
Norden's fourth quarter report will probably not be worth writing home about. The numbers will likely be proof of a historically weak period in the dry bulk market, which is the carrier's most prominent area of business.
The Baltic Dry Index which covers rates in dry bulk - freight of commodities such as coal, iron ore and corn - have in February hit the lowest levels in the history of the index, which notedly dates back to the 1980s.
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