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Norden changes its dry bulk organization

Strategic and organizational changes at Norden, which recently resulted in the resignation of Panamax head Mikkel Fruergaard, combine the carrier's dry bulk activities in fewer units.

Photo: Norden

Norden has performed numerous changes to the carrier's major dry bulk organization, which employs around 100 people globally. The organizational and strategic changes that a few days ago resulted in the departure of Mikkel Fruergaard, head of the carrier's Panamax activities, come at a time when the international dry bulk industry as a whole is hit hard by an extremely low market.

The organizational changes mean that several dry bulk activities will be merged, the carrier's Head of Dry Cargo and Executive Vice President, Ejner Bonderup, tells ShippingWatch.

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