Rindbo and Norden confident in reasonable 2022 for dry bulk despite rate declines

Dry bulk rates have dwindled somewhat of late in a year that has otherwise gone at full blast. Despite the current correction, however, Norden and CEO Jan Rindbo have a positive outlook on the dry bulk market, "also into next year", he tells ShippingWatch.

"Vi er generelt stadig positive på tørlastmarkedet. Også ind i næste år," siger Jan Rindbo til ShippingWatch. | Photo: NORDEN

Strong market trends in dry bulk are catapulting Norden towards its best annual result in 11 years, and next year promises to be play out reasonably for dry bulk as well, even though the rates are unlikely to hit the same level.

This forecast comes from CEO Jan Rindbo in the wake of Thursday's presentation of Norden's biggest quarterly profit since the beginning of 2011.

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