12/11/2014at 08:22

Norden suffered USD 11 million operating loss in 3rd quarter

As expected, Norden suffered a 3rd quarter deficit in the weak dry bulk market, though the market could bring attractive opportunities, says interim CEO Klaus Nyborg.

BY OLE ANDERSEN

Norden suffered an operating deficit of USD 11 million in the 3rd quarter, compared to a USD 19 million profit in the same period last year.

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