Danske Bank: Tanker will improve Norden result

Dry bulk carrier Norden fortunately also possesses a tanker fleet, which Danske Bank believes is performing so well that the carrier will raise its full-year guidance for 2015 in relation to the second quarter interim report next week.

If Norden's fleet consisted solely of dry bulk vessels there would likely be a lot less to smile about at the carrier's headquarters just north of downtown Copenhagen. But with the company's fleet of product tankers, Norden is also benefiting from the market upturn that has tanker players cashing in big-time across the board, both at carriers with supertankers as well as players operating smaller vessels.

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