Norden retains an appetite for tanker fleet expansion following an active period for the company.
Copenhagen-listed Norden has bought two medium range products tankers this summer, marking its first dip into the sale-and-purchase market this year.
At the same time, Norden has been active in the charter market in taking in additional tonnage.
Jan Rindbo, chief executive of Norden, wrote in the company magazine: “When the price of vessel capacity decreases, as we have experienced recently, Norden is ready to act.
