NORDEN has completed the sale of two vessels from its owned fleet, including one MR tanker and one Capesize vessel, continuing to realise strong asset values amid favourable market conditions across both the dry cargo and tanker segments.
In line with its strategy to expand its footprint in the project cargo market, the company has also added two new Multi-Purpose (MPP) newbuilding leases with purchase options. The vessels are scheduled for delivery in 2028 and will support the transportation of specialised cargoes such as breakbulk and project cargo, alongside traditional dry bulk commodities.
The MPP segment is currently benefiting from positive supply fundamentals, driven by an ageing global fleet and a limited orderbook, combined with a robust demand outlook. These new additions are expected to further enhance service capabilities for customers requiring flexible and specialised shipping solutions.
In parallel, NORDEN continues to execute its previously announced share buy-back programme. From its launch at the end of October through 30 December 2025, a total of 170,500 shares were repurchased at an average price of DKK 249 per share.
The latest fleet and capital management moves reflect NORDEN’s ongoing focus on portfolio optimisation, market responsiveness, and long-term value creation.
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