Norden: The capital shift from tankers to dry cargo

AI Summary

Norden CEO Jan Rindbo says fragmented shipping markets require flexibility, with the Danish group reducing tanker exposure in favor of dry bulk. He argues dry cargo currently offers a better risk-reward balance as different shipping segments sit at different points in the cycle.

Jan Rindbo says today’s fragmented shipping markets demand flexibility, with tanker exposure being reduced as dry bulk offers a more attractive balance of risk and reward. Shipping’s fragmented markets are moving through very different stages of the cycle, and for Norden chief executive Jan Rindbo, that is increasingly shaping where the Danish shipping group puts …