ShippingWatch

Norden expands its fleet with two MR tankers

A "significantly stronger" market for crude oil tankers, a low oil price and reduced stockpiles form the basis for Norden's decision to buy two ships, says CEO.

Photo: /Ritzau Scanpix/Lars Krabbe

Shipping company Norden has expended its fleet with two MR product tankers built in 2009, informs the company in a press release Tuesday.

The ships, built in South Korea, have a capacity of 50,000 dwt each, and the acquisition pushes the company's combined tanker fleet to 58 ships, including ships on charter.

Already a subscriber? Log in.

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.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

MPA appoints new CEO

Quah Ley Hoon steps down as CEO of Maritime and Port Authority of Singapore at the beginning of September after around three and a half years on the post.

Further reading

Related articles

Latest news

See all jobs