Norden's head of dry bulk on rate drop: "Right now things look very weak"

Norden has moved past a challenging year and now looks into 2020, which has had a very weak start. However, the year could turn out reasonable, according to head of dry bulk Christian Vinther Christensen, who points to one trend in particular.

Photo: PR / Norden

It has been a weak start, and this looks set to continue in the near future, says Christian Vinther Christensen, head of dry bulk at shipping company Norden, on the new year for the dry bulk market.

Recent weeks have seen the Baltic Dry Index go down, with rates diving by a total 29 percent year to date.

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