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Dry Bulk Denmark International

Norden warns of lower earnings in 2021 on weak tanker market

Danish owner and operator expects that the soft tanker market outlook will drag down full-year profits. Any recovery will depend on when the lockdowns in key global economies end

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The company posted a fourfold increase in net profit in 2020 mainly attributed to its dry bulk operator unit, which had an ‘outstanding’ performance, despite challenging markets

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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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