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Rindbo after new Norden upgrade: "I believe one can expect a slowdown on the dry bulk market"

A more exposed dry bulk market has made Norden neutralize its position within dry bulk, moving the exposure to tanker instead. ”We have fully covered ourselves,” says CEO Jan Rindbo to ShippingWatch after the carrier’s third upward adjustment this year.

Photo: Lars Krabbe/Jyllands-Posten/Ritzau Scanpix

With a strongly advancing market within tanker, Norden has dialed down expectations for the dry bulk market.

This means the Danish dry bulk and tanker operator has moved a large majority of its exposure to tanker and concurrently ”neutralized” its position within dry bulk, says Chief Executive Jan Rindbo in an interview with ShippingWatch.

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