Denmark’s Norden is looking to offload its larger bulker carriers and focus on handies and panamaxes. In an interview with Reuters, Jan Rindbo, who took over the running of the company in April, said he was looking to exit the capesize and post-panamax sectors. Norden has three capes and eight post-panamaxes in its fleet of approximately 250 vessels.
“We aim to be stronger in areas where we already hold a solid position,” Rindbo, who used to be COO at Hong Kong’s Pacific Basin, told the newswire.