Norden wants "significantly" more dry bulk vessels in its fleet

Norden's fleet of operated dry bulk vessels should become "significantly" bigger in the coming years, CEO Jan Rindbo tells ShippingWatch following yet another quarterly deficit. Rindbo declines to comment on possible impairments on tanker.

Following yet another quarter with a negative result at DS Norden, which is plagued by not just the extremely low dry bulk market but now a weak tanker market as well, the carrier's other core business.

"We are never pleased with a deficit," CEO Jan Rindbo tells ShippingWatch, adding that the carrier can console itself with the fact that Norden outperformed the market in both segments.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Shipping in a safe position despite shaky world economy

Container carriers are facing a couple of difficult years, but otherwise the shipping industry looks set to do well despite dark clouds over the world economy, according to shipping analyst. ”Right now, most companies are making a lot of money.”

Further reading

Related articles

Latest news

See all jobs