Port News

Norden adds two more ultramaxes at NACKS

Denmark’s Norden has added two more ultramaxes to its series under construction at Nantong Cosco KHI Ship Engineering (NACKS) taking its tally at the yard to six. Norden has already sold two vessels on sale and leaseback terms, subject to final completion of terms, freeing up liquidity. Furthermore, the shipowner has bought a secondhand 2014-built …

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