Attached please find below text as PDF file.
Dampskibsselskabet ”NORDEN” A/S
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OMX Nordic Exchange Copenhagen A/S Announcement No. 32
Nikolaj Plads 6 10 September 2007
1067 Copenhagen K Page 1 of 1
NORDEN sells Handymax newbuildings
Dampskibsselskabet ”NORDEN” A/S has agreed to sell 2 Handymax newbuildings, one
of which is 50% part owned, with delivery from Chinese yard. The Company will
charter back the 2 newbuildings from the new owner for a charter period of 3
years with the option to extend the period to 5 years.
The newbuildings are expected to be delivered to the new owner during the third
quarter of 2010, when the profit from the sale of USD 14.9 million after tax
will be recognised.
Kind regards,
Dampskibsselskabet ”NORDEN” A/S
Carsten Mortensen
President & CEO
Contact at tel. +45 3315 0451: Carsten Mortensen, President & CEO.
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Dampskibsselskabet ”NORDEN” A/S
49, Amaliegade
DK-1256 COPENHAGEN K
www.ds-norden.com
