Overcooked commodity markets and the risk of a global economic slowdown are the biggest risks to Norden’s business this year, according to its chief executive.
The Danish owner and operator of bulkers and product tankers has just posted its best annual result in 11 years and expects 2022 to be even better.
It expects its full-year profit to grow to between $210m and $280m this year, “based on good positioning and active trading in a continued strong and volatile dry cargo market”.