XINDE MARINE NEWS
NORDEN sells two MR tankers and declares a purchase option NORDEN 2025-06-04 16:41


As a continuation of strategy to realise asset values, NORDEN is pleased to confirm that they have sold two additional vessels. Both vessels are MR tankers and became part of NORDEN’s owned fleet in Q2 2025, following the declaration of the related purchase options at the end of 2024. This brings the total number of sold vessels to 14 year-to-date, of which eight were from declared purchase options.
 
In addition, they have also declared a purchase option on a MR tanker that will join NORDEN’s fleet of owned vessels in Q4 2025.
 
Furthermore, NORDEN continues to execute on the announced share buy-back programme and 61,900 shares have been acquired at an average price of DKK 197 per share from the initiation in early May up until 23 May 2025.

source: NORDEN

The opinions expressed herein are the author's and not necessarily those of The Xinde Marine News.

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