![International Bulk Journal](https://www.ibj-online.com/images/international-bulk-journal.png)
![Menu](https://www.ibj-online.com/images/showmobnav-bg.png)
(Posted on 12/02/19)
Dampskibsselskabet NORDEN A/S has signed a 10-year Panamax Contract of Affreightment (COA) with Indian utility firm Sembcorp Energy India Ltd.
From 1 April 2019 until 31 March 2029 NORDEN will carry out transportation of steam coal in Panamax shipments totalling 12 million tonnes over the decade.
Demand for energy in India is on the rise in line with the country’s economic expansion. Sembcorp Energy India Ltd is a leading independent power producer in India, which owns and operates two coal fired supercritical power plants near the port of Krishnapatnam in East Coast India.
“With this contract we are proud to have secured a long-term agreement with Sembcorp, and for Sembcorp to trust us in delivering our high level of service over the coming decade, strengthening our already close relationship,” says Jan Rindbo, CEO, NORDEN. “This contract not only allows us to show our commitment to growing our presence in India, but also enables us to position vessels across the load and discharge port regions, where they can be deployed to fulfil other contracts.”
The contract covers transport from various load ports in Indonesia and South Africa to the discharge port of Krishnapatnam in East Coast India.
The voyages will be carried out on both NORDEN owned and chartered vessels
INTERCARGO, the association of dry bulk shipping companies, has released the following statement:&ldquo... Read more
ITOCHU Corporation, ClassNK, Nihon Shipyard Co., Ltd., and Maritime and Port Authority of Singapore (... Read more
The Women's International Shipping & Trading Association UK (WISTA UK) marked its 50th anniversary... Read more
Accidents onboard ships are not decreasing, according to latest accident statistics submitted to the... Read more
Solutions must be in place to help ship owners with navigating the complex challenges of complying with... Read more
Diversity and nurturing talent is high on the agenda for BCS Group – Boers Crew Services as it... Read more
With discussions regarding the IMO’s (International Maritime Organization) Carbon Intensity Indicator... Read more
The Institute of Chartered Shipbrokers (ICS), the professional body for the commercial shipping industry... Read more
Columbia Group and Crowley have signed a strategic cooperation agreement that broadens both companies... Read more
The 2024 edition of The Future of Maritime Safety Report from Inmarsat Maritime, a Viasat company, reveals... Read more