Sembcorp selects NORDEN for long-term contract
(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
Latest News
EuroDry look to “sizable returns”
(Posted on 14/02/20)EuroDry Ltd, an owner and operator of dry bulk vessels and provider of seaborne transportation for drybulk... Read more
Norvic names Fenger as COO
(Posted on 14/02/20)Norvic Shipping has announced that its Board ofDirectors has appointed Michael Fenger as ChiefOperating... Read more
Damen unveils BWPF
(Posted on 13/02/20)Damen Shipyards Group has unveiled a Ballast Water Pre Filtration Barge (BWPF) to assist vessels in... Read more
ClassNK grants AiP to Kawasaki
(Posted on 13/02/20)Leading Classification Society ClassNK granted an Approval in Principle (AiP) based on its Rule Part... Read more
Survitec certified by DNV GL
(Posted on 13/02/20)Survitec’s Marine Training Academy in Stonehaven, Scotland, has been certified as a recognised... Read more
Sulphur regs going smoothly, but plan ahead
(Posted on 02/02/20)The transition to low sulphur fuels has so far been smooth, thanks to the efforts of shipping industry... Read more
Flowsafe’s crew health solution
(Posted on 02/02/20)Flow Water Technologies has reported a marked increase in interest in its FlowSafe DCD 2000 Disinfectant... Read more
Bulker hybrid first for Wärtsilä
(Posted on 31/01/20)The technology group Wärtsilä has been selected to provide the complete system design and... Read more
Seafarer coronavirus case in Singapore
(Posted on 31/01/20)The Maritime Port Authority of Singapore has reported that on 29 January 2020, there was a confirmed... Read more
Seafarers’ chaplain honoured for 50 years of service
(Posted on 31/01/20)“One in a million” chaplain Rev Bill McCrea has been honoured by Southampton-based international... Read more
