NORDEN appoints Executive Vice President

Attached please find below text as PDF file.


Dampskibsselskabet NORDEN A/S
_______________________________________________________________________________

                                                            Announcement no. 26
                                                                9 December 2010







NORDEN appoints Executive Vice President 

NORDEN's Board of Directors has appointed Peter Norborg Executive Vice
President as from 1 January 2011. Peter Norborg joins the Executive Management
which also includes NORDEN's Board of Management, Carsten Mortensen, CEO and
President, and Michael Tønnes Jørgensen, CFO. 

”As manager of the Dry Cargo Department, Peter Norborg has proved that he is a
competent and determined manager who generates good results. The appointment
matches the responsibility and tasks that he is entrusted with as manager of
the largest business unit within NORDEN”, says Mogens Hugo, Chairman of the
Board of Directors. 

Peter Norborg is 44 years old, shipping-trained and holds an Executive Master
in Business & Administration from IMD. He joined NORDEN in 1998, and has been a
central figure in building up the Company's Dry Cargo Department. From 2001 to
2004, Peter Norborg was Manager of the US office. From 2004 to 2008, he was
Deputy Manager in the Dry Cargo Department and Manager of the Handymax
chartering section, before he was appointed Senior Vice President and Manager
of the Dry Cargo Department in September 2008. 


                                 Kind regards, 
                         Dampskibsselskabet NORDEN A/S 


                                 Mogens Hugo 
                      Chairman of the Board of Directors 




Contacts at +45 3315 0451: Mogens Hugo, Chairman of the Board of Directors 
                           Carsten Mortensen, CEO and President 
                           Hans Bøving, Head of Corporate Communications 


_______________________________________________________________________________

                        Dampskibsselskabet NORDEN A/S
                               52, Strandvejen
                              DK-2900 HELLERUP
                              CVR no. 67758919
                              www.ds-norden.com