Norden has started to charter out scrubber-fitted tanker tonnage in a bid to reap the benefits from its earlier investment in the environmental equipment for IMO 2020.

According to brokers, the Danish owner sub-chartered the 50,000-dwt newbuilding Nord Vanquish to Stena Bulk for three years at $17,500 per day.

The product tanker, which complies with Tier II emissions standards, is to be delivered this month.