Tanker

How to make USD 70 million in a tough market

Torben Østergaard-Nielsen's United Shipping and Trading Company delivered a profit of USD 71 million in a year which the founder describes as pretty gloomy. In an interview with ShippingWatch, he reveals a little about the group's 2019 strategy.
Photo: PR-foto/USTC
Photo: PR-foto/USTC
BY JOHANNES HARTKOPF-MIKKELSEN

Soccer is not part of the portfolio at United Shipping & Trading Company, even though there are many companies under the Danish group's umbrella. These include an advertisement agency, an IT company, tanker carrier Uni-Trankers and the growth driver Bunker Holding, just to name a few.

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