Dampskibsselskabet Norden A/S 2017 AR2
The report highlights NORDEN's financial and operational performance for the fiscal year 2017, marking its first positive adjusted result since 2011 with USD 28 million. The company restructured its Dry Cargo business into two separate units, Dry Operator and Dry Owner, to enhance transparency and scalability. NORDEN expanded its tanker fleet capacity by adding 71.5 vessel years, positioning itself for market recovery. On the sustainability front, the company achieved TRACE certification for anti-corruption, reduced fuel consumption on owned vessels by an average of 10% compared to 2014, and prepared for upcoming ballast water and sulphur regulations.
Company: Dampskibsselskabet Norden A/S
Sector: Transport & logistics
Country: Denmark
Year: 2017
Type: AR2
Pages: 108
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Dampskibsselskabet Norden A/S
Consolidated Annual Report
The report highlights NORDEN's financial and operational performance for the fiscal year 2017, marking its first positive adjusted result since 2011 with USD 28 million. The company restructured its Dry Cargo business into two separate units, Dry Operator and Dry Owner, to enhance transparency and scalability. NORDEN expanded its tanker fleet capacity by adding 71.5 vessel years, positioning itself for market recovery. On the sustainability front, the company achieved TRACE certification for anti-corruption, reduced fuel consumption on owned vessels by an average of 10% compared to 2014, and prepared for upcoming ballast water and sulphur regulations.
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Document Details
Report Year
2017
Reporting Period
Jan 1, 2017 - Dec 31, 2017
Fiscal Year
2017
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees