Norden drops full-year guidance for bulk operator unit
Norden has increased its estimate for full-year profits in the tankers unit, while dropping its guidance for the dry operator unit. The Danish company sank into a second-quarter loss of $8.3m from a small profit a year earlier
While the results were disappointing for the dry bulk segment due to few trading opportunities, the company is more optimistic for the tankers segment ahead of IMO 2020
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