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Wednesday, June 18, 2025
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Home Dry Bulk Shipping News

Norden seals double bulker sale

April 14, 2025
in Dry Bulk Shipping News
Norden seals double bulker sale
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Danish owner and operator Norden has closed two additional asset plays with fresh sales in the dry bulk market.
The Jan Rindbo-led shipping giant has offloaded an unnamed ultramax and one handysize after taking purchase options on the vessels.
No further details were disclosed about the transactions that followed five other recently disclosed sales.
In March, the Hellerup-based company divulged divestments of two kamsarmax bulkers and one ultramax, on which purchase options were declared, one MR tanker from its owned fleet, and closed a sale and leaseback on one of its ultramax newbuildings delivering at the end of 2025.
Norden has sold seven ships and closed three newbuilding sale and leasebacks with purchase options attached year-to-date.
The latest move leaves the company with 20 owned ships and 79 on long-term charters, on which 37 purchase options can be exercised this year.
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