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Christiania Shipping expects tripling of operating profit after deficit in 2021

Christiania Shipping with the Eitzen family as main shareholder struggled with losses last year. Improvement in the tanker market, however, makes the carrier believe in significant progress in 2022. New vessels and refinancing will contribute.

Photo: PR

Norwegian shipping family Eitzen, which is the main shareholder of Christiania Shipping, believes a recovery in the tanker market this year will transform last year’s loss in the chemical tanker carrier into marked growth in operating profit.

This is evident from the annual financial report from Christiania Shipping, previously known as Herning Shipping.

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