Denmark’s Norden strikes a pool deal with Pertamina with two newest MR vessels. The company said on social media on Friday that it had reached an agreement with oil and gas production specialist Pertamina EP to add the pair tankers, PIS Jawa and PIS Kalimantan, to their pool.
Norden is welcoming the two MR tankers and launches a pool cooperation with Pertamina EP via their participation in their MR pool.
Listed on Nasdaq Copenhagen, Norden, a provider of ocean-based freight services for bulk and project cargo, explains that its partnership with Pertamina EP will also include the exchange of office personnel.
Soren Huscher, head of Pool Management at Norden, said: “We are pleased to welcome Pertamina to our pool, reaffirming that our theory to join forces will enable both organisations to become even stronger by leveraging the united values and strong competencies.
“Our collaboration will also include the exchange of office personnel in order to ensure optimal conditions for knowledge sharing.”
Managing Director of Pertamina Asia Pacific, M. Resa, commented about the recent collaboration with DS Norden for its two newest MR vessels, mentioning that the two partners “can synergize effectively to bring substantial benefits for both companies.”
“This collaboration marks the beginning of what we hope will evolve into a bigger partnership,” Pertamina’s director added.
As far as Norden’s Capesize portfolio, the company lines up more capesize buys to portfolio of five owned and seven chartered capesize vessels.
Norden buys four capesize newbuildings in an investment “to meet strong demands.”
With this latest acquisition, adding to the five owned and seven chartered capesize vessels, Norden gradually moves closer to its ambition to operate between 20-25 capesizes.
The vessels were not identified but were described by the company as “state of the art”. The four capesizes are expected to be delivered between 2025-2027.
