Equity fund to Nordic Tankers: Be efficient and expand!

Nordic Tankers owner, private equity fund Triton, has an ambitious growth plan for the shipping company. ShippingWatch has learned that the shipping company was recently looking at Indonesian BLT, which has a fleet of 70 ships.
BY TOMAS KRISTIANSEN

Investment fund Triton has made an ambitions growth plan for the shipping company together with the company's management. Though the tank and chemical markets remain fragile, the wealthy fund is ready with funding for the right projects, so that the shipping company, which consists of Herning Shipping and Nordic Tankers, can expand upon its current fleet of 120 ships. Nordic Tankers has made the first move in its expansion plans with the recent acquisition of four small tankers from Clipper, but the ambitions go way beyond that.

Already a subscriber?Log in here

Read the whole article

Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
  • Must be at least 8 characters, including three of: Uppercase, lowercase, numbers, symbols
    Must contain at least 2 characters
    Must contain at least 2 characters

    Get full access for you and your coworkers

    Start a free company trial today

    Share article

    Sign up for our newsletter

    Stay ahead of development by receiving our newsletter on the latest sector knowledge.

    Newsletter terms

    Front page now

    Further reading