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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

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.

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