Wednesday, March 2, 2016
News

Norden Says More Scrapping Needed to Restore Balance

COPENHAGEN, March 2 (Reuters) – Danish shipping company D/S Norden said the dry cargo market reached its lowest point last year and will not recover this year under the weight...

March 2, 2016
Total Views: 5

Monday, December 28, 2015
Maritime News

Norden Sells Capesize Bulker at $12 Million Loss

Danish shipping company Norden says it has sold a 10 year old capesize bulk carrier for a loss, allowing the company to focus more on smaller vessel types that are...

December 28, 2015
Total Views: 23

Monday, September 21, 2015
Maritime News

Norden Trims Focus: Danish Owner Plans Exit from Capesize and Post-Panamax Vessel Segments

  By Ole Mikkelsen COPENHAGEN, Sept 21 (Reuters) – Danish shipping company D/S Norden plans to cut the number of vessel types it operates to help it through a long-depressed...

September 21, 2015
Total Views: 4

Tuesday, June 16, 2015
Maritime News

Lloyd’s Register Bags Entire Norden Fleet

A total of 32 ships will be transferred to Lloyd’s Register class as part of new agreement that covers a total of 57 ships including the entire fleet of Danish...

June 16, 2015
Total Views: 5

Thursday, May 21, 2015
News

Grounded Norden Bulker Blocks Busy South American Waterway

Pigs in China and bakers in Brazil will have to wait as Argentine exports from soybeans to wheat are delayed by the closing of the Parana River’s main channel.

May 21, 2015
Total Views: 8

Tuesday, May 12, 2015
norden
Maritime News

D/S Norden’s Shares Jump 9 Percent as Profits Top Forecasts

Danish shipping company D/S Norden beat first-quarter operating profit forecasts on Tuesday, boosting its shares by as much as 9 percent.

May 12, 2015
Total Views: 2

Thursday, February 19, 2015
norden
Maritime News

Norden Renegotiates Charter Contracts Amid Horrific Dry Bulk Market

Danish shipping company D/S Norden has renegotiated charter agreements for nine vessels with their Japanese owners in reaction to record low dry bulk freight rates.

February 19, 2015
Total Views: 1

Thursday, October 30, 2014
jan rindbo norden ceo
Maritime News

NORDEN Recruits Jan Rindbo for Top Role

40-year-0ld Jan Rindbo has resigned from his post today as Chief Operating Officer at Pacific Basin Shipping, one of the world’s largest dry cargo shippers.  He will be assuming the...

October 30, 2014
Total Views: 5

Tuesday, June 17, 2014
carsten mortensen
Maritime News

NORDEN Chief Quits, Joins BW Group as CEO

After nearly a decade as the head of dry bulk shipping and product tanker firm NORDEN A/S, Carsten Mortensen submitted his resignation papers today and announced he will be relieving Andreas...

June 17, 2014
Total Views: 6

Tuesday, August 13, 2013
Golden Zhejiang knightsbridge
News

Ship Values Rebounding Most Since 2010 as Norden Rallies

Aug. 13 (Bloomberg) — The biggest advance since 2010 in the price of secondhand commodity carriers is boosting ship owners from Golden Ocean Group Ltd. to D/S Norden A/S on...

August 13, 2013
Total Views: 2

Monday, May 20, 2013
norden logo
Finance

Norden Bets on Ship Rally After Worst Market Since ’02

(Bloomberg) — D/S Norden A/S, Europe’s biggest owner of ships hauling iron ore and coal, is making its first bet in three years that rates for Panamax vessels will rally...

May 20, 2013
Total Views: 4

Wednesday, May 15, 2013
norden logo
News

Norden Orders 17 New Eco-Ships

Since the first of January, Danish tramp shipper Norden has been executing a significant growth plan focused on both the dry bulk and clean product tanker markets.

May 15, 2013
Total Views: 11

Thursday, March 21, 2013
circassia frontline tankers crude oil tanker
News

VLCC Market Rises on Greater Japanese Demand, Owners Still Struggling to Survive

By Jonathan Saul LONDON, March 21 (Reuters) – Crude oil tanker earnings on the major Middle East route rose on Thursday, helped by firmer bookings, although the outlook remained pressured...

March 21, 2013
Total Views: 2

norden
Interesting

Norden Captain: “Hey Look, No Engines!”

Nord Integrity Captain Cut the Power and Drifted for Days to Save Fuel By Isaac Arnsdo (Bloomberg) — A tanker owned by D/S Norden A/S, Europe’s biggest commodity-shipping company, saved...

March 21, 2013
Total Views: 7

Wednesday, March 6, 2013
norden logo
Finance

Danish Shipper Norden Just Barely Makes a Fourth Quarter Profit

COPENHAGEN, March 6 (Reuters) – Danish shipping company Norden on Wednesday reported a slim fourth quarter operating profit but said it expected markets to remain challenging in 2013. The company...

March 6, 2013
Total Views: 0

Tuesday, January 8, 2013
norden panamax dry cargo deck grab coal
News

Norden Positioned to Capitalize on Lower Dry Bulk Freight Rates

D/S Norden AS, Europe’s biggest commodity-shipping company, is betting that transport rates will continue to slump this year, a wager that will help it return to profit after posting the...

January 8, 2013
Total Views: 0

Tuesday, August 21, 2012
News

Nordon’s Fleet of Handymax Bulkers are Outperforming Ships Twice their Size [REPORT]

(Bloomberg) — D/S Norden A/S, Europe’s biggest commodity shipping company, is poised for a second consecutive quarterly profit after concluding that smaller vessels would earn more than larger ones as...

August 21, 2012
Total Views: 19