DNB Markets has lowered its forecasts for Danish shipowner Norden ahead of its first quarter report tomorrow.
Analysts at the Norwegian finance house believe the Copenhagen-listed company will record a modest loss for the opening three months of 2017 and remain in the red for the next two years.
Nicolay Dyvik and colleagues Petter Haugen and Jorgen Lian project Norden will book a loss of $400,000 when it reports its first quarter accounts tomorrow, compared with consensus for a $2.3m
