 |
| Norient Post-Panamax Bulker Pool |
| The Norient Post-Panamax Bulker Pool is expected to commence operations in late 2009 and grow to manage at least 16 vessels in 2012. This capacity is expected to make the Norient Post-Panamax Bulker Pool one of the top-tier operators globally within the modern 110,000-116,000 dwt design. Post-Panamax comprises vessels in the range of 90,000-130,000 dwt which will be able to pass through the Panama Canal following its planned expansion. The Pool partners believe that this size of vessel will be in high demand and fill the gap between Panamax and Capesize vessels, as they have considerably larger loading capacity than traditional Panamax vessels and are relatively more draft efficient. Thus, they are commercially attractive for carrying coal and iron ore, among other things. NORDEN has established a dedicated Post-Panamax section headed by Michael Boetius. |
2007 Interorient - All Rights Reserved