Norden sells tanker pair, acquires two bulkers

Photo: Norden

Danish shipowner Norden has sold the MR tanker Nord Pearl and the Handysize tanker Nord Butterfly to unnamed buyers.

The company has also purchased two secondhand dry bulk carriers – one Supramax vessel to be delivered later this month and a Kamsarmax to be delivered in April 2021.

Norden claims the transactions are in line with the shifting of its exposure from the tanker segment to dry cargo in response to current market conditions.

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