Port of Vancouver USATOC EventsTBA GroupCleveland Cascades LtdPort of South LouisianaPort of Stockton
  • Port of South Louisiana
  • Port of Stockton
  • TOC Events
  • TBA Group
  • Port of Vancouver USA
  • The Wolfson Centre for Bulk Solids Handling Technology

NORDEN signs long-term contracts

NORDEN signs long-term contracts

(Posted on 19/08/19)

NORDEN has contracted with Enviva to transport 1.3-1.5 million metric tons of wood pellets from the United States to Europe over a 6-year period. The Contract of Affreightment (CoA), which runs from 2021 to 2026, builds on NORDEN’s long-term collaboration with Enviva, which began in 2012 and expands the co-operation between the 2 companies.

“With Enviva being the world’s largest producer of wood pellets, we are delighted to further cement our good relationship and proud to be entrusted to once again deliver even more Enviva products to their customers across the Atlantic,” says NORDEN CEO Jan Rindbo.

With the new contract, NORDEN now holds a number of long-running contracts with Enviva for the transportation of wood pellets across the Atlantic, all of which are carried out on Supramax vessels.

Jan Rindbo adds, “Our collaboration with Enviva has enabled us to play a leading role in the fast-growing market for sustainable wood bioenergy, as an increasing number of electric power generating plants convert from coal to wood pellets in order to reduce their lifetime carbon emissions.”  

NORDEN has also been awarded a 3-year contract with a power company in Hong Kong for the transportation of coal from Indonesia to Hong Kong.

The CoA, which runs from 1 January 2020 to 31 December 2022, will see NORDEN ship around 1.3 million tonnes of coal per year on Panamax vessels, an estimated 17-20 cargoes annually. Most of the volume loading will take place in Indonesia and the vessels will discharge into the Hong Kong power company’s coal terminal.

The power firm has been a good supporter to NORDEN over the years on both shorter running contracts (spot) and long-running CoAs.

“This is an attractive CoA for us as it increases our existing Panamax South East Asia presence and I would like to thank the company for their continued trust in NORDEN, allowing us to further build on our good business relationship” says Jan Rindbo in comment to the newly signed contract”.

Latest News

Chevron keeps ships sailing amid VLSFO challenges

(Posted on 19/01/21)

Chevron Marine Lubricants has helped ship owner customers identify and manage a distinctive engine condition... Read more


Coles to leave Wallem

(Posted on 19/01/21)

The board of Wallem Group have announced that Chief Executive Frank Coles has resigned and will be leaving... Read more


Seanergy announces $179m restructuring

(Posted on 14/01/21)

Seanergy Maritime Holdings Corp. has announced that it has reached final agreements with certain of... Read more


IOMSR seafarer welfare app goes live

(Posted on 14/01/21)

The Isle of Man Ship Registry has formally launched the first ever seafarer welfare app designed by... Read more


DNV GL to change name to DNV

(Posted on 13/01/21)

DNV GL, the assurance and risk management company, will change its name to DNV on 1 March 2021. The... Read more


Yxney Maritime and Inmarsat agreement

(Posted on 10/01/21)

Norwegian-based scale-up Yxney Maritime and Inmarsat, the world leader in global, mobile satellite communications... Read more


ClassNK advises early BWMS installation

(Posted on 10/01/21)

Leading Classification Society ClassNK has been analyzing the retrofitting status of ballast water management... Read more


Cybersecurity to remain a threat in 2021

(Posted on 05/01/21)

The maritime industry will remain a target of cyber-criminals in 2021 and the world’s shipping... Read more


IOMSR appoints China representative

(Posted on 05/01/21)

The Isle of Man Ship Registry (IOMSR) has appointed its first permanent representative in China.Well... Read more


First shipment at Khalifa Port’s South Quay

(Posted on 28/12/20)

The first shipment, carrying bauxite, destined for Emirates Global Aluminium (EGA)’s Al Taweelah... Read more


The Wolfson Centre for Bulk Solids Handling Technology Bühler GmbHCimbriaTelestackSailors SocietyVigan
  • Bühler GmbH
  • Vigan
  • Sailors Society

Subscribe to our newsletter

Keep up to date with the latest global news in bulk cargo handling and shipping