Denmark’s Norden, a shipping company known for its ocean-based freight services for bulk and project cargo of all sizes, remains active in the sale-and-purchase arena, recently finalising the sale of an additional vessel.

Norden has declared a panamax purchase option and subsequently completed the sale of the vessel.

As it is reported, the delivery is expected to take place in the first quarter of 2026. The company didn’t disclose the name of the vessel or any financial details.

In a statement the company said, “We are pleased to announce that we have declared a Panamax purchase option and subsequently sold the vessel. Delivery is expected to take place in Q1 2026.

“Furthermore, we continue to execute on the announced share buy-back programme and 164,100 shares have been acquired at an average price of DKK 233 per share from the initiation in mid-August up until 26 September 2025.”

Founded in 1871, Norden is one of Denmark’s oldest internationally operating shipping companies, with offices across six continents.