Show the full website

ShippingWatch

How Norden miscalculated by USD 15 million

Norden made a miscalculation, resulting in a USD 15 million downgrade of the shipping company's full-year guidance. The mistake was largely caused by the new accounting standards and cover a "pretty complex area," CEO Jan Rindbo tells ShippingWatch. The downgrade has made Norden's stock plummet.

Photo: PR/Norden

Log in to read our articles

Welcome to ShippingWatch. A part of our content is exclusive and reserved for our users.

Try ShippingWatch for 14 days.

Get a trial subscription here.

Do you want a trial subscription with multiple users for yourself and your colleagues?

Read more about your options and find the contact information to our sales team here.

More from ShippingWatch

Jobs

See all jobs