Norden is sharing the wealth with its shareholders after a “fantastic” second quarter with a surprise interim dividend and a new share buyback programme.
Record margins generated by Norden’s freight business had a big pay-off for the Danish owner-operator in the second quarter.
In fact, the Copenhagen-listed firm, which has a fleet of product tankers and bulkers, has already made more net profit during the first half of 2022 than it did during 2021 as a whole.