Tag Archives: fleet optimisation

NORDEN upgrades 2026 profit outlook following strong tanker market performance and increased vessel sale gains

(IN BRIEF) NORDEN has raised its 2026 full-year net profit guidance to USD 70–140 million, supported by strong tanker market performance and increased gains from vessel sales. In Q1 2026, the company reported a net profit of USD 11 million, … Read the full press release

ABL Secures Fleet Wide DP and Critical Systems Consultancy Contract to Support Offshore Vessel Operations

(IN BRIEF) ABL has secured a new contract to provide fleet-wide dynamic positioning and critical systems consultancy services for an undisclosed vessel owner, with work being delivered through its Egypt operations. The scope includes DP consultancy, FMEA studies, proving trials, … Read the full press release

Norden Advances Strategic Fleet Renewal with Vessel Divestments, MPP Newbuilds and Share Buybacks

(IN BRIEF) Norden has sold one MR tanker and one Capesize vessel from its owned fleet, taking advantage of strong asset market conditions in both dry cargo and tanker segments. Alongside these divestments, the company is expanding its project cargo … Read the full press release