Norden records COA with Qatar Vinyl Company

Norden records COA with Qatar Vinyl Company

Danish owner Norden has signed a three-year contract of affreightment (COA) with Qatari chemical firm Qatar Vinyl Company to transport salt from the west coast of India to Qatar.

The contract will commence in the second quarter and will entail the shipment of approximately 500,000 tons annually. Shipments will be carried out about once a month using supramax vessels.

“We are proud to secure this long-term agreement with Qatar Vinyl Company. The contract increases our flow of tonnage into the Arabian Gulf, which allows us to further grow our activities in the region, in line with our continued growth plans,” said Jan Rindbo, Norden’s CEO.

“With the agreement, we are growing our presence in the Middle Eastern region, enabling us to position vessels across the load and discharge port regions, where they can be deployed to fulfil other contracts. This will increase the efficiency and contribute to smarter global trade in line with the overall purpose of Norden,” added Adam Nielsen, head of industrial bulk at Norden.

Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.

Related Posts