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Royal Arctic Line delivers record result for 2016

Greenland-based Royal Arctic Line achieved its best result ever in 2016 with a profit of DKK 98 million after taxes. The result came after a year characterized by major changes at the state-owned carrier.

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Frontline hit by weakest tanker market in four years

Over the third quarter, John Fredriksen's tanker carrier Frontline rejected unreasonable offers from customers, especially for the large VLCCs, which had a negative impact on the result, says CEO Robert Hvide Macleod.

Nordic Shipholding lowers guidance again

Nordic Shipholding has decided to downgrade its expectations for 2017 once again. The company now expects a slightly bigger deficit than before, says the carrier in its interim report.

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