ShippingWatch

Norden orders four dry bulk newbuilds

Tanker and dry bulk shipping company Norden orders four dry bulk newbuilds from a Chinese yard to be delivered in 2022. The purchase follows a period in which Norden has divested its owned fleet, but according to the CEO, prices are now so low that it is the right time to buy.

Photo: Lars Krabbe/ERH

Danish tanker and dry bulk shipping company Norden orders four dry bulk newbuilds from Chinese shipyard Nantong Cosco Khi Ship Engineering, informs Norden in a press release.

The order concerns four 61,000-dwt ultramaxes, slated for delivery in 2022.

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