Results generated by Norden’s operated fleet of bulk carriers have led to the Danish firm booking its best annual result in 11 years.
The Copenhagen-listed firm recorded annual profit of $205m for the full year 2021, which was also the year of its 150th anniversary. Return on equity in 2021 was 22%.
The company, which owns and operates product tankers and small to midsize bulkers, booked $86m in profit for the full year 2020.
