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Increasing cargo volumes boost Royal Arctic Line

Royal Arctic Line beat the odds in an otherwise traditionally challenging first quarter, delivering a positive operating result of USD 129,000. A strong increase in volumes to and from Greenland is a major contributing factor.

Photo: POLFOTO/Ole G. Jensen

Ice and seasonal fluctuations usually put a damper on Royal Arctic Line's business in the first quarter. In fact, the first few months of the year tend to be challenging overall.

But this has not been the case this year, where cargo to and from Greenland has increased significantly when compared to previous years. This helped the company to land a surplus operating profit of USD 129,000 against a loss of USD 386,531 in the same period last year, according to the first quarter interim report.

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