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Nordic Shipholding's profits surge

Stock-listed Nordic Shipholding and its fleet of just six product tankers achieved a net result of USD 13.6 million in 2015.

Nordic Shipholding reported a combined net result of USD 13.6 million in 2015 against USD 2.4 million the year prior.

Nordic Shipholding owns six product tankers, five of which are Handysize vessels operating in the Handytankers pool, which is administered by Maersk Tankers. The company's LR1 product tanker Nordic Anne is chartered out out on a three-year contract.

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