DENMARK – SOUTH AMERICA – CANADA – ASIA - International bulk freight and tanker operator Norden A/S has contracted two Handysize new build vessels which, following delivery from the shipyard, will be chartered out to Rio Tinto, one of the biggest dry bulk charterers in the world. The agreement is long term and is expected to result in accumulated earnings before interest, taxes, depreciation, and amortization of approximately $60-70 million for the entire contract period.
Source: Handy Shipping Guide
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