Bryggen Shipping International and sister company Network Chartering International, operate 15 tankers, either on time charters or commercial management. The holding company, Laxevaag Tankers, last year logged a pre-tax profit of $7m, up from $4.6m in 2014 but turnover dropped from $96m to $70m.
Laxevaag Tankers had a book equity of NOK 112m ($13.8m) at the end of last year. Most of the profit is kept within the company.
