ShippingWatch

Norden aims to beat the market with its Dry Operator unit

Shipping company Norden is looking to beat the dry bulk operator market, CEO Jan Rindbo tells ShippingWatch. A weak tanker market led to a negative bottom line in the third quarter of the year.

Photo: Norden

Updated at 2:54 pm CET with comments from Norden CEO Jan Rindbo

A large deficit of USD 18 million in the tanker division sent shipping company DS Norden into the red in the third quarter with a combined bottom line deficit of USD 12 million, shows the company's third quarter interim report.

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