Dry bulk exec at Norden steps down

Norden's head of the carrier's two crucial vessel types in dry bulk has stepped down with immediate effect. According to the carrier, this is a consequence of a restructuring in the dry bulk division.

Photo: Norden

Thomas Jarde, Vice President of Norden and head of the carrier's two important vessel types in dry bulk, has stepped down Monday with immediate effect, as the carrier confirms to ShippingWatch.

Jarde has been with Norden for 15 years and spent four of those years as head of the carrier's US headquarters in Annapolis.

"We have restructured Norden's dry bulk division towards a flatter hierarchy with more teams, which have more power to make decisions and are more agile and specialized. Unfortunately it was not possible to find a suitable position for Jarde in the new structure and we thus agreed to part ways."

"It's always sad to bid farewell to competent employees and we thank Thomas for his contribution to the carrier," says Christian Vinther Christensen, who took office as Norden's head of dry bulk this January.

Norden wants "significantly" more dry bulk vessels in its fleet

Jarde, who arrived at Norden in 2002 after several years with J. Lauritzen, held the title of Vice President, and until stepping down, he was also the head of Norden's two crucial vessel types, Handysize and Supramax, which make up the core business in the carrier's total dry bulk activities.


Exiting 2016, Norden operated a total dry bulk fleet of around 200 ships.

Although many circumstances indicate that improvement will come to the global dry bulk sector in 2017, the market conditions are estimated to still be extremely difficult for Norden as one of the world's largest dry bulk carriers, along with the rest of the industry.

English Edit: Gretchen Deverell Pedersen

Norden CEO believes in bulk – but tanker will be a challenge

Norden lands biggest-ever coal contract

Norden lost USD 35 million in 2016

Norden signs nine-year contract to sail wood pellets

Frontpage right now

Tough 2017 cost 835 jobs at DNV GL

The world's largest classification bureau for shipping, DNV GL, had another challenging year in 2017. The coming year will also be tough for the maritime business, and the slimming down of the company is likely not done, CFO Thomas Vogth-Eriksen tells ShippingWatch.

Maersk Honam will be moved to Dubai's Jebel Ali port

Maersk Honam, which caught fire a couple of weeks ago, will be towed to the port of Jebel Ali in Dubai, Maersk Line confirms to ShippingWatch. But several things will need to be investigated before the vessel can begin its journey.

DNV GL warns against towage used in Maersk wreck

It is "not acceptable" to tow two ships side by side as Maersk Supply Service did during a 2016 shipwreck, says classification bureau DNV GL. The Danish Maritime Authority filed a police report against the offshore shipping company Monday this week.

Related articles

Latest news


See all

See all