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NORDEN Signs Multiple Long-Term Global Contracts

Logistic News - Published on Tue, 20 Aug 2019

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NORDEN has contracted with Enviva to transport 1.3-1.5 million metric tonnes of wood pellets from the United States to Europe over a 6 year period. The Contract of Affreightment, which runs from 2021 to 2026, builds on NORDEN’s long-term collaboration with Enviva, which began in 2012 and expands the co-operation between the 2 companies.

NORDEN CEO Mr Jan Rindbo, said that “With Enviva being the world’s largest producer of wood pellets, we are delighted to further cement our good relationship and proud to be entrusted to once again deliver even more Enviva products to their customers across the Atlantic.”

With the new contract, NORDEN now holds a number of long-running contracts with Enviva for the transportation of wood pellets across the Atlantic, all of which are carried out on Supramax vessels.

Mr Jan Rindbo added that “Our collaboration with Enviva has enabled us to play a leading role in the fast-growing market for sustainable wood bioenergy, as an increasing number of electric power generating plants convert from coal to wood pellets in order to reduce their lifetime carbon emissions.”

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Posted By : Mohan Sharma on Tue, 20 Aug 2019
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