Denmark’s Norden has firmed up its commitment to the capesize bulker segment through a deal for a pair of newbuildings.
The Hellerup-based shipping giant will take the vessels on charter, with purchase options attached to the contract.
The vessels will be built in Japan, with deliveries set for 2026 and 2027. No further details have been disclosed.
The move is in line with the company’s positive long-term outlook for capesize rates, Norden said.
“This will enhance our ability to serve customers reliably and ensure we remain at the forefront of sustainable and cost-effective shipping against a backdrop of an ageing fleet and historic low orderbook.”
Norden moved into the capesize segment about two years ago. Following the latest deal, the Jan Rindbo-led owner and operator counts 13 owned and leased capes, including seven newbuildings and also operates 10 vessels on short-term charter.
