Danish shipping giant Norden has decided to increase its multi-purpose (MPP) fleet by signing newbuilding leases with purchase options for two vessels.
These two vessels are options to the recently signed deals for two identical vessels set to deliver in 2026. This latest pair of 17,500 dwt vessels is expected to be delivered in 2026 and 2027.
All vessels are fuel-efficient, biofuel compatible and feature the same forward-bridge design as the company’s earlier units.
The Jan Rindbo-led owner and operator said that these recent additions to the fleet reinforce its commitment to building a core MPP fleet and growing its presence in the project cargo market, which benefits from a strong projected demand outlook coupled with a rapidly ageing fleet and low orderbook.
Since entering the segment in 2023, Norden has expanded to around 50 vessels, transporting windmill components, industrial equipment, and break-bulk cargo.
The projects and parcelling segment is a part of Norden’s ocean-based global freight service for dry and liquid bulk cargo of all sizes, spanning over 400 vessels in total.
