Norvic Shipping optimistic about 2022 after "best year ever"

Securing record rates in 2021, Norvic Shipping had its ”best year ever.” Although rates have since tapered down, the dry bulk market remains driven by high demand and few ships in supply, which could keep the industry stable in the coming years, COO Michael Fenger tells ShippingWatch.
Photo: Carsten Lundager
Photo: Carsten Lundager

Record-high rates prompted an unusually good year for dry bulk operators like Norvic Shipping in 2021.

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