Espen Galtung Dosvig’s EGD Holding will continue betting on tankers in good markets after a strong shipping result last year.

The private Norwegian company said net profit was NOK 570.7m ($53.1m) in 2023, down from NOK 725.1m the year before.

Sinochem halts Canadian tanker shipments after refinery closures
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Revenue was up at NOK 1.7bn