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Norden's bulk business profitable again

Danish dry bulk and tanker carrier Norden achieved a profit in the third quarter. The dry bulk business is profitable again and the carrier upgrades its guidance for 2017.

Photo: Norden

Norden upgrades its guidance for the full-year 2017, and the carrier expects "gradual improvements" in both dry bulk as well as tanker.

Norden is well positioned to benefit from the recent significant improvements in the dry cargo market and raises the expectations for the overall full-year results"

Jan Rindbo, CEO, Norden

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