Norden changes strategy after 6 months deficit

"The market rates are still expected to improve towards the end of the year, but not to such an extent that we can maintain our previous expectations for the results for the year," says interim CEO Klaus Nyborg.
BY OLE ANDERSEN

Norden lowers its expectations for the full-year 2014 and now expects a deficit, according to the carrier's 2nd quarter interim report, published Wednesday morning.

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