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Stena Weco sets record in 2013

Joint venture Stena Weco has left its deficit behind over the last two years, almost doubling its result in 2013, according to the company's interim report. The carrier expects a similar result for 2014.

Things certainly seem to be moving in the right direction for Stena Weco, a joint venture between Danish Rungsted-based carrier Dannebrog and Swedish Stena Bulk AB.

In 2013 the carrier, which primarily transports vegetable oils, chemicals, and other oil products, improved its bottom line to USD 14.4 million, almost doubling its result compared to 2012, where the company made USD 8.4 million - the carrier's first profit.

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