The holding company for Nicolai E Lorentzen and his family has reported a jump in profit after two lucrative bulker sales.
Jamlo, which is the parent of shipowner Lorentzen Skibs, logged a pre-tax profit of NOK 33m ($4.1m) in 2017, against a NOK 1m profit a year earlier, according to its annual results.
Jamlo also reported successes in its bulker positions.
