NORDEN has raised its full-year 2026 net profit guidance to $180–230 million, up from its previous forecast of $140–190 million, citing strong operational performance. The company maintained its forecast for $79 million in sales gains from transactions already signed.
NORDEN continues to deliver strong operational performance across both Dry cargo and Tankers, supported by a combination of solid execution, successful regional positioning and firmer market rates. Rest of year earnings are expected to be back-end-loaded with a large share of the higher expected profits to be realised late in the year.
NORDEN CEO, Jan Rindbo, comments: “Since we are seeing strong performance across our business, we are pleased to upgrade our earnings expectations for the year. Our new guidance comes not only on the back of higher rates, especially in the tanker segment, but also from disciplined execution which we expect to impact our bottom line especially towards the end of the year.”
NORDEN will, as previously communicated, publish the Q3 2026 interim report on 29 October 2026.
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