NORDEN has completed the sale of two vessels from its owned fleet, comprising one MR tanker and one Capesize vessel, as the company continues to capitalise on strong asset market conditions across both the dry cargo and tanker segments.
The transactions align with NORDEN’s strategy of realising attractive asset values while maintaining flexibility in fleet deployment amid favourable market dynamics.
As part of its ongoing growth strategy, the company has also added two multi-purpose (MPP) newbuilding leases with purchase options, with delivery scheduled for 2028. The move supports NORDEN’s ambition to strengthen its presence in the project cargo market, which is benefiting from supportive supply fundamentals driven by an ageing global fleet, a low orderbook, and a solid demand outlook.
The new MPP vessels are expected to enhance NORDEN’s ability to serve customers transporting specialised cargoes such as breakbulk and project cargo, alongside traditional dry bulk commodities.
In addition, the company continues to execute its previously announced share buy-back programme. From its initiation in late October through 30 December 2025, NORDEN has acquired 170,500 shares at an average price of DKK 249 per share.
Together, the asset sales, fleet additions, and capital return initiatives reflect NORDEN’s disciplined approach to value creation and long-term strategic positioning.
