ShippingWatch

A part ofWatch Medier

Nordic Bulk Carriers increases earnings

Nordic Bulk Carriers saw a 2012 with gains on both the turnover and the bottom line. New contracts and a continued focus on the specialty of ice class tonnage have been the driving forces of the growth.

Photo: Marinvest
BY LOUISE VOGDRUP-SCHMIDT
Published:

Nordic Bulk Carriers has managed to specialize so thoroughly and well in ice class tonnage and voyages through the North-East Passage that 2012 was a markedly better year than 2011. This is evident from the just-published annual report from the company in Hellerup, Denmark.

The turnover increased from 89 million USD in 2011 to 140 million USD in 2012. Simultaneously, the annual result went from a deficit of 92,000 USD to a surplus of 2.4 million USD in 2012.

Read this article for free

Register with your E-mail.
No credit card required.

Get full access for you and your coworkers.

Start a free company trial today

Related articles

Latest news

  1. BP drastically cuts oil exploration
  2. Equinor and Total in dispute about faulty wells
  3. Sveaas' investment firm becomes one of the major owners of Trøim's Borr Drilling
  4. Diamond Offshore announces comprehensive restructuring plan
  5. DFDS buys logistics company with 1,800 employees
  6. Shipping heavyweights join forces to solve crisis of stranded seafarers
  7. Maersk Broker in partnership with platform for alternative ship financing
  8. Unemployed supertankers are about to get junked on Asia's beaches
  9. Odfjell Drilling signs million-dollar contract with Lundin Energy
  10. What is going on with Pacific Basin and Nordic CEOs?
  11. Bunker supplier Peninsula expands in North Europe
  12. Bunker Holding company sees fierce competition after oil price plunge
  13. Shippers with "low-value" goods hit hardest by soaring rates
  14. Shippers and freight forwarders: EU to discuss red-hot container market with US and China
  15. OOIL raises USD 120 million for new ships and containers
  16. One killed and 15 seafarers kidnapped in pirate attack on container ship in the Gulf of Guinea
  17. Seaspan brings in USD 200 million from sustainbility-linked bonds
  18. A new motorized bow turns tugboats into icebreakers
  19. Black Lives Matter stirred up a dilemma for the president of Hapag-Lloyd America
  20. Kristian Siem loses ownership control of Siem Offshore

See all

Jobs

See all

See all