- NORDEN has sold a Supramax and purchased a Japanese-built Panamax to optimize its fleet.
- The new Panamax is an 85,000 dwt wide-beam vessel with high grain capacity and shallow draft.
- Scheduled to join in September 2025, the vessel ensures efficient cargo handling and port access.
- These fleet adjustments support NORDEN’s strategy to meet specific market demands and maintain reliable transport services.
NORDEN has expanded its fleet with strategic vessel transactions, including the sale of a Supramax and the acquisition of a Japanese-built Panamax. These moves highlight the company’s focus on aligning its fleet with market demands and operational efficiency, according to the report published by NORDEN.
The newly purchased Panamax, built in 2017, is an 85,000 dwt wide-beam vessel designed for high grain loading capacity while maintaining a shallow draft. This combination allows the vessel to optimise cargo intake without restricting access to ports with depth limitations. Scheduled to join the fleet in September 2025, the vessel supports NORDEN’s strategy of tailoring fleet composition to meet specific cargo requirements and ensure consistent, reliable transport solutions for customers worldwide.
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Source: NORDEN