13/12/2018 Maersk Broker Bulk Chartering and NAODAN Chartering

We are pleased to announce that Maersk Broker Bulk Chartering have entered into an agreement with NAODAN Chartering Inc., Mercer Island.

As of 1 January 2019, Maersk Broker Bulk Chartering will become a major shareholder of NAODAN Chartering.

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.

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.

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

For any questions, please contact either of the undersigned.

Kind regards,

Frank Kehlskov Mortensen
CEO, Maersk Broker Bulk Chartering A/S
Direct Line: +45 33 44 15 32
Mobile: +45 21 74 78 67

Dan Valente
President, NAODAN Chartering Inc.
Direct Line: +1 206-275-3984
Mobile: +1 206-601-8432

13 December 2018

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