ShippingWatch

Norden pays the price of a "catastrophically bad tanker market" in 2021

The current tanker market is catastrophically poor with unprecedented low rates in the otherwise attractive winter months, Norden CEO Jan Rindbo tells ShippingWatch. That is why he projects that Norden's earnings will almost halve in 2021, compared to 2020's record result.

Photo: Lars Krabbe/ERH

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