Norden trims forecast as last cape is sold

Norden dialled back its 2015 profit forecast as it confirmed its exit from capesize ownership this morning.

Copenhagen-listed Norden said its last owned cape had been swapped for a supramax, a transaction that TradeWinds reported this morning to be with Bocimar.

Norden will record an accounting loss of $14.8m on the sale of the 180,000-dwt Nord Energy (built 2004), a statement said.

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