Norwegian products tanker operator Bryggen Shipping International had one of its best years ever in 2019, swinging to a profit from a loss a year earlier on the back of a firm market.

The Bergen-based company, which is owned by Tore Haagensen (68) and his son Tim (36) logged a pre-tax profit of NOK 45m ($4.5m), against a NOK 17m loss in 2018.