25/11/2015at 13:20

Nordic Shipholding delivers USD 8.6 million profit

Nordic Shipholding delivered a net profit of USD 8.6 million in the third-quarter. Positive momentum continued on into the third quarter, says Chairman Knud Pontopppidan. The carrier has significantly upgraded its expectations.

BY KATRINE GRØNVALD RAUN

Nordic Shipholding reported a profit after tax of USD 8.6 million in the third quarter, according to the Danish carrier's third quarter interim report on Wednesday. The result in the same period last year came to a deficit of USD 1.2 million. The product tanker carrier has kept up momentum into the third quarter, says chairman Knud Pontoppidan in the report.

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