11-06-2016

Norden Sells 4 Post-Panamax Bulk Carriers

NORDEN

Further tightening its ownership focus within the dry cargo segment to medium-sized Supramax and Panamax vessels, Dampskibsselskabet NORDEN A/S has sold its final four Post-Panamax bulk carriers.

Following the sale, which involved Nord Delphinus (114,167 tdw built in 2010), Nord Dorado (114,167 tdw built in 2010), Nord Pisces (114,167 tdw built in 2010) and Nord Pyxis (114,500 tdw built in 2010), Norden no longer owns Post-Panamax vessels, but still operates four chartered vessels of this vessel type.

Norden said proceeds from the sale will be reinvested in Supramax and Panamax vessels.

Source: Marine Line

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