Norden significantly upgrades its 2021 guidance

Shipping company Norden now expects a significantly better result for 2021 than previously announced. In particular, business unit Dry Operator is expected to benefit from a stronger dry bulk market, writes the company Tuesday.

BY RTIZAU FINANS & SHIPPINGWATCH

Published: 23.03.21 at 09:41

Extremely strong developments in the Dry Operator business unit as well as significant market improvements lead shipping company Norden to upgrade expectations for its adjusted 2021 result.

Now the company guides with USD 50-100 million against the previous USD 20-60 million.

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