Danish Ship Finance makes USD 149 million profit

Danish Ship Finance grew its profit after taxes significantly in the first half of 2014. Increased repayment on loan impairments drives improvements.

BY KATRINE GRØNVALD RAUN

Danish Ship Finance saw its profit soar in the first half of the year, where the bank achieved a profit before taxes of USD 149 million - a significant improvement over the same period last year, where the result was USD 19.7 million, according to the interim report.

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Danish Ship Finance makes USD 149 million profit

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Danish Ship Finance doubles result

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Front page now

Maritime & Merchant notes fierce competition in loans for shipping

14 arrested at demonstration in front of Maersk headquarters

Norwegian car carriers bag multi-year contracts

IMO's fossil fuel ban in the Arctic faces criticism

Record influx of container ships this year will not cause trouble until 2025

Cosco and CMA CGM expect further pressure on major European ports

Kuehne+Nagel triggers unrest among staff with new management structure

Dry bulk players dismiss green fuels in favor of low-hanging fruits

Less than one percent of the container fleet is currently idle

Congestion in Asian ports is now as bad as during Covid

Analysis: Capesizes have become too expensive despite strong market

UK Chamber of Shipping calls for more trade-friendly policies

Further reading

Kuehne+Nagel triggers unrest among staff with new management structure

Cosco and CMA CGM expect further pressure on major European ports

Congestion in Asian ports is now as bad as during Covid

Less than one percent of the container fleet is currently idle

Dry bulk players dismiss green fuels in favor of low-hanging fruits

Analysis: Capesizes have become too expensive despite strong market

Jobs