Norden merges dry bulk and tanker in new structure
Dry bulk and product tanker carrier Norden alters its structure by reducing three units to two. Among the separate businesses are Dry Operator and Tanker Operator, which are being merged.
by DAG HOLMSTAD
Norden, which this year has benefited from a highly positive dry bulk market and is headed for a total profit of up to USD 200 million, is tightening up its organization.
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