Norden makes plenty of cape plays

Norden has flipped its first cape after entering the segment in March last year while quietly adding its first two 209,000 dwt newcastlemaxes.  Broking sources tell Splash that the Danish mammoth has sold the scrubber-fitted Nord Ferrum, a 180,000 dwt workhorse built in 2011, for $34m. No taker has been revealed. The bulker was added as …

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