(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 →
Posted in Business, Denmark, Energy, Gas & Oil, Industrial, Investment, Management, News, Technology, Transportation & Logistics
Tagged asset markets, breakbulk transport, Capesize vessel, capital allocation, fleet optimisation, maritime leasing, MPP newbuilds, MR tanker, multi-purpose vessels, NORDEN, Norden Realises Asset Value Through Fleet Sales While Expanding Project Cargo Capabilities, project cargo, share buy-back programme, shipping industry, vessel sales
(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 →
Posted in Business, Denmark, Financial, Industrial, Investment, Management, Marketing, News, Technology, Transportation & Logistics
Tagged 2025, 690180 shares, asset strategy, charter agreements, DKK 185, fleet management, fleet optimization, Handysize, long-term leases, maritime, newbuildings, NORDEN, owned vessels, purchase options, share buy-back, Shareholder Value, ship divestment, shipping, time-charter, Ultramax, vessel sales
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