Dry Operator News Today

Dampskibsselskabet Norden A/S (OTCMKTS:DPBSF – Get Rating) was the target of a large growth in short interest in the month of April. As of April 30th, there was short interest totalling 21,300 shares, a growth of 432.5% from the April 15th total of 4,000 shares. Based on an average daily trading volume, of 100 shares, […]

Dampskibsselskabet Norden A/S (OTCMKTS:DPBSF – Get Rating) saw a significant increase in short interest in the month of April. As of April 30th, there was short interest totalling 21,300 shares, an increase of 432.5% from the April 15th total of 4,000 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is […]

Dampskibsselskabet Norden A/S (OTCMKTS:DPBSF – Get Rating) was the target of a significant decline in short interest in the month of March. As of March 31st, there was short interest totalling 900 shares, a decline of 25.0% from the March 15th total of 1,200 shares. Based on an average daily volume of 300 shares, the […]

Dampskibsselskabet Norden A/S (OTCMKTS:DPBSF – Get Rating) was the target of a significant drop in short interest in March. As of March 31st, there was short interest totalling 900 shares, a drop of 25.0% from the March 15th total of 1,200 shares. Based on an average daily trading volume, of 300 shares, the days-to-cover ratio […]

Norden establishes a new business structure and a new senior management team. This will entail increased growth in the carriers tanker pool and investments in port logistics for an annual USD 20-40 million, CEO Jan Rindbo tells ShippingWatch.

ANNOUNCEMENT NO. 74 - 4 NOVEMBER 2021 For the third quarter of 2021, NORDEN reports a result of USD 65 million - the best quarterly in 10 years. This is...

(PLX AI) - Norden Outlook FY adjusted net income USD 150-200 million compared to USD 140-220 million previously.• Q3 EBIT USD 78.3 million vs. estimate USD 89 million• Q3 adjusted net income USD 51.6 million•

ANNOUNCEMENT NO. 67 - 1 JUNE 2021 Following continued strong performance in the Dry Operator business unit, NORDEN raises its expectations for the full-year 2021 Adjusted Result to USD 110-160 million (approximately DKK 670-975 million), up from USD 75-125 million. The broad guidance range reflects expectations that are mainly based on unrealised future earnings in a market with unusually high volatility. “We continue to benefit from Dry Operator’s long position (more tonnage than ...

Shipping company Norden now expects a significantly better result for 2021 than previously announced. In particular, business unit Dry Operator is expected to benefit from a stronger dry bulk market, writes the company Tuesday. Category: News

Norden Builds Substantial Value In Q1 And Raises Guidance For 2021 NORDEN is well-positioned to capitalise on a historically strong dry cargo market through significant increases in fleet values and by building strong positions for the remainder of 2021. For Q1 2021, NORDEN reports an Adjusted Result of USD -6 million (USD 29 million) and raises its guidance for the Adjusted Annual Result to USD 75-125 million, based on a strong performance in the Dry Operator business unit which is expected to...