NORDEN in brief

Dampskibsselskabet NORDEN A/S is an independent shipping company incorporated in Denmark and listed on NASDAQ OMX Copenhagen A/S. The market capitalisation at 9 March 2010 was DKK 10.8 billion.  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 tankers worldwide.  

Dry cargo

In dry cargo, the Company is one of the world’s largest operators of Handymax and Panamax bulkcarriers and has significant activities in the Handysize and Capesize segments. The latest initiative is the entry into the Post-Panamax segment. In total 107 dry cargo vessels (excluding single trip chartered vessels). More  

Tankers

In tankers, the Company is active in the Handysize, MR and LR 1 product tanker segments, in total 36 tanker vessels. More.

The product tanker activities are operated through the Norient Product Pool, which is managed by the 50% owned Norient Product Pool ApS. 

Fleet

NORDEN’s fleet is among the most modern and competitive in the industry and NORDEN operates in total 144 dry cargo- (excluding single trip chartered vessels) and tanker vessels (a mix of owned and chartered tonnage). In addition NORDEN has an extensive newbuilding programme and has in total 81 vessels on order (dry cargo 56, tanker 7). Dry cargo fleet. Tanker fleet.

Offices around the world

NORDEN has its head office in Hellerup, north of Copenhagen (Denmark) (171 employees incl. site-offices) and offices in Singapore (24), Shanghai (China) (13), Annapolis (USA) (11), Rio de Janeiro (Brazil) (3) and Mumbai (India) (4). At its offices NORDEN has in total 226 employees and about 400 are employed on the Company’s owned vessels. Contact details

NORDEN was a founding member of the Danish Shipowners' Association 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).

Visual Presentation of NORDEN
NORDEN's history
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