ago. Operating income was $4,000,000 compared to $3,162,000 a year ago.

Net loss was $1,780,000 compared to $2,859,000 a year ago. Basic loss per share was $0.02 compared to $0.04 a year ago. Net cash used in operating activities was $4,263,000 compared to $5,102,000 a year ago.