13/06/2016at 11:31

Norden sells its last Post-Panamax vessels

Bulk and product tanker carrier Norden has another step and will divest its last four Post-Panamax vessels, informs the carrier in a stock exchange announcement. The carrier will book a loss on the sale.

BY JOHANNES HARTKOPF-MIKKELSEN

D/S Norden is selling its last four owned Post-Panamax ships in a deall that triggers a book loss of USD 16 million, writes the carrier in a stock exchange announcement.

Already a subscriber?Log in here

Read the whole article

Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

Access all locked articles
Receive our daily newsletters
Access our app

Get full access for you and your coworkers

Start a free company trial today

Alphabulk: Capesize fleet speeding up
For subscribers
Maersk Line wants to conquer more cargo from specialized carriers
For subscribers
Ardmore buys six MR vessels
For subscribers

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

Front page now

”Simply put, there is too much value at stake by consolidating operations in global supply chains […] to let these stay fragmented,” CEO of Flexport Dave Clark comments. | Foto: Lindsey Wasson/Reuters/Ritzau Scanpix

Logistics

Flexport wants to be global focal point for logistics and forwarding from 2026

Supply chains are messy. A waste of resources calls for consolidation of operations, says new CEO of Flexport.

For subscribers

Carriers

Navigator's new loan includes demand for females in management

For subscribers

Søren Toft is CEO of the box carrier MSC. | Photo: Msc - Pr

Carriers

MSC renames Bolloré company after acquisition

For subscribers

Tanker

Mærsk family's tanker carriers reaped big profits in 2022

For subscribers

Carriers

2022 was a record year for Höegh Autoliners: "Extraordinary"

For subscribers

Offshore

J. Lauritzen becomes co-owner of yet another venturing offshore operator

For subscribers

Flexport wants to be global focal point for logistics and forwarding from 2026

Supply chains are messy. A waste of resources calls for consolidation of operations, says new CEO of Flexport.

For subscribers

Carriers

MSC renames Bolloré company after acquisition

The world’s largest container carrier, MSC, acquired Bolloré Africa Logistics last year. Now, MSC wants to rebrand the subsidiary.

For subscribers

Logistics

Maersk chair on investor criticism: "I get the feeling that ATP also will ask about it next year"

Denmark’s largest pension fund wants greater insight into how Maersk will make money from logistics. There are limitations to transparency, chair says.

For subscribers