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Dry Bulk Tankers and Gas Finance

Norden balances bulkers and tankers to deliver record earnings

Danish dry cargo and products tanker operator books annual net profit of $743.5m on revenues of $5.3bn

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Norden’s prudent timing to flip the majority of its chartering exposure from dry cargo to tankers allowed its freight services and trading division to capture significant returns in the second half of last year, while its owned and leased vessel division sold 14 bulk carriers at peak asset price levels

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