Dampskibsselskabet Norden AS - DNORD- Profile

Dampskibsselskabet Norden As. The Group's principal activity is tramp shipping in the dry cargo and tanker sectors. The Group operates about 25 tankers and 134 bulkers internationally through a mix of owned and chartered tonnage. In the bulker segment the Group is predominantly engaged in the Handymax market and also in Capesize and Panamax markets. On the tanker side, the Group concentrates on 35,000-50,000 dwt product carriers and Aframax crude carriers. The commodities carried include coal, cement clinker, alumina, fertiliser, grain, petcoke, sugar and steels. In the year 2005 the Group established its office in India. Dry cargo accounted for 90% of 2005 revenues and tankers, 10%