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Norden orders four NACKS ultramaxes

Norden has put pen to paper for four ultramaxes to be built at Nantong Cosco KHI Ship Engineering Co (NACKS). The 61,000 dwt ships will deliver in 2022. Norden CEO Jan Rindbo said today the newbuilding decision is in line with the company’s strategy of agile asset trading and active management of Norden’s cyclical market …

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