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.

BY KATRINE GRØNVALD RAUN

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.

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Nordic Tankers consolidates activities in Copenhagen
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Nordic Tankers divests ships for USD 21.8 million
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Herning Shipping negotiating debt with bank

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