Maersk Broker is rapidly consolidating on the dry side of its business. Earlier this week Splash reported that Maersk Broker Bulk Chartering had taken over Wonsild Dry. Yesterday Maersk Broker Bulk Chartering announced it is buying into American broker, NAODAN Chartering.
As of January 1, Maersk Broker Bulk Chartering will become a major shareholder of NAODAN Chartering, a big name on the west coast of the US led by Dan Valente.
“We are confident that this new venture will increase our joint presence within the Pacific market and indeed globally. By entering the US West Coast, West Coast Canada and the Alaskan market place, Maersk Broker Bulk Chartering will be able to continue to grow our business within the dry cargo chartering market enabling us to provide an even better service to our global clients,” Maersk Broker noted in a statement.