Denmark’s NORDEN Expanding to Africa
- Business & Finance
Danish shipping company NORDEN is expanding operations to Africa where it expects to open an office by the end of the year.
The new location in Abidjan, Ivory Coast, will be the company’s eleventh office, joining those already established in the US, Brazil, Australia, China, Singapore and India.
The company said it sees West Africa as a promising region with growing opportunities within dry cargo, adding that it would seek to develop industrial bulk port logistics projects in the region.
“We wish to come even closer to our business partners and increase our business presence and at the same time be part of and help the region develop by investing manpower, know-how, money and time in the maritime sector in Ivory Coast and West Africa,” commented Jan Rindbo, Norden CEO.
NORDEN expects the office to become operational during the second quarter of 2019.
The shipping company operates a mixed fleet of 249 owned and chartered dry cargo vessels and 60 tanker vessels.