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Norden scores one of its largest ever shipping contracts

Norden scores one of its largest ever shipping contracts

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Denmark’s Norden has bagged one of its largest shipping contracts in its 145-year history. It has concluded a deal with Enviva to ship 11m tons of wood pellets from the US to Europe over a 15-year period.

The pellets will be used by power firms as fuel

“Enviva is the world’s largest producer of wood pellets and we are proud that they have trusted us to deliver even more of their products to customers across the Atlantic,” said Jan Rindbo, Norden’s ceo.

“The global market for sustainable wood bioenergy is growing as more electric power generating plants convert from coal to wood pellets in order to reduce their lifetime carbon emissions. Our successful collaboration with Enviva has enabled us to play a leading role in this market.”

Norden has had a working relationship with Enviva since 2012.

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Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.

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1 Comment

  1. Gary
    August 18, 2016 at 12:20 am

    A 12-year-old company is signing a 15-year contract with a 145-year-old company to transport 1.4 billion pounds of wood pellets per year.

    Sound improbable.