Nordic Shipholding
- Company typePublic
- Founded1984
- HeadquartersCopenhagen, Denmark
- Headcount1–10
- GTM typeB2B
- OfferingServices
Nordic Shipholding firmographics
Firmographics- Name
- Nordic Shipholding
- Legal name
- Nordic Shipholding A/S
- Website
- https://nordicshipholding.com
- Company type
- Public
- Founded year
- 1984
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Ownership category
- akta.pro rank
Where Nordic Shipholding is headquartered
LocationHeadquarters
- HQ city
- Copenhagen
- HQ country
- Denmark
- HQ region
- Europe
Offices1 record
Markets served
Nordic Shipholding business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Supply Chain, Personnel, Infrastructure
Revenue model
- Vessel Timecharter Revenue: The LR1 vessel generates revenue through a long-term timecharter contract. Revenue is derived from leasing the vessel to charterers for a contracted period at agreed rates.
Nordic Shipholding product offering
Product offeringCore offering
Nordic Shipholding A/S is a publicly listed ship owning company that owns a fleet of six product tanker vessels, comprising five handysize tankers and one LR1 product tanker. The handysize vessels are commercially operated by established third-party managers UPT (Hamburg) and Hafnia Management A/S (Copenhagen), while the LR1 vessel operates under a long-term timecharter contract.
Product overview
Nordic Shipholding A/S is a ship owning company listed on the Copenhagen Stock Exchange. The company operates a fleet of twelve vessels comprising six product tanker vessels, five handysize tankers, and one LR1 vessel. The handysize tankers are commercially managed by third-party operators UPT (Hamburg) and Hafnia Management A/S (Copenhagen), while the LR1 unit operates under a long-term timecharter contract. The company is a traditional shipping/tankership owner rather than a technology product company.
Differentiator
Problem solved
Functional benefit
Products and services
- Handysize Product Tanker Fleet (5 vessels)
Companies that use Nordic Shipholding
Customer profileIdeal customer profiles1 record
Nordic Shipholding technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Nordic Shipholding partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- UPT, HamburgcoreUPT (Unified Profit Transport or similar) based in Hamburg commercially operates handysize tankers for Nordic Shipholding. They handle the commercial management and chartering of the vessels.
- Hafnia Management A/S, CopenhagencoreHafnia Management A/S based in Copenhagen commercially operates handysize tankers for Nordic Shipholding. They handle the commercial management and chartering of the vessels.
Scale indicators1 record
Recent moves4 records
Nordic Shipholding competitors and assessment
Company assessmentDirect peers
- Torm: Torm is a Copenhagen-listed product tanker owner-operator with a fleet of MR and LR2 vessels. It is the most direct peer to Nordic Shipholding given shared product tanker focus, Copenhagen domicile, and similar asset-light commercial management philosophy.
- Hafnia: Hafnia is one of the world's largest product tanker companies and is the commercial manager of Nordic Shipholding's handysize fleet. Comparable fleet composition, product tanker focus, and Copenhagen base make it a direct peer despite the existing commercial relationship.
- International Seaways: International Seaways owns a diversified fleet of crude and product tankers. Comparable as a publicly listed tanker owner employing vessels via timecharter and spot pools, with similar cyclical earnings profile.
- DHT Holdings: DHT Holdings is a pure-play VLCC crude tanker owner. While focused on larger crude tankers, it shares the same publicly listed shipowning model with timecharter exposure and similar investor base interested in tanker shipping.
- Stena Bulk: Stena Bulk is a Swedish family-owned tanker owner with a fleet of MR and product tankers. Comparable as a privately-held product tanker owner with similar vessel size categories and timecharter operations in European trades.
- Scorpio Tankers: Scorpio Tankers is a publicly listed product tanker owner with a large fleet of MR and LR2 vessels. Comparable business model of owning and timechartering product tankers globally, with similar exposure to charter rate cycles.
- Ardmore Shipping: Ardmore Shipping owns and operates a fleet of MR and Handy product and chemical tankers. Closely comparable to Nordic Shipholding given the focus on smaller product tanker tonnage and the timecharter revenue model.
Broad incumbents
- Maersk Tankers: Maersk Tankers is part of the A.P. Moller-Maersk group and operates one of the largest product tanker pools globally. Comparable as a Copenhagen-based product tanker operator with close links to Nordic Shipholding's commercial management universe.
- Euronav: Euronav is a leading tanker company with a large VLCC and Suezmax fleet. Comparable as a publicly listed tanker owner but operates at substantially greater scale and in larger crude tanker segments than Nordic Shipholding's product tanker focus.
- Frontline: Frontline is one of the world's largest tanker shipping companies, primarily focused on VLCCs and Suezmaxes. Comparable as a publicly listed tanker owner but operates at much greater scale and in larger vessel segments than Nordic Shipholding.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat3 records
Key risks5 records
Key highlights5 records
Customer concentration
Nordic Shipholding financial estimates
Financial estimateRevenue estimate
Valuation estimate
Nordic Shipholding leadership team
Management profileNumber of profiles
Nordic Shipholding funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Nordic Shipholding M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Nordic Shipholding
What does Nordic Shipholding do?
Nordic Shipholding A/S is a publicly listed ship owning company that owns a fleet of six product tanker vessels, comprising five handysize tankers and one LR1 product tanker. The handysize vessels are commercially operated by established third-party managers UPT (Hamburg) and Hafnia Management A/S (Copenhagen), while the LR1 vessel operates under a long-term timecharter contract.
Is Nordic Shipholding a public or private company?
Nordic Shipholding is a public company. It is classified as public and is currently operating.
When was Nordic Shipholding founded?
Nordic Shipholding was founded in 1984. It employs 1 to 10 people.
Where is Nordic Shipholding based?
Nordic Shipholding is headquartered in Copenhagen, Denmark, in the Europe region.
How does Nordic Shipholding make money?
One revenue line is on record: vessel Timecharter Revenue.
Who are Nordic Shipholding's main competitors?
Direct peers on record are Torm, Hafnia, International Seaways, DHT Holdings, Stena Bulk, Scorpio Tankers and Ardmore Shipping. Broad incumbents are Maersk Tankers, Euronav and Frontline.
Does Nordic Shipholding have an API?
No public API is recorded for Nordic Shipholding.