Oslo Stock Exchange-listed Belships has reported a jump in profits and revenue in the second quarter of this year after expanding its fleet.
The company reported a net profit of $31.6m, compared to $22.5m in the same period last year. Operating income also increased from $140.4m to $190.4m over the same period.
“The increase in net result is mainly caused by the improved freight market and Belships’ increased fleet,” the company said in its earnings statement.
