Tag Archives: NORDEN

NORDEN Expands Modern Capesize Fleet with Two Newbuilding Leases Amid Positive Freight Rate Outlook

(IN BRIEF) NORDEN has announced the addition of two Capesize newbuilding leases with purchase options, underscoring its confidence in a positive long-term outlook for Capesize freight rates. These vessels, to be constructed in Japan and delivered in 2026 and 2027, … Read the full press release

NORDEN and Spar Shipping take step towards greener shipping with biofuel bunkering

(IN BRIEF) Shipping company NORDEN has bunkered approximately 1,100 tonnes of biofuel in Rotterdam for two voyages to Asia and Africa, in partnership with shipowner Spar Shipping. This marks the first biofuel bunkering for NORDEN on chartered vessels and demonstrates … Read the full press release

NORDEN writes down USD 180 million from the value of its dry cargo fleet

HELLERUP, Danmark, 22-Jan-2016 — /EuropaWire/ — NORDEN writes down the carrying amount of owned dry cargo vessels by USD 180 million and at the same time makes a provision of USD 160 million for losses on long-term chartered dry cargo vessels. … Read the full press release