Blue Water Shipping plans to replace Kazakh cash cow with multiple revenue streams

After turning a record profit last year, Danish logistics company Blue Water Shipping expects a significantly lower profit in 2021. Growth must come from multiple smaller high-value contracts going forward, says CEO Søren Nørgaard Thomsen in an interview with ShippingWatch.

Photo: Blue Water - PR

Blue Water Shipping delivered a record result in 2020, but the positive results may prove short-lived as the Danish company expects a significantly lower result in the coming year.

The logistics company has lowered its expectations due to the fact that a major project in Kazakhstan with several contracts spearheaded by Blue Water Shipping expired last year.

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