‘It’s still a volatile business’ but what goes down must come back up, says Norden boss Jan Rindbo
CEO says Danish company is equipped to handle the volatility and create returns for investors
Norden profit hit by huge trading loss as bulker operating margins slide
Freight Services & Trading division was caught out by markets and booked a huge loss
Norden profit hit by huge trading loss as bulker operating margins slide Read More »
Capesize rates crash 13% in two days as miners pull back on fixtures
Average spot rates took a $2,000 hit on Tuesday and have fallen by 13% since the end of last week
Capesize rates crash 13% in two days as miners pull back on fixtures Read More »
Iron ore shipments set for slower growth this year amid mixed signals from China
Low net fleet growth will be what saves the day for capesize demand
Iron ore shipments set for slower growth this year amid mixed signals from China Read More »
Fednav sells ultramax as buyers eye Japanese steel
Japanese ultramaxes have been flavour of the month
Fednav sells ultramax as buyers eye Japanese steel Read More »