Executive Management

Peter Borup

Group CEO, Drybulk

Mr. Peter Borup joined Norvic Shipping in 2018 as Group Chief Executive Officer of the drybulk division.

Mr. 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, Mr. Borup 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).

Mr. Borup has an MBA from IMD, Switzerland and an AMP from Wharton Business School. He has been a visiting professor at Shanghai Maritime University since 2006 and served on the Advisory Board of Singapore Maritime Foundation from 2007-2016.

Mr. Borup is a Danish National residing in Denmark.

Copenhagen | pborup@norvicshipping.com | +45 7055 5700

Mudit Paliwal

President & COO

Mr. Mudit Paliwal joined Norvic Shipping in 2017 as the COO & President for the global entity.

Mr. Paliwal joins Norvic Shipping from Caravel Shipping where he was the Managing Director. He was responsible for the overall freight book and built their dry bulk operating business from the ground up. He positioned the company as they operated in excess of 25 Million MT of third-party business.

Prior to that, in 2011, Mr. Paliwal established a commodities, ship operating and ship-owning business. Previously, from 2002 – 2011, he was with Noble where he held the positions of Co-Head and Executive VP of Noble Chartering and other roles in Hong Kong and London. He was also a member of their global Management committee and represented the company on the board of their various shipping investment joint ventures.

Mr. Paliwal is a Marine Engineer and holds an MBA from Lancaster University, a master’s degree in mathematical trading & finance from Cass Business School and an executive leadership program from INSEAD.

Mr. Paliwal is an Indian national residing in Denmark.

Copenhagen  |   president@norvicshipping.com  +45 70 555 710 

Managing Director, Copenhagen

Henrik Jeremiassen

Managing Director

Mr. Henrik Jeremiassen joined Norvic shipping in 2016 to start up and manage Norvic’s European office.

Prior to this Mr. Jeremiassen held the position of Director at Thoresen Shipping in Copenhagen. While there, he oversaw the establishment and running of the office, as well as their commercial activities in the Atlantic basin. His global career has taken him around the world, and in addition to working in Copenhagen, he has held positions in Johannesburg, San Diego and New York.

Mr. Jeremiassen, who started his shipping career in 1992, holds a bachelor’s degree in engineering from the Technical University of Denmark as well as a degree in economics from Copenhagen Business School.

Mr. Jeremiassen is a Danish national residing in Denmark.

Copenhagen  |   atlantic@norvicshipping.com  +45 70 555 701 |   +45 28 100 750 

Michael Madsen

Commercial Director

Mr. Michael Madsen joined Norvic in 2016 to start up and manage Norvic’s office in Houston as the Commercial Director.

Mr. Madsen began his shipping career in 1996 at Armada Shipping in Denmark. In 1998 he moved to Connecticut for Parcel Tankers, which was partly owned by Armada Shipping. Later that same year he moved to Armada Shipping’s U.S.A. dry bulk desk. In 2002 he joined J. Lauritzen U.S.A., where he worked his way up within Lauritzen Bulkers. He began as a chartering manager, and progressed to Senior Chartering Manager, focusing on business in the Americas. In 2014 he transferred to Singapore where he worked as the Team leader for Lauritzen Bulker’s Supramax Pacific team.

Mr. Madsen is a Danish national residing in the USA.

Houston  |   americas@norvicshipping.com  +1 346 368 2210 |   +1 281 771 2147 

Andrew Benjamin

Commercial Director

Mr. Andrew Benjamin joined Norvic Shipping in 2017 to start up and manage the office in Singapore as the Commercial Director.

Mr. Benjamin joined us with over 23 years of dry bulk shipping experience. He spent 10 years with BHP in Melbourne and The Hague. While there he worked on various facets of shipping, from new-building projects, technical fleet management, to operations and scheduling. Thereafter he spent 10 years with Bunge, with time shared equally in Geneva and latterly Singapore where he headed their Pacific book. Mr. Benjamin then took up the challenging task of heading the global Panamax business with Caravel Shipping, based in Hong Kong. Immediately prior to joining Norvic, he spent 12 months with Noble Chartering, helping steer their chartering desk through challenging waters.

Andrew Benjamin is an Australian national and resides in Singapore.

  Singapore  |    pacific@norvicshipping.com   +65 6713 9571 |   +65 9030 1378

Norvic is a member of

Dry bulk