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.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Norden books "fantastic" second-quarter result

Product tanker and dry bulk company Norden bags a result for the second quarter that the carrier itself describes as ”fantastic.” CEO Jan Rindbo says this is due to the ”exceptional” product tanker rates, according to a financial statement.

Further reading

Related articles

Latest news

See all jobs