ShippingWatch

One-off item pulls Nordic Shipholding in black

Nordic Shipholding made USD 2.3 million in 2014, mainly due to the reversal of a previous impairment, says the carrier, pointing to a smaller profit in 2015.

Nordic Shipholding achieved a profit after taxes of USD 2.3 million, a significant setback from the carrier's 2013 result of USD 21.5 million, according to the annual report. The result is attributed to improved earnings and a USD 5.2 million one-off income from a partial reversal of a previous impairment on vessel Nordic Anne, says the company:

"Excluding this gain, the Group incurred a net loss of USD 2.8 million for 2014," says Nordic Shipholding.

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

IKEA stops chartering container vessels

IKEA will no longer lease space on board container ships to have its products brought to shelves across the world, the global furniture group confirms. But the company is trying to avoid congested ports.

Further reading

Related articles

Latest news

See all jobs