Executive Management

Peter Borup

Group Chief Executive Officer

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

Urs Dür

Group Chief Financial Officer

Mr. Dür has over 20 years of experience in the shipping industry.  Most recently he was the CFO at Guardian Navigation Inc and Valhalla Shipping Inc (formerly known as TBS Shipping).   

Prior to that, Mr. Dür held senior positions at Clarkson Capital Markers, Lazard Capital Markets, DVB Bank and Marine Money International. He also has experience in shipbroking (tankers) commercial operations (tankers) and container leasing.    

Mr. Dür holds a BA in Political Science from the University of Colorado and an M.Sc. in Marine Policy/Economics from the London School of Economics.

Mr. Dür is an American national residing in the USA.

New York | cfo@norvicshipping.com | +1 646 921 6344

Michael Madsen

Commercial Director, Atlantic

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

Senior Chartering Manager, Copenhagen

Michael Højsgaard

Head of Global Panamax

Mr. Michael Højsgaard joined Norvic in 2017 as Head of Panamax Atlantic.

Mr. Højsgaard joined us with over 26 years experience in the dry bulk markets. Michael has worked in many different areas in the shipping industry ranging from Shipbroking to Ship Owning companies and has extensive experience in the Panamax operating business world wide.

Michael spent his first 11 years in shipping as a ship-broker. Initially in various broking houses in Denmark and from 1994 to 1997 he worked for HSBC Shipbrokers in Hong Kong. In 2001, he joined BHPBilliton Freight Trading desk in The Hague. In 2004, he joined Atlas Bulk Shipping and in 2009 he founded his own company with Greek financial backing. In 2013, he moved to Connecticut to join Castleton Commodities and later on during his stay in the US, he joined Scorpio Bulkers in New York. In 2016, he was transferred to their office in London and worked there until joining Norvic.

Michael Højsgaard is a Danish national and resides in Denmark.

Copenhagen  |   panamax@norvicshipping.com  +45 70 555 702

Shrikant Chandra

Managing Director, Norvic Shipping India

Capt. Shrikant Chandra joined Norvic shipping in 2018 to manage Norvic’s India office.

Capt. Chandra sailed for 21 years at sea in various companies including Tanker Pacific Singapore and Teekay Shipping Vancouver. Capt. Shrikant started his shore career in Operations at Tanker Pacific. He has vast experience in Ship Chartering and Commercial Operations during his stint as Director of Operations in a leading ship broking house.

Capt. Chandra also pioneered the first transshipment operation on the east coast of India for transportation of bulk coal from ocean going bulker to power plants upstream the Ganges river. In his previous role as CEO, Capt. Chandra was responsible for running Marlow Navigation India, a group company of Marlow Navigation, Germany. 

Capt. Chandra carries with him tremendous knowledge in chartering, operations, laytime and demurrage management as well as wide exposure to the Indian markets. He also has a Bachelor’s of Science Degree in Civil Nautical Science from the University of Mumbai.  

Capt. Chandra is a Indian national residing in India.

New Delhi  |   schandra@norvicshipping.com 

Andrew Benjamin

Commercial Director, Pacific

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

Stephen Lamb

Head of Legal

Mr. Stephen Lamb joined Norvic Shipping in 2018 to manage the day to day operations of the Legal Department as the Head of Legal.

Mr. Lamb has more than 25 years of experience in maritime law and is dual qualified as an English solicitor and American lawyer.

Mr. Lamb joins us from Western Bulk where he was previously Legal Counsel for 9 years. Prior to that, Mr. Lamb worked for the Eitzen Group (now UltraBulk), practiced law in Washington DC, and worked for a member of the US Congress.

Stephen Lamb is an American national and resides in Copenhagen.

  Copenhagen  |    legal@norvicshipping.com  +45 70 555 707

Norvic is a member of

Dry bulk