Otto Danielsen bought out
One of the best-known names in Scandinavian chemical tanker circles has bought out a Danish shipowner. Jens Gronning, along with business partner Søren Andersen, have purchased Otto Danielsen from Norway’s Tschudi Shipping Company. Otto Danielsen’s foundations date back to 1944 when it was created initially as a shipbroker. Latterly it became an owner, while retaining its broking division and in 2005 Tschudi bought out the family run firm.
Gronning revealed via his LinkedIn page: “[O]ur aim is to create a boutique asset management platform offering maritime investment opportunities to capital investors and providing full project and asset management services from conception to exit.”
Gronning said the firm would focus on a wide variety of sectors including chemical and product tankers, dry bulk, containers, roros and multipurpose ships.