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Tagged in NORDEN

NORDEN adds to Capesize portfolio to meet customer demands

NORDEN acquires four Capesize newbuildings to meet strong demands from customers looking to unlock economies of scale by sizing up to improve efficiencies while lowering emissions.   With the latest investments, adding to the five owned and …
Feb 29, 2024 / Curious

NORDEN strengthens its future supply of renewable fuels

NORDEN has acquired a minority stake in MASH Makes, a Danish-Indian biofuel scale-up, which researches, develops and produces renewable fuels from biomass waste. The investment is a strategic partnership, where NORDEN secures access to renewable …
Aug 2, 2023 / Curious

Peninsula launches bio bunker fuel supply business with delivery to bulk carrier La Luna

Independent marine fuel supplier Peninsula on Monday (3 July) said it completed its first sustainable biofuel delivery to NORDEN’s bulk carrier via ship-to-ship (STS) on 19 June in Gibraltar.  Peninsula’s BIO blend (VLSFO B24) was derived from …
Jul 11, 2023 / Curious

NORDEN acts on asset trading opportunity by ordering dry cargo newbuildings

NORDEN has recently placed a newbuilding order for six dry cargo vessels from Dalian COSCO KHI Ship Engineering Co., Ltd. (DACKS), a joint venture between COSCO Shipping and Kawasaki Heavy Industries, for delivery in the next two to three years. All …
Jun 26, 2023 / Curious

NORDEN to acquire the Thorco Projects business to gain access to new customer segments

NORDEN has entered into an agreement to acquire the Thorco Projects business, providing access to new customers within the general cargo segment such as break bulk, steels and wind energy.  Thorco Projects has in recent years transformed into …
May 29, 2023 / Curious

NORDEN partners with Spar Shipping on use of biofuel

NORDEN, in collaboration with Spar Shipping AS, recently bunkered two chartered vessels with approximately 1100 tonnes of biofuel at GoodFuels in Rotterdam for two separate voyages to Asia and Africa.   This marks the first instance of biofuel …
Apr 5, 2023 / Curious

NORDEN Enters Capesize Segment

In line with NORDEN's strategic plan for 2023-2025 to capitalize on lucrative market opportunities, the company has recently acquired four Capesize vessels through two separate transactions.  The acquisition is intended to enhance NORDEN's …
Apr 1, 2023 / Curious

NORDEN launches carbon-neutral freight transport

NORDEN has launched a 100% carbon-neutral biofuel sailing option for customers looking to decarbonise their supply chains.The biofuel sailing is the first in a range of green freight products to be rolled out to customers this year as part of …
Apr 7, 2022 / Curious

NORDEN expands into port logistics

NORDEN has entered into a new business area of port logistics, signing a major contract with manganese mining company Comilog - a subsidiary of French metallurgical group Eramet extending the relationship with a key customer.Over the 10-year …
Feb 28, 2022 / Vessels

NORDEN capitalises on rising Dry Cargo asset values

NORDEN’s Asset Management division - which handles buying, selling and leasing of dry cargo and product tanker vessels – is capitalising on rising asset values in the dry cargo market through vessel sales.Since the start of the year asset prices for …
Oct 12, 2021 / Curious