On 3 January 2022, each of the three wholly-owned subsidiaries of Nordic Shipholding A/S, namely Nordic Anne Pte. Ltd., Nordic Amy Pte. Ltd., and Nordic Agnetha Pte. Ltd., entered into a Sale and Purchase Memorandum of Agreement to sell the Nordic Anne, Nordic Amy and Nordic Agnetha, respectively. The agreed aggregate gross sale price of .
The Group performed poorly in the first six months of this year as the Time Charter Equivalent (“TCE”) rates were largely depressed due to low tonnage demand caused by the COVID-19 pandemic coupled with excessive tonnage in the market. As a result, the average daily TCE rate earned in H1 2021 by the vessels was .
Company Announcement 13/2021 globenewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from globenewswire.com Daily Mail and Mail on Sunday newspapers.
Nordic Shipholding: Sale of Nordic Pia
Nordic Pia Pte. Ltd., a wholly-owned subsidiary of Nordic Shipholding A/S, has entered into a Sale and Purchase Memorandum of Agreement on 23 February 2021 to sell the Nordic Pia at a gross sale price of USD 7.08 million.
Nordic Pia is a 2006-built handysize product tanker, and the salesprice does not materially differ from the carrying value.
Source: Nordic Shipholding
2021-02-24
Sale of Nordic Hanne
Nordic Hanne Pte. Ltd., a wholly-owned subsidiary of Nordic Shipholding A/S, has entered into a Sale and Purchase Memorandum of Agreement on 15 January 2021 to sell the Nordic Hanne at a gross sale price of USD 7.85 million. Nordic Hanne is a 2007-built handysize producttanker.
Nordic Shipholding A/S does not expect the sale to have any significant impact on the outlook for 2020 as provided in the Company Announcement 11/2020 on 11 December, 2020.
For further information please contact:
Knud Pontoppidan, Chairman of the board, Nordic Shipholding A/S: +45 39 29 10 00