Norden is closely watching the potential impact of a trade war between the US and China at a time when it sees the dry cargo market as tightly balanced.
Copenhagen-listed Norden – which today reported stronger than forecast first quarter results – believes the rhetoric between the two world powers is entering a more sensible phase.
Jan Rindbo, chief executive of Norden, said while the initial phase largely took part on social media, the two countries are now talking with each other.