Norden raises 2026 full-year net profit guidance

Additionally, chartered vessels previously delayed by disruptions around the Strait of Hormuz have safely transited the Persian Gulf, lowering anticipated cost impacts compared to earlier provisions.

Taking advantage of firm asset values, Norden has sold nine vessels so far this year, comprising three owned vessels and six recently declared purchase options. The owned divestments included two MR tankers and one Capesize vessel, while the declared options consisted of four Panamax vessels and two supramax vessels.

Gains from these already signed transactions are now expected by the company to reach $79 million for the full year, up from the previous estimate of $64 million.