The Njal Saevik-led company posted net earnings of NOK 53.9m ($6.5m) compared to NOK 16.6m at the same stage of 2014.

Freight income remained almost entirely unchanged at NOK 396.2m against NOK 397m a year ago.

Shortly after the announcement of the results, shares in Havila took flight and traded at NOK 9.09, an increase of 10.45%, placing the company among the best performers of TradeWinds’ shipping index.

Havila