Norden’s CEO vows to expand fleet

Norden’s CEO vows to expand fleet

Norden’s CEO Jan Rindbo has vowed to continue expanding his fleet. In an internal article to employees, Rindbo said the plan for the Danish carrier was to add both tankers and bulkers in the coming months.

On tankers, Rindbo wrote: “When the price of vessel capacity decreases, as we have experienced lately, Norden is ready to act. With good access to yards as well as shipowners and backed by solid finances, we have the opportunity to expand our capacity when prices are attractive.”

In June alone, Splash reported on four product tanker acquisitions by the acquisitive Danish owner.

Rindbo, who has been in the top job at Norden for the past two years, was equally adamant that the time was now also right to increase the number of bulkers in his fleet. Rindbo said it was a “strategic objective to markedly increase” the company’s dry cargo operator business over the coming years.

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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