Otto Danielsen bought out

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.

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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