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Strong dry bulk market makes Norden raise its guidance again

Dry bulk operator Norden once again updates its earnings forecast. A historically strong dry bulk market leads the company to raise its guidance for an adjusted result of upwards of USD 160 million.

Photo: Lars Krabbe/ERH

The dry bulk market is going strong and showing no signs of stopping, leading Norden to once more raise expectations for its 2021 result.

The dry bulk operator now anticipates an expected annual result of USD 110-160 million, up from USD 75-125 million, according to a stock market release published Tuesday.

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