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
DNV to lead ammonia safety study in Singapore
(Posted on 28/01/22)DNV has been selected to lead an ammonia bunkering safety study by the Global Centre for Maritime Decarbonisation... Read more
New school provides seafarers’ children with safe space to learn
(Posted on 28/01/22)Hundreds of Filipino pupils will no longer have to be taught in shacks and tents, thanks to a new storm... Read more
Mersey Maritime launches ‘Innovating Maritime’ project
(Posted on 28/01/22)Regional cluster organisation, Mersey Maritime, is launching a new service to its North West maritime... Read more
New ICS guide helps seafarers navigate digital bridge
(Posted on 20/01/22)The newly launched edition of the Bridge Procedures Guide from the International Chamber of Shipping... Read more
One Sea appointment advances autonomous ship rule agenda
(Posted on 20/01/22)One Sea, the high-profile ecosystem leading the way towards an operating autonomous maritime ecosystem... Read more
North makes key fixed premium P&I appointments
(Posted on 20/01/22)Global marine insurer North has reinforced its strategy for premium diversification with two major additions... Read more
Singapore still leading maritime city
(Posted on 15/01/22)The 2022 edition of the Leading Maritime Cities (LMC) report has been launched at an event hosted by... Read more
DNV Conference shows collaboration is shipping’s fuel of future
(Posted on 15/01/22)Participants from across the maritime value chain have participated in the DNV Conference – The... Read more
CCS appoints new president
(Posted on 08/01/22)China Classification Society has announced the appointment of a new President and vice president. Founded... Read more
New Sea Change Fund for seafarers in crisis
(Posted on 08/01/22)Maritime charity Sailors’ Society has launched a new fund to provide urgent welfare grants for... Read more
