Svendborg's family shipping company boosts equity with new million profit
The Svendborg-based shipping company M.H. Simonsen's 14 tankers have earned 95 million DKK in a still strong freight market, which according to the director is on its way towards more normal conditions
The best accounts in the family-owned shipping company M.H. Simonsen's 93-year history have been hard to beat in the new accounts from the shipping company, which covers the period July 2023 to July this year.
However, shipowner and CEO Lars Hjorth Simonsen is still very satisfied with this year's performance, he tells Søfart.