Bulk

XO Shipping lands biggest profit yet by far

XO Shipping has seriously profited from the red-hot dry cargo market last year, reveals a financial report put forth by the bulk operator, which is soon to open an office in Dubai employing 15 personnel. The company is optimistic regarding 2022.
XO Shipping's daily manager, Kim Pihl (left), together with Alexander Sillehoved, who left daily management three weeks ago but has stayed on as partner. | Photo: PR / XO Shipping
XO Shipping's daily manager, Kim Pihl (left), together with Alexander Sillehoved, who left daily management three weeks ago but has stayed on as partner. | Photo: PR / XO Shipping
by TOMAS KRISTIANSEN

Denmark-based dry bulk operator XO Shipping Tuesday presented its – beyond comparison – best financial result to date.

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