Tag Archives: purchase options

NORDEN Advances Asset Strategy with Sale of Two More Vessels and Ongoing Share Buy-Back

(IN BRIEF) NORDEN has sold two more vessels—an Ultramax and a Handysize—through exercised purchase options, marking a continued effort to realise asset value. This brings its total vessel sales in 2025 to ten, including seven from its active fleet and … Read the full press release

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