Baltnav diversifies business after busy 2018

Danish bulk operator Baltnav had a busy 2018 with increased profit. The company will soon open an office in South America and is also pursuing partnerships in segments such as ship management.

Baltnav partners Martin Sato and Michael Bonderup. | Photo: Collage/Baltnav

New offices and more employees in both Singapore and Copenhagen, a new IT system as well as efforts to land partnerships in segment such as ship management.

2018 was a very busy year for Copenhagen-headquartered dry bulk operator Baltnav. And even though both activity and profits surged, the company is laying out plans to shift its business.

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