Ship Segments

NORDEN is committed to three vessel types in the tanker segment. Long Range 1 (LR 1), Medium Range (MR) and Handysize product tankers. LR1, MR and Handysize vessels primarily carry refined oil products such as gasoline, jet fuel and gas oil; various kinds of chemicals; and vegetable oil all on a global basis.

Product Carriers

Long Range 1/Panamax (LR1)

Size: Typical length: Typical beam:	60,000 to 75,000 dwt 230 metres 33.5 metres
Operating areas:	Worldwide
Main cargo:	Refined oil products e.g.gasoline, diesel oil, jet fuel, naphtha
Customers:	Oil traders and major oil companies

LR1 Fleet

(number of vessels)	NORDEN	Global *
Active vessels	1	361
Newbuildings	0	81
*Source: Clarkson, 19 July 2010

Details of NORDEN's LR1 fleet

Medium Range (MR)

Size: Typical length: Typical beam:	42,000 to 60,000 dwt 182 metres 32 metres
Operating areas:	Worldwide
Main cargo:	Refined oil products e.g.gasoline, diesel oil, jet fuel, naphtha
Customers:	Oil traders and major oil companies

MR Fleet

(number of vessels)	NORDEN	Global *
Active vessels	13	996
Newbuildings	6	292
*Source: Clarkson, 19 July 2010

Details of NORDEN's MR fleet

Handysize

Size: Typical length: Typical beam:	27,000 to 42,000 dwt 180 metres 27-30 metres
Operating areas:	Worldwide
Main cargo:	Refined oil products e.g. gasoline, diesel oil, jet fuel, naphtha
Customers:	Oil traders

Handysize Fleet

(number of vessels)	NORDEN	Global *
Active vessels	18	881
Newbuildings	0	90
*Source: Clarkson, 19 July 2010

Details of NORDEN's Handysize fleet

Total tanker fleet list