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.

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.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

CMA CGM expects sharp decline in freight rates

The outlook for the container market looks somewhat more gloomy in the coming time, estimates French CMA CGM. However, the container shipping company still recorded growth on top and bottom lines in third quarter.

Further reading

Related articles

Latest news

See all jobs