Klaus Nyborg: Norden has been too optimistic

Norden's downgrade on Wednesday is the result of an extremely low dry bulk market. There was too much optimism at the beginning of the year to predict that the market could behave so poorly, interim CEO Klaus Nyborg tells ShippingWatch.
Photo: Bjørn Marcus Trappaud
Photo: Bjørn Marcus Trappaud

One year ago things were looking fine at D/S Norden compared to the carrier's downgrade on Wednesday - Norden's second downgrade this year.

Already a subscriber?Log in here

Read the whole article

Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
Must contain at least 6 characters
Must contain at least 2 characters
Must contain at least 2 characters

Get full access for you and your coworkers

Start a free company trial today

Share article

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

Newsletter terms

Front page now

Further reading