NORDEN acts on drycargo asset opportunities

NORDEN has added 2 vessels to the existing newbuilding contract with Nantong Cosco Khi Ship Engineering Co. (“NACKS”), taking the total order to 6 vessels. Of this order, NORDEN has already sold 2 vessels on sale and lease back terms, subject to final completion of terms, thereby freeing up liquidity and acting on attractive charter rates while securing good optionality from period and purchase options.NORDEN has added 2 vessels to the existing newbuilding contract with Nantong Cosco Khi Ship Engineering Co. (“NACKS”), taking the total order to 6 vessels. Of this order, NORDEN has already sold 2 vessels on sale and lease back terms, subject to final completion of terms, thereby freeing up liquidity and acting on attractive charter rates while securing good optionality from period and purchase options.Read More

Print Friendly, PDF & Email
Follow by Email