Denmark’s Norden has revealed new activity in the sale-and-purchase market with two transactions closed in the dry and wet segments, continuing a wave of disposals tied to its purchase-option strategy.
The Copenhagen-listed company has offloaded one supramax bulk carrier and one MR tanker for an undisclosed sum.
No further details have been disclosed about the vessels that Norden brought into its owned fleet after declaring purchase options.
The move aligns with Norden’s ongoing approach to unlock asset value amid favourable market conditions, the Jan Rindbo-led owner and operator said.
The strategy has been evident throughout 2025, with Norden having now sold 16 ships this year, 10 of which were tied directly to purchase-option conversions. Last month, the company turned a profit by selling two MRs shortly after exercising purchase options on the leased assets.
Following the latest transactions, Norden’s fleet now includes 15 owned ships and 80 leased vessels with purchase options in place.