ANGLO SAXON

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Failure of stern propulsion system

The "Anglo Saxon" suffered a failure of the astern propulsion and the steering system while berthing at Neptune Terminal No. 1 berth, North Vancouver, British Columbia, in position 49 18.222 N, 123 03.306 W, on Sep 2, 2018, at 4.50 p.m. The vessel's forward momentum was stopped by the assisting tug. It sailed again on Sep 8, bound to Panama.

Sold

SOLD FOR ABT US $11.5 MIL TO SWISSMARINE

NORDEN A/S sells Post-Panamax vessel Nord Pisces

With the sale of 4 Post-Panamax vessels, Dampskibsselskabet NORDEN A/S has taken another step in the implementation of the strategy Focus & Simplicity, which means that the Company is focusing its ownership in the dry cargo segment on the medium-sized vessel types Supramax and Panamax. The sale involves the Post-Panamax vessels: – NORD DELPHINUS (114,167 tdw built in 2010) – NORD DORADO (114,167 tdw built in 2010) – NORD PISCES (114,167 tdw built in 2010) – NORD PYXIS (114,500 tdw built in 2010) The proceeds from the sale will be reinvested in Supramax and Panamax vessels. Following the sale, NORDEN does no longer own Post-Panamax vessels, but still operates 4 chartered vessels of this vessel type.