Norden has bought a secondhand Supramax bulk carrier from an unnamed owner.
The vessel was built at Nantong Cosco KHI Ship Engineering (NACKS) in China in 2014 and is scheduled to join the new owner's fleet in September.
Further, Norden has added two vessels to the existing newbuilding contract with NACKS, taking the total order to six vessels. Of this order, the company has already sold two vessels on sale and lease-back terms, subject to final completion of terms.