Companies → Dampskibsselskabet Norden A/S
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Dampskibsselskabet Norden A/S

Denmark, Hovedstaden, Hellerup
Updated Jul 10, 2024 10:59
Description
NORDEN is an international shipping company operating in dry cargo and product tankers, with about a dozen of global offices across six continents, and headquartered in Copenhagen, Denmark. The company is listed on NASDAQ OMX Copenhagen and was founded in 1871. NORDEN's trading-oriented business model comprises two business units: Freight Services & Trading and Assets & Logistics. The Freight Services & Trading business unit is the combination of the Dry Operator and Tanker Operator business units. The Freight Services & Trading segment offers transport of bulk commodities such as grain, coal, iron ore, and sugar, and of fuel oil and refined oil products. The vessel capacity comprises vessels chartered either from third parties or from Assets & Logistics at market rates. Assets & Logistics business unit focusing on investments. The segment handles owned vessels and charters in long-term vessel capacity and charters out its capacity of owned and long-term chartered tonnage to Freight Services & Trading at market rates and to third parties. The company operates more than 540 vessels.
Company is likely to sell
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