NORDEN has signed agreements for two additional 17,500 dwt Multi-purpose (MPP) newbuilding leases with purchase options, with expected deliveries in 2026 and 2027.

These follow the recent addition of two similar vessels, reinforcing our commitment to building a core MPP fleet and growing our presence in the project cargo market, which benefits from a strong projected demand outlook coupled with a rapidly ageing fleet and low orderbook. Both vessels are fuel-efficient, biofuel compatible and feature the same forward-bridge design as our earlier units, optimising space capacity to complex cargo needs.

Since entering the segment in 2023, NORDEN has expanded to around 50 vessels, transporting windmill components, industrial equipment and break-bulk cargo.

The Projects & Parceling segment is a part of NORDEN’s ocean-based global freight service for dry and liquid bulk cargo of all sizes, spanning over 400 vessels in total.