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Friday, May 24, 2019

Maritime Logistics Professional

December 14, 2018

Maersk Broker Buys Stake in NAODAN Chartering

Image: Maersk Broker

Image: Maersk Broker

Maersk Broker Bulk Chartering has bought a stake in a US-based dry bulk broker NAODAN Chartering and become a major shareholder.

The dry cargo brokerage of NAODAN Chartering will continue to focus on the well-established and successful business out of the West Coast of the USA, West Coast Canada and Alaska, and the trading activities will continue to be carried out under the name of NAODAN Chartering, said a press note from the provider of shipbroking services worldwide.

"Maersk Broker Bulk Chartering are very pleased to welcome Mr. Dan Valente, who will continue to carry on his duties as President, as well as his team to our global network – a new cooperation, which we are certain will be beneficial to the many long-term and valuable clients of both NAODAN and Maersk Broker Bulk Chartering," the press release said.

"We are confident that this new venture will increase our joint presence within the Pacific market and indeed globally," it added.

"By entering the US West Coast, West Coast Canada and the Alaskan market place, Maersk Broker Bulk Chartering will be able to continue to grow our business within the dry cargo chartering market enabling us to provide an even better service to our global clients," said the release.