type publicly traded aktieselskab traded as nasdaq copenhagen dnord industry shipping founded 1871 founder mads christian holm headquarters hellerup denmark key people carsten mortensen president and ceo mogens hugo chairman products tankers dry cargo revenue us 2.190 billion 2010 1 operating income us 222.5 million 2010 1 profit us 244.8 million 2010 1 total assets us 2.250 billion end 2010 1 total equity us 1.998 billion end 2010 1 number of employees 670 average 2010 1 subsidiaries norient product pool a s with interorient navigation company ltd. website www.ds norden.com dampskibsselskabet norden a s commonly abbreviated d s norden is a danish shipping company operating in the dry cargo and tanker segment worldwide . the company headquarters are located in copenhagen denmark 2 and the company is listed on the copenhagen stock exchange . 3 contents 1 history 2 operations 2.1 dry cargo 2.2 tanker 3 takeover bid by torm 4 fleet 5 references 6 external links history edit norden is one of denmark s oldest shipping companies founded in 1871 by mads christian holm . it was named after its first vessel a glasgow built steamship . 4 the company is composed of a dry cargo and a tanker division . operations edit dry cargo edit in dry cargo the company is one of the world s largest operators of handymax and panamax bulk carriers and has significant activities in the handysize and capesize segments . the latest initiative is the entry into the post panamax segment . 5 tanker edit in tankers the company is active in the aframax segment which transports crude oil and in the handysize and mr product tanker segments . 6 the product tanker activities are operated through the norient product pool which is jointly owned by ds norden and interorient navigation company ltd. . 7 takeover bid by torm edit in 2002 rival shipping company ds torm tried to take over ds norden . despite resistance from some shareholders torm eventually gained control of almost 33 % of norden s shares . although the takeover attempt was unsuccessful rising stock prices meant that torm held onto the shares until 2007 . 8 fleet edit ds norden s fleet is among the most modern and competitive in the industry and the firm operates in total 209 dry cargo and tanker vessels a mix of owned and chartered tonnage . in addition norden has an extensive newbuilding programme and has in total 86 vessels on order dry cargo 69 tanker 17 . 9 norden has its head office in copenhagen and offices in singapore shanghai annapolis rio de janeiro and mumbai . at its offices the company has in total 209 employees and about 300 are employed on the company s owned vessels . 10 norden was a founding member of the danish shipowners association in 1884 and has been a member ever since . it is also a member of the international organisations ; intertanko the international association of independent tanker owners bimco the baltic and international maritime council and icc denmark international chamber of commerce . references edit a b c d e f annual report 2010 pdf . d s norden . retrieved 1 april 2011 . dampskibsselskabet norden a s headquarters dampskibsselskabet norden a s master data dampskibsselskabet norden a s history dampskibsselskabet norden a s strategy dampskibsselskabet norden a s strategy dampskibsselskabet norden a s norient product pool denmark s d s torm sells entire d s norden stake . reuters . 2007 04 02 . dampskibsselskabet norden a s norden in brief dampskibsselskabet norden a s norden around the world external links edit official website retrieved from https en.wikipedia.org w index.php title d s norden & oldid 687398792 categories shipping companies of denmarkshipping companies based in copenhagencompanies based in gentofte municipalitytanker shipping companies navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages danskdeutschnorsk bokm l edit links this page was last modified on 25 october 2015 at 09 36 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view