DS Norden Joins OceanConnect

Wednesday, January 16, 2002
Dampskibsselskabet Norden, one of the world's oldest and largest ship owners, has joined OceanConnect as a new equity partner. Norden Senior Vice President Carsten Mortensen said that, "We established this partnership because OceanConnect has provided Norden with benefits far beyond traditional fuel brokering. The savings to date have been tremendous. In light of these results, we wanted to partner with the company that is changing the way bunkers are purchased."

"We have been using OceanConnect for over a year, and we are saving money on fuel, our largest variable cost. We're acquiring equity because we know the value of OceanConnect's service," Norden Vice President Jacob Meldgaard said.

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