Norden CEO sees challenges in lower bulk coverage

Norden's declining coverage in the bulk market contributed to the carrier's deficit in the segment, and the market does not offer more coverage in 2016, CEO Jan Rindbo tells ShippingWatch. A new strategy is supposed to help.

Norden may have achieved a USD 37 million profit in tanker in the third quarter, but the same period also cost the bulk carrier USD 9 million. This is despite the fact that Norden made a modest profit on bulk in the first two quarters of the year, and the carrier described the market as "challenging, but better than the first half of the 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