In line with our strategy to realise asset values, we are pleased to announce that we have sold two additional vessels – one Ultramax and one Handysize vessel. Both vessels were declared purchase options.
Year-to-date, we have sold in total seven vessels from the active fleet and three newbuildings that have been sold to new owners before delivery, but will be leased back on time-charter with purchase options.
Following these transactions, NORDEN’s asset portfolio will consist of 20 owned vessels and 79 long-term leases with purchase options, 37 of which can be declared before the end of 2025.
Furthermore, 690,180 shares have been acquired at an average price of DKK 185 per share from the initiation of the announced share buy-back programme in early February up until 8 April 2025.