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Published 20.01.2010

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Dampskibsselskabet "Norden" A/

NORDEN has agreed to purchase 3 modern MR product tankers at a total price of approximately USD 79 million (approximately DKK 410 million). The vessels are expected to be delivered from the current Turkish owner to NORDEN during March/April 2010.

The 3 vessels are:

M/T Gan-Sabre of 51,228 dwt from January 2008 – will be renamed to NORD SOUND
M/T Gan-Shield of 51,213 dwt from January 2007 – will be renamed to NORD SEA
M/T Gan-Spirit of 51,202 dwt from October 2007 – will be renamed to NORD STRAIT
The 3 vessels were built at STX Shipbuilding in Korea and have a capacity of approximately 53,500 cubic metres.