ShippingWatch

Nordic Tankers CEO: We now have a solid financial platform

The deal for Herning Shipping between owner Triton and the carrier's main bank means that the company is now better equipped for growth, CEO Per Sylvester Jensen tells ShippingWatch, adding that he is cautiously optimistic about 2015.

The unsustainable financial situation at Herning Shipping, acquired by Triton in 2011, looks to have been saved from the slump. A new agreement between Triton and the carrier's main bank brings fresh capital to the carrier as well as a long-term plan for repaying the company's debt.

This is an important agreement for both Nordic Tankers and Herning Shipping. The carriers were merged in 2012 and will now also be working under the same roof at headquarters in Copenhagen going forward.

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