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Norden reports best quarter in five years

Norden delivered its best quarterly result in almost five years with an adjusted profit of USD 31 million in the fourth quarter. The shipping company expects a higher result for 2020 as a whole despite uncertainties triggered by the coronavirus.
Photo: PR / Norden
Photo: PR / Norden
by DANIEL LOGAN

The fourth quarter 2019 became the best quarter in close to five years for shipping company Norden, shows the interim report Wednesday. The company reports an adjusted profit of USD 31 million, up from USD 19.3 million in the same quarter 2018.

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