Profile

NORDEN in brief

Dampskibsselskabet NORDEN A/S is an independent shipping company incorporated in Denmark and listed on Nasdaq Copenhagen as a part of the OMX Nordic Mid Cap index. See current market capitalisation here. NORDEN was founded in 1871, making it one of Denmark’s oldest internationally operating shipping companies.

NORDEN operates in dry cargo and product tankers worldwide and offers its shareholders earnings from industry-leading operator activities generated by a highly skilled organisation in addition to cyclical exposure to dry cargo and product tanker markets. 

With 11 offices across 6 continents, NORDEN is an integrated part of the global commodity trade, delivering reliable and safe transport solutions to customers all over the world. 

Dry cargo

In dry cargo, NORDEN is one of the world’s largest operators of Supramax and Panamax dry cargo vessels and has activities in the Handysize vessel type as well. See NORDEN's Dry Cargo fleet list here.  

Tankers

In tankers, NORDEN is active in the Handysize, MR and LR1 product tanker vessel types, in total 60 tanker vessels. More.

The product tanker activities are operated through the Norient Product Pool, which is managed by the 100% owned Norient Product Pool ApS. Norient Product Pool is one of the world's largest operators of product tankers.

Fleet

NORDEN’s fleet is among the most modern and competitive in the industry, and NORDEN operates a mix of owned and chartered tonnage. In addition, NORDEN has a newbuilding programme with in total 6 vessels on order (dry cargo (owned): 4 and tanker (owned and chartered): 2). Dry cargo fleet. Tanker fleet.

Offices around the world

NORDEN has its head office in Hellerup, north of Copenhagen (Denmark) (255 employees incl. site-offices) and offices in Singapore (45), Shanghai (China) (12), Annapolis (USA) (19), Rio de Janeiro (Brazil) (8), Mumbai (India) (10), Santiago (Chile) (2), Vancouver (Canada) (5), Melbourne (Australia) (3), Abidjan (Ivory Coast) (1) and Limassol (Cyprus) (25). At its offices, NORDEN has in total 360 employees and about 690 are employed on the Company’s owned vessels. Contact details

 

NORDEN was a founding member of Danish Shipping in 1884 and has since been a member. Furthermore, NORDEN is a member of the international organisations; Intertanko (The International Association of Independent Tanker Owners), BIMCO (The Baltic and International Maritime Council) and ICC Denmark (International Chamber of Commerce). NORDEN is a signatory to the UN Global Compact, a member of the Maritime Anti-Corruption Network (MACN), member of the Trident Alliance and the industry-initiative for responsible supply chain, IMPA ACT.

 Visual Presentation of NORDEN
 NORDEN's history