It has been a long process for Norden, which already before the summer announced that the carrier's CEO - and Chairman of the Danish Shipowners' Association - Carsten Mortensen had found a new job. Norden Chairman Mogens Hugo explains that first came the summer holidays, and then came the long and thorough process of finding the right man for the challenging job.

A very large field was ultimately boiled down to 35 senior executives, all of whom would in fact be able to head the major and currently financially struggling dry bulk carrier. But the selection committee, which consisted of Mogens Hugo, Vice Chairman Klaus Nyborg, another board member, and a headhunter, decided to pick 40-year-old Jan Rindbo for the job - a job where the industry's best guess until today had been Jesper Lok, the former CEO of Denmark's state-owned railways DSB.