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NORDEN A/S sells Post-Panamax vessel Nord Dorado
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.
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