Product tanker and dry bulk carrier Norden continues its solid development in 2022, achieving a second-quarter result that the firm describes as ”fantastic,” with a net profit of USD 178.7m.
In the same period last year, the profit came to USD 32m, according to a financial statement from the company, which has recently shifted its market exposure.
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In the drama surrounding the merger between tanker majors Euronav and Frontline, one of the arguments from Euronav’s biggest shareholder, the Saverys family, is that the merger will pull Euronav in the wrong direction on the green agenda. Euronav tells ShippingWatch that the company rejects this criticism.