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

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.

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Norden significantly upgrades its 2021 guidance

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Norden pays the price of a "catastrophically bad tanker market" in 2021

Norden expects significantly lower result in 2021 after record year

Norden has instructed captains to fabricate fake logbooks

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Front page now

MSC acquires 50 percent of Italian railway company

Panama Canal once again limits the daily number of ships

Wärtsilä to introduce ammonia engine: "We are definitely not a bottleneck"

Will the world come to need 12 million barrels of oil a day?

Poseidon Principles align with IMO climate targets

Royal Arctic Line's chief executive steps down

Broker sees benefits in Fredriksen's possible purchase of rival's tankers

Carriers go their separate ways on climate quotas

Russia takes more risks by increasing shipping on Arctic route

Everfuel and French fund to invest EUR 200m in hydrogen through joint venture

Gram Car Carriers lands multi-year contract worth USD 114m

Mississippi River waters dip toward record low in threat to US crop exports

Further reading

Wärtsilä to introduce ammonia engine: "We are definitely not a bottleneck"

Carriers go their separate ways on climate quotas

Media: Sale of DB Schenker enters next phase

It's time for DHL's new global head of ocean freight to prove he can be number one

Will the world come to need 12 million barrels of oil a day?

Russia takes more risks by increasing shipping on Arctic route

Jobs