Norden CEO on China: "They have recovered faster than the rest"

China has recovered faster than all other countries after the pandemic, and this has created a bigger need for import of iron ore and grain products to the country. Norden sees dry bulk spot rates at 90 percent above previous quarter.

Photo: Lars Krabbe/ERH

While several countries in Europe are locking down for the second time, China is headed back on track after being hit by the coronavirus pandemic for months.

This has made Chinese imports increase recently, and this can be felt at shipping company Norden, which has upgraded its guidance for 2020 twice in just a few months.

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