NORDEN sells two additional vessels
(Posted on 02/07/25)
NORDEN has announced that they have sold two additional vessels, one Supramax bulk carrier and one MR tanker. The Supramax vessel is a recently declared purchase option which subsequently has been sold. The MR tanker became part of NORDEN’s owned fleet in May 2025, following the declaration of the related purchase option at the end of 2024.
Founded in 1871, NORDEN is one of Denmark’s oldest internationally operating shipping companies, with 18 offices across six continents.
This brings the total number of sold vessels to 16 year-to-date, of which 10 were from declared purchase options - in line with our strategy to realise asset values to capitalise on continued high ship prices. Following these transactions, NORDEN controls a fleet of 15 owned and 80 leased vessels with purchase options.
NORDEN continues to execute on the announced share buy-back programme and 122,800 shares have been acquired at an average price of DKK 203 per share from the initiation in early May up until 26 June 2025.
Latest News
ISS strengthens presence in South America
(Posted on 14/01/26)Inchcape Shipping Services (ISS), a global leader in port agency and marine services, has announced... Read more
NORDEN sells two vessels and adds new leases with purchase options
(Posted on 14/01/26)NORDEN have confirm that they have sold two vessels from their owned fleet, one Capesize vessel and... Read more
Pacific Basin announces acquisition of four Handysize newbuildings
(Posted on 06/01/26)Pacific Basin Shipping Limited, one of the world’s leading dry bulk shipping companies, has entered... Read more
AtoB@C Shipping takes delivery of Fleximar
(Posted on 23/12/25)AtoB@C Shipping, a subsidiary of ESL Shipping, has announced the successful delivery of Fleximar, the... Read more
Western Bulk re-enters ship ownership with selected partners
(Posted on 18/12/25)Western Bulk, together with reputable Norwegian partners A/S J. Ludwig Mowinckels Rederi, Premium Maritime... Read more
Pacific Basin announces formation of a Sustainable Energy Solutions team
(Posted on 18/12/25)Pacific Basin Shipping Limited, one of the world’s leading dry bulk shipping companies, has announced... Read more
Columbia expects significant growth as more owners shift operations to the UAE
(Posted on 09/12/25)Columbia Group anticipates a period of strong expansion as an increasing number of international shipowners... Read more
Norse Ship Management emerges as digital leader among new-generation ship managers
(Posted on 09/12/25)Norse?Ship Management has expanded its use of Smart Ship Hub’s high frequency sensor data and... Read more
Maritime health experts welcome STCW amendments, but urge against checkbox compliance
(Posted on 09/12/25)As the maritime industry gears up to welcome the IMO’s STCW bullying and harassment training amendments... Read more
NORDEN acquires Southern African cargo activities of Taylor Maritime
(Posted on 02/12/25)NORDEN has acquired the cargo activities of Taylor Maritime in Southern Africa (previously operated... Read more
