Norden sees significant growth opportunities for its dry cargo operating business amid the belief the bulker market is set to improve further next year.

The Danish owner will also keep an eye open for further growth at its tanker arm following an active year for counter-cyclical moves in that arena.

Jan Rindbo, chief executive of Norden, tells TradeWinds the owner has restructured its dry cargo business to create smaller and more agile teams with more decision-making power.