Norden feels a rising demand from Japan

Norden feels an increased interest from Japanese energy companies looking for suppliers of coal following last year’s natural disaster, which left 95 % of the country’s nuclear reactors paralyzed.

The head of Norden’s dry bulk department, Executive Vice President Peter Norborg, tells ShippingWatch that since Christmas 2011 there has been a noticeable rise in interest - and several inquiries - from Japanese companies looking for coal, which has been chosen to replace nuclear fuel.

"We sense a rising interest for an increased coal import. That alone is interesting, but also because it is a sign that the Japanese market, traditionally a closed one, is now opening up to foreign players," says Peter Norborg.

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