A jump in turnover from NOK 63m to NOK 91m ($11.62m) at the brokerage helped it turn 2013 red ink into black in the year just passed.

In a statement issued today, further specific details on results of Grieg Shipbrokers, formerly Joachim Grieg & Co, were not disclosed.

The improved showing from the broker came as Grieg Group reported a pre-tax profit of NOK 365m for 2014, down from NOK 431m in the previous 12 months.

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