Copenhagen-listed Norden made the switch as it adjusted its orderbook in the face of a difficult dry cargo market.
The first of the outgoing vessels is for delivery this year, with the other two set to arrive in 2016 and 2017. The newbuildings, which came at a cheaper price, are for 2018 and 2019 delivery.
Jan Rindbo, chief executive of Norden, told TradeWinds: “What we are doing is pushing out our newbuilding pogramme.
