Norden has ordered four ultramax bulker newbuildings from a yard in China.
The 61,000-dwt vessels are expected to be delivered to the Danish shipowner-operator in 2022 and will be built at Nantong Cosco KHI Ship Engineering (Nacks), which is a joint venture between China Cosco Shipping Corp and Kawasaki Heavy Industries of Japan.
Norden chief executive Jan Rindbo said the newbuilding contract is in line with the company's strategy of "agile" asset trading.
