Taizhou Hailian emerges behind Norden-bound MPP newbuilds

China’s Taizhou Hailian Shipping has emerged behind multipurpose newbuildings that are backed by charters with Norden’s project cargo division.

Splash reported last week that the Danish shipping giant would be adding two more 17,500 dwt MPPs as part of the four-ship newbuild move initiated earlier this year.

The Jan Rindbo-led owner and operator did not disclose further details about the deal, except that the newbuilds would be chartered in with purchase options and delivered in 2026 and 2027.

Brokers at Clarksons have, however, named Taizhou Hailian behind the contract for the two optional units, which will be built at Taizhou Jianxing Heavy Industry.

Norden entered the project cargo segment in 2023 and has since amassed a fleet of specialised vessels dedicated to transporting windmill components, large-scale batteries, industrial plant components and break-bulk cargoes to 50.

The latest newbuilds will be fuel-efficient, biofuel compatible and feature the same forward-bridge design as Norden’s earlier units to optimise space capacity to complex cargo needs, the company said.

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Stuart Turley is President and CEO of Sandstone Group, a top energy data, and finance consultancy working with companies all throughout the energy value chain. Sandstone helps both small and large-cap energy companies to develop customized applications and manage data workflows/integration throughout the entire business. With experience implementing enterprise networks, supercomputers, and cellular tower solutions, Sandstone has become a trusted source and advisor.   He is also the Executive Publisher of www.energynewsbeat.com, the best source for 24/7 energy news coverage, and is the Co-Host of the energy news video and Podcast Energy News Beat. Energy should be used to elevate humanity out of poverty. Let's use all forms of energy with the least impact on the environment while being sustainable without printing money. Stu is also a co-host on the 3 Podcasters Walk into A Bar podcast with David Blackmon, and Rey Trevino. Stuart is guided by over 30 years of business management experience, having successfully built and help sell multiple small and medium businesses while consulting for numerous Fortune 500 companies. He holds a B.A in Business Administration from Oklahoma State and an MBA from Oklahoma City University.