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Dry Bulk Tankers and Gas Europe

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

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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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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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