Denmark has a new dry bulk operator with some familiar names at the helm. Delta Corp has been formed by three former employees at Norvic Shipping, with Mudit Paliwal installed as CEO.

Headquartered in Hellerup to the north of Copenhagen, Delta also has offices in India, Dubai and Singapore. The aim is to be asset-light, taking in ships on short term charters.

“As global trade patterns are being transformed due to shift in economies and utilisation of technology, Delta seeks to navigate high-growth and niche markets with an adventurous spirit of discovery,” Delta stated on social media.