NORDEN Inks Long-Term Contracts

August 15, 2019

Photo: NORDEN
Photo: NORDEN

NORDEN  contracted with Enviva to transport 1.3-1.5 million metric tons of wood pellets from the US to Europe over a six-year period. 

The Contract of Affreightment (CoA), which runs from 2021 to 2026, builds on NORDEN’s long-term collaboration with Enviva, which began in 2012.

NORDEN has also been awarded a 3-year contract with a power company in Hong Kong for the transportation of coal from Indonesia to Hong Kong.

The CoA, which runs from January 1, 2020 to December 31, 2022, will see NORDEN ship around 1.3 million tonnes of coal per year on Panamax vessels, an estimated 17-20 cargoes annually. Most of the volume loading will take place in Indonesia and the vessels will discharge into the Hong Kong power company’s coal terminal.

Logistics News

Ship Design, Maritime Accidents and There’s a Master on the Run

Ship Design, Maritime Accidents and There’s a Master on the Run

Maersk: Effective US Tariffs Average Around 21% Currently

Maersk: Effective US Tariffs Average Around 21% Currently

US Grain Shipments Surge 9% in face of Chinese Tariffs

US Grain Shipments Surge 9% in face of Chinese Tariffs

Great Lakes Limestone Trade Up in June

Great Lakes Limestone Trade Up in June

Subscribe for Maritime Logistics Professional E‑News

Mayor of Moscow: Russian air defences shot down four drones heading for Moscow
China extends flight path over Taiwan Strait by a third time
China extends flight path over Taiwan Strait by a third time