Wilhelm Holst, who took control of global shipping at Lorentzen & Stemoco (L&S) last year, has been rebuilding the company after difficult years.
The low point for L&S came in 2016, when its staff numbers fell to 21 and the company posted a pre-tax loss of NOK 6m ($0.8m).
According to Holst, L&S' headcount is now pushing 50, and the company is aiming to turn a profit in 2019.
