Peter Borup as Chief Executive Officer

Peter Borup as Chief Executive Officer

Norvic Shipping International Ltd today announced that its Board of Directors has appointed Peter Borup as Chief Executive Officer of its Dry Bulk division effective August 1st, 2018. Norvic Shipping is a leading international operator of modern dry bulk vessels headquartered in Toronto, Canada with regional offices in Houston, New York, Copenhagen, Dubai, Delhi, Mumbai & Singapore.

“During this time of transformation, there is no better person to lead Norvic Shipping’s Dry Bulk business than Peter Borup,” said A.J. Rahman, Chairman of the Board of Directors. “Peter is a proven leader with extensive knowledge of the shipping industry, business vision and the ability to bring people together in a fast-growing company like Norvic.  I am confident that Norvic will benefit from Peter’s insights and global experience as we continue to rapidly grow and develop our presence in the global dry cargo markets to the benefit of stakeholders and clients alike.”

Peter Borup has over 25 years of international shipping experience. Most recently he headed the dry cargo activities of J. Lauritzen (2013-17) as President. Prior to that, Peter worked for D/S Norden A/S as Senior Vice President and Managing Director of Norden Shipping (Singapore) Pte Ltd (2002-2013), as deputy director at A.P Moller Newbuilding (1999-2001), and as General manager at Maersk Broker Beijing and at Maersk Broker Korea (1994-1999).

“I am excited about joining Norvic, a company that has exhibited remarkable growth in the dry cargo markets over the last three years and a company that still has significant potential for further growth,” said Peter Borup.  “The opportunity that lies ahead for Norvic is enormous, and the ability to lead this next chapter is incredibly exciting.”