NORDEN among the world's best at creating financial results

18 Jun 2008

For four years in succession, Dampskibsselskabet NORDEN A/S is among the world’s best at creating financial results

This is the fourth successive year that NORDEN receives a top ranking spot in the respected magazine Marine Money International’s listing of all listed shipping companies’ and groups’ ability to create financial results. The analysis is presented this week at the magazine’s annual conference Marine Week in New York. In 2007, NORDEN ranks as the second best worldwide on the prestigious list against a second place in 2006, a fifth place in 2005 and a third place in 2004.

Thus, NORDEN is the only shipping company which is in the top 5 four years running.

"Across segments and countries, we are once again achieving a top position amongst strong competitors. This signifies that our business model and strategy with consistent focus on the long haul contribute to the continued creation of strong and robust financial performance from our side. Though NORDEN delivers and has delivered good results in absolute terms, it is just as important to me that we consistently perform well compared to our competitors. Our vision is to be the leading shipping company within our field, and recent years’ top rankings on Marine Money’s lists help stress that we are on the right course,” says Carsten Mortensen, President and CEO.

NORDEN