Axel Eitzen behind Herning Shipping takeover

Axel Eitzen behind Herning Shipping takeover

Nordic Tankers continues to rejig its business, selling Danish tanker specialist Herning Shipping. ANE Shipping, a new Norwegian partnership between Camillo Eitzen & Co, Axel C. Eitzen, Castel, Erik Bartnes, Seahorse Maritime and Nicolai Heidenreich, has paid an undisclosed sum to take over Herning.

Herning Shipping’s roots date back to 1963 in the city of Herning in Denmark. The intention is now to rename Herning Shipping to Christiania Shipping.

Christiania Shipping will be located in Copenhagen with Axel C. Eitzen as CEO. He commented: “I look forward to further building on Herning Shipping’s strong relations with existing and potential customers, and to develop a solid foundation for future business.”

The Herning fleet comprises 19 tankers, 12 of which are owned, ranging in size between 3,000 and 11,000 dwt. It serves customers primarily in Northern Europe and West Africa.

At the start of this month Nordic Tankers and Embarcadero Maritime – a joint venture between Borealis Maritime and KKR – sealed a deal to sell the jointly held company Crystal Nordic to John T. Essberger in Hamburg.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.

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