Dansk Bank lowers Norden expectations

Early 2014 has been hard to Norden, but things could improve for both tanker and dry bulk in the second half of the year, though Danske Bank still lowers its expectations for the carrier's interim report, published next week.

Norden's market in the first quarter of 2014 turned out to be much worse than expected, though this setback can probably be mended in the second half of the year, says Danske Bank in an analysis ahead of the carrier's interim report next week.

Still, the bank has decided to lower its overall expectations for the carrier, according to the analysis from Danske Bank.

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