Dry Cargo Market Collapse Affects Norden's Earnings in Q1

norden-1

Norden closed Q1 2019 with a net loss, impacted by a decline in the dry cargo market.

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Norden Offloads Bulker Quartet

norden

Norden disposed of four dry cargo vessels in the past few weeks. 

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Denmark's NORDEN Expanding to Africa

NORDEN Africa expansion

The company said it would focus on industrial bulk port logistics projects.

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Norden Selected for Long-Term Indian Contract

nord-pluto

Norden inks a ten-year Panamax contract of affreightment (COA) with Sembcorp Energy India.

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Norden Trials Biofuel as Alternative to LSFO

Tanker

Norden has tested out the potential of biofuel on one of its Handysize product tankers.

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Norden Strengthens Fleet with MR Pair

Tanker

Norden boosts MR ranks ahead of anticipated market recovery.

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Robots Are Coming – to Clean Cargo Holds

Shipping

Norden: Robots could soon take over the process of cleaning cargo holds of dry bulk vessels.

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Tanker Woes Overshadow Healthy Dry Cargo Market

Nord Pluto

Danish shipping company Norden books a loss of USD 12 million in Q3.

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Norden Signs Scrubber Installation Deal with Besiktas

Bulker

Norden has signed an agreement for scrubber installations with Turkey's Besiktas Shipyard.

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Norden Chooses Scrubbers for Up to 31 Vessels

Bulker

Norden unveiled its intentions to install scrubbers on up to 31 owned and chartered vessels.

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Another 11 Ships to Fly the Danish Flag

Danish flag

Danish shipping registries will soon expand with another 11 vessels which are set to fly the Danish flag.

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Norden in Fleet Optimization Mode

Norden bulker

Norden continued to overhaul its fleet during Q1 with several sales and purchase deals reported.

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Report: Norden Buys Two Secondhand Tankers

Norden vessel

Dampskibsselskabet Norden has expanded its fleet with two MR2 tankers, according to VesselsValue.

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Norden Sees First Positive Result in 5 Years

Norden returned to black in 2017 driven by a strong performance in the fourth quarter of the year.

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Norden Raises Expectations for 2017

Norden has raised its expectations for the adjusted results for 2017 to USD 20 to 35 million.

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Norden Ships to Work for Empremar for 10 More Years

From 2020 to 2029, Norden’s Supramax vessels will be carrying road salt from Chile as the Danish shipping ...

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Norden Cuts 2017 Outlook

Danish shipping company Dampskibsselskabet Norden A/S has trimmed down its expectations for the adjusted results ...

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Norden Acquires One More MR

Danish shipping company Dampskibsselskabet Norden A/S revealed it has bought a 2010-built MR product tanker.  The ...

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Norden Adds MR Product Tanker

Danish shipping company Dampskibsselskabet Norden A/S (Norden) has purchased a 2009-built MR product tanker with a ...

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Tanker Activities Push Norden to Profit

Danish shipping company Dampskibsselskabet Norden A/S has reported its adjusted result for the first quarter of ...

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Norden Hires Two More MRs

Danish shipping company Dampskibsselskabet Norden A/S has entered into an agreement on long-term chartering of two ...

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