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Lightship: Significant gains in volatile 2014

Lightship Chartering landed a result of USD 639,000 in 2014. Add to this the bonuses and other expenses and the result is more than USD 2.38 million higher than last year, says Executive Chairman, Morten Have to ShippingWatch.

The Danish brokerage firm Lightship Chartering achieved solid improvements last year where the dry bulk market in which Lightship works experienced big fluctuations. The new annual report shows that the company achieved a result of USD 639,000 compared to USD 550,000 in 2013. Revenue landed at over USD 10 million last year compared to USD 9.87 million in 2013.

But the gains are actually more significant, as pointed out by Morten Have, who is Executive Chairman at Lightship Chartering as well as the new CEO of the joint venture between Lightship and Maersk Broker, LMB Bulk Chartering, which is in the midst of being established.

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