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Business Summary
Logo Dampskibsselskabet NORDEN
Provides dry cargo and marine freight shipping services

D/S Norden A/S is an independent shipping company, which operates in dry cargo and product tankers worldwide.

It operates through two segments Dry Cargo and Tankers.

The Dry Cargo segment runs Capesize, Post-Panamax, Panamax, and Handymax vessels which transport iron ore, coal, grains, steel, cement, sugar, fertilizers, and other types of cargo.

The Tankers segment offers Handysize, Medium-Range, and Long-Range product tankers which carry refined oil products, chemicals, and vegetable oil. The company was founded by Mads Christian Holm on February 11, 1871 and is headquartered in Hellerup, Denmark.

Number of employees : 1 175 persons.
Sales per Businesses
20122013Delta
DKK (in Million)%DKK (in Million)%
Dry Cargo10,03381.2%9,92282.3% -1.13%
Tankers2,31918.8%2,13317.7% -8.71%
Sales per Regions
20122013Delta
DKK (in Million)%DKK (in Million)%
Denmark12,352100%12,055100% -2.47%
Managers
NameAgeSinceTitle
Klaus Nyborg512012Vice Chairman & Chief Executive Officer
Mogens Christian Hugo711995Chairman
Michael Tønnes Jørgensen, MBA482009Chief Financial Officer & Executive Vice President
Lars Lundegaard, MBA572002Senior Vice President & Head-Technical Department
Sture Freudenreich--Director-Information Technology Department
Erling Højsgaard691989Independent Director
Arvid Grundekjøn592009Independent Director
Karsten Sivebæk Knudsen612008Independent Director
Alison Johanne Fraze Riegels671985Director
Ole Clausen582004Director & Senior Claims Manager
Shareholders
NameShares%
Motortramp A/S 11,851,24028.1%
Rasmussen Family 4,869,64011.5%
D/S Norden A/S 2,539,9456.02%
Schroder Investment Management Ltd. 1,369,0773.24%
Dimensional Fund Advisors LP 864,9682.05%
Industriens Pensionsforsikring A/S 533,8161.27%
Nykredit Bank A/S 339,8640.81%
Norges Bank Investment Management 249,8220.59%
Invesco Asset Management Ltd. 179,7730.43%
Otus Capital Management Ltd. 177,6120.42%
Holdings
NameShares%Valuation
Dampskibsselskabet NORDEN A/S (DNORD) 2,539,9456.02%65,215,221 USD
Sector
Industrials
Transportation
 Freight & Logistics Services
  Marine Freight & Logistics
   Deep Sea Freight
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Sector Marine Freight & Logistics
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Company contact information
D/S Norden A/S
52, Strandvejen
Hellerup, Capital Region 2900

Phone : +45.33.15.04.51
Fax : +45.33.15.61.99
Web : www.ds-norden.dk
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