Tschudi Shipping wants to expand in Russia and the Arctic

Norwegian Tschudi Shipping Company is trying to expand its business to the East, through a bigger Russian commitment, and toward the North by increasing its involvement in the Arctic. The many different legs of the business should be seen as an advantage in relation to the expansion plans, says CEO Jon Edvard Sundnes.

Tschudi Shipping Company can do a lot of things, on many different fronts. Or too little of too much, depending on how one chooses to look at the business, which covers both shipping, offshore, logistics, the Arctic, and owns, among other things, the former Danish shipping company Otto Danielsen and the former Estonian state shipyard. The many different legs the company stands on should be considered as strengths in relation to the company’s plans to grow in the Arctic and in Eastern Europe – primarily Russia – according to the shipping company.

“From a managerial perspective, being split up like this is not only an advantage. It requires more of the manager and the individual to make things work together, but it gives us the advantage of securing competencies and affiliations with geographical locations where they have special competencies or clusters,” says Jon Edvard Sundnes to ShippingWatch.

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