Profile

The NORDEN business

NORDEN – more than physical assets

The true value of NORDEN is much more than the market value of vessels. With an increased focus on short-term operator activities and agile management of tradable positions, NORDEN is becoming less dependent on long-term cyclical market exposure. Instead, a major contributor to the value generation is built on highly sophisticated systems providing advanced analytics and risk systems. This enables the skilled employees of NORDEN to focus on relationships, make the right market calls and deliver industry-leading execution of voyages.

All in a company anchored in 148 years of history and strong values with transparency and well-established corporate governance.

DRY OPERATOR

DRY OWNER

TANKERS


Global transport solutions to dry cargo customers.

Cyclical market exposure to the dry cargo market.

Transport services and cyclical market exposure in the product tanker market transporting gasoline, diesel, naphtha, etc.

Generates a margin by:

• Logistical and operational optimisation, matching cargoes and vessels

• Utilising scale, market knowledge and access to customers and tonnage providers

• Taking short-term market positions

 

Generates superior long-term returns by:

• Timing and negotiating transactions of owned vessels and long-term charter  contracts

• Utilising access to off-market deals through long-term relationships with shipyards and shipowners

• Enabling portfolio of long-term cargo  contracts

 

Generates superior long-term returns by:

• Maximising earnings through positioning and voyage optimisation

• Safe, reliable and cost-efficient technical management of the owned fleet

• Utilising access to off-market deals through long-term relationships with shipyards and  shipowners

• Timing and negotiating transactions of owned vessels and long-term charter contracts