Stimulus spur and coal keeping the lights on: Norden bets on ‘resilient’ Chinese economy

After 20 years of business in China, Norden re-entered the capesize segment in 2023.

Recently, there have been doubts about the strength of the Chinese economy but the Danish owner-operator has a stable outlook.

Huge Chinese stimulus package could add $5,000 to capesize rates, says Clarksons

Read more

“We continue to see growth for Norden in the capesize segment,” Peter Koch Hansen, head of dry cargo Asia at Norden, said in an interview with TradeWinds in Shanghai.