Norden books massive 2015 deficit after new impairment and loss
BY RITZAU FINANS
China's economy has made the price of dry bulk vessels slide big-time. As such, Norden impairs its fleet, makes provisions for USD 340 million and reduced its full-year 2015 operating profit guidance by close to USD 290 million.
Log in to read our articles
Welcome to ShippingWatch. A part of our content is exclusive and reserved for our users.