Carriers

Nordic Shipholding: We are losing money every day

Product tanker carrier Nordic Shipholding has violated the rules in some of its creditors. The company is currently losing money every day, says chairman Knud Pontoppidan.
BY RITZAU FINANS

Nordic Shipholding, which owns six product tanker vessels, is lacking capital and as of Sept. 30 has violated some of the covenants in its credit agreements with banks.

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