Dampskibsselskabet Norden A/S (DNORD.CO)

348.60 +12.60 (+3.75%) At close: 04:59PM CEST

Dampskibsselskabet Norden A/S

52, Strandvejen
Hellerup 2900
Denmark
45 33 15 04 51
https://norden.com

Sector(s): Industrials
Industry: Marine Shipping
Full-time employees: 1,050

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Klaus Nyborg	Independent Chairman & MD	196k	N/A	1963
Mr. Jan Rindbo	Chief Exec. Officer	2.8M	N/A	1974
Ms. Johanne Christiane Frazer Riegels Østergård	Vice Chairman & MD	110k	N/A	1971
Mr. Martin Badsted	Chief Financial Officer	1.44M	N/A	1973
Mr. Karsten Sivebæk Knudsen	MD & Director	123k	N/A	1953
Ms. Susanne Fauerskov	Head of Marine Payroll	34k	N/A	1975
Mr. Christian Vinther Christensen	Chief Operating Officer	N/A	N/A	1970
Mr. Morten Lund Ligaard	Head of the Legal Department and VP	N/A	N/A	N/A
Ms. Heidi Nykjaer Persson	Head of People, Communications & Sustainability	N/A	N/A	1968
Mr. Sture Freudenreich	Head of IT & Director	N/A	N/A	N/A

Amounts are as of 31 December 2020, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in DKK.

Description

Dampskibsselskabet NORDEN A/S, a shipping company, owns and operates dry cargo and tanker vessels worldwide. The company operates through three segments: Asset Management, Dry Operator, and Tanker Operator. The Asset Management segment owns and charters in long-term vessel capacity; and charters out its capacity of owned and long-term chartered tonnage to dry operators, tanker operators, and third parties. The Dry Operator segment engages in the transportation of bulk commodities, such as grain, coal, iron ore, and sugar; and short-term dry cargo activities. The Tanker Operator segment transports fuel oil or refined oil products. The company operates 92 Panamax, 131 Supramax, and 103 Handysize vessels; and 85 MR and 39 Handysize vessels. Dampskibsselskabet NORDEN A/S was founded in 1871 and is headquartered in Hellerup, Denmark.

Corporate governance

Dampskibsselskabet Norden A/S’s ISS governance QualityScore as of 1 July 2022 is 4. The pillar scores are Audit: 5; Board: 4; Shareholder rights: 1; Compensation: 7.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.