Norden upgrades forecast again

A strong dry bulk market prompts Norden to upgrade its expectations for 2021 once again. The carrier now expects to book an adjusted profit upwards of USD 200 million.

Photo: Lars Krabbe/ERH

Dry bulk and tanker operator Norden has once again raised its expectations for 2021.

A particularly strong dry bulk market has prompted Norden to upgrade, meaning that the company now expects an adjusted annual profit of USD 140-200 million. Previously, the company reported an expected result of USD 110-116 million.

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