As a continuation of our strategy to realise asset values, we are pleased to confirm that we have sold two additional vessels. Both vessels are MR tankers and became part of NORDEN’s owned fleet in Q2 2025, following the declaration of the related purchase options at the end of 2024. This brings the total number of sold vessels to 14 year-to-date, of which eight were from declared purchase options.

In addition, we have also declared a purchase option on a MR tanker that will join NORDEN’s fleet of owned vessels in Q4 2025.

Furthermore, NORDEN continues to execute on the announced share buy-back programme and 61,900 shares have been acquired at an average price of DKK 197 per share from the initiation in early May up until 23 May 2025.
Source: NORDEN