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Rindbo eyes significant tanker improvement: "It's better than good. It's very strong"

Norden has changed the weighting of dry bulk and tanker, which is now ”very strong” following a long decline. Sanctions against Russian oil will result in a new market boost, predicts CEO Jan Rindbo.

"The rates we see now is way stronger than what the market had expected," says Norden CEO Jan Rindbo on the current tanker market. | Photo: NORDEN

After a miserable 2021 for produkt tanker, the recent weeks have provided ground for optimism.

Rates are increasing and at such a pace that tanker and dry bulk operator Norden recently upgraded its full-year guidance.

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