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Dry Cargo Department News

17 Dec 2017

SSY Acquires Bidsted & Co

British-based ship broker Simpson Spence Young (SSY) has acquired Danish dry bulk broker Bidsted & Co. Bidsted & Co, which was founded in 1940, is one of the last few remaining independent shipbrokers in Copenhagen. Bidsted’s chartering and S&P expertise focuses on serving Danish and Far Eastern dry cargo charterers, operators and shipowners.

21 Nov 2016

NORDEN Names New Head of Dry Cargo

Photo: NORDEN

Dampskibsselskabet NORDEN A/S has hired Christian Vinther Christensen as new head of the Dry Cargo Department.   Christian Vinther Christensen takes up his new position January 1, 2017 and becomes part of Senior Management reporting to CEO Jan Rindbo.   He brings with him 16 years of experience from the dry cargo operator Western Bulk. He is shipping educated at Maersk, where he, prior to his employment at Western Bulk, for 10 years held a number of positions in the group including management positions in Maersk Broker.

27 Mar 2015

NORDEN CEO: Bulk Market Challenges to Continue

Klaus Nyborg (Photo courtesy of NORDEN)

Klaus Nyborg, interim CEO at Denmark-based dry bulk and product tanker shipping company Dampskibsselskabet NORDEN A/S, expects difficult dry cargo market conditions to continue through 2015 as the tanker market has come off to a good start. “2015 looks like it is going to be quite a challenging year in dry cargo just as 2014,” Nyborg stated in an editorial for the NORDEN spring magazine. Adapting to the market difficulties, NORDEN stopped ordering new vessels in 2014 and has reorganized is dry cargo department.

18 Jun 2014

Norden CEO Carsten Mortensen Leaving for BW Group

After 17 years with Dampskibsselskabet NORDEN A/S, with almost 10 years as CEO, Carsten Mortensen says he has decided to resign his position as CEO of NORDEN and seek new challenges as Group CEO of the  maritime BW Group. The Board of Directors is in the process of finding a successor. Carsten Mortensen will be available to NORDEN for a [undefined] period. Mortensen has been head of NORDEN in a period when the firm has developed into one of the largest dry cargo and product tanker companies in the world. It is with regret, the Board says, that it has received Carsten Mortensen’s resignation. According to NORDEN's web site Mortensen joined NORDEN in 1997 as head of the Dry Cargo Department. He became a member of Management and was appointed COO in 2004.