ShippingWatch

Ultranav is optimistic about gas and bulk in 2013

Ultranav, the Danish holding company behind Ultrabulk and Ultragas among others, takes an optimistic view on the future following the successful turnaround from a deficit of 14 million USD in 2011 to a 3.6 million USD surplus in 2012.

The holding company Ultranav managed to secure a 3.6 million USD surplus in 2012 compared to a 2011 deficit of 14 million USD. Primarily, the company has shipping activities in the dry bulk company Ultrabulk and gas activities in the previously named Ultragas, which today is subsumed under the Ultranav name.

The management has expressed its satisfaction with the result in the latest annual report:

Read the whole article

Get 14 days free access.

No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Several factors explain the plummeting dry bulk rates

Dry bulk rates have taken an unusual dive at the beginning of 2022. Most recently, the Baltic Dry Index dipped by 4 percent Friday. Several factors have triggered a ”panic in the market,” an analyst explains to ShippingWatch.

Further reading

Related articles

Latest news

See all jobs