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Sale and Purchase Tankers and Gas Europe

Norden sells product tanker after storage boom

Danish shipowner says it sold the 49,962 dwt Nord Andes after 10 months, saying it hoped to be an agile asset trader

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Norden bought the 2011-built product tanker expecting a strong 2020, but the floating storage boom meant the upturn was shorter and steeper than expected

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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