Danish Ship Finance’s loan book grew slightly in the first quarter of this year.

Total loans stood at DKK 32.6bn ($4.7bn) at the end of the period compared with DKK 32bn at the end of 2023, the Copenhagen-based lender said in a quarterly update on Thursday.

“The first-quarter 2024 net result for Danish Ship Finance A/S of DKK 187m is fully satisfactory and reinforces our comfort in achieving the result guided to for the full year 2024,” the firm said.