Norden returns large sum to shareholders after strong leap in quarterly result

Dry cargo and tanker operator Norden, which has raised its 2022 guidance five times this year due to a profitable product tanker market, landed a Q3 net result of USD 243m, passing more than half along to stakeholders.

Money is pouring in at Norden, to such an extent that the dry bulk and tanker operator is passing a significant sum along to its shareholders, proving rumors that were circulating last week to be true.

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