The exit took place after the Japanese-controlled, Onomichi-built ship’s time charter to Norden — the pool’s Danish founding partner — expired, says Norden chief executive Soren Huschen. It lowers the Denmark-based pool’s products tanker fleet to 85 ships.
According to available data, the Nord Observer was fixed in mid-February by US commodities trader Morgan Stanley for a period of between nine and 12 months at the apparently low rate of $13,700 per day.
