Hagland and North Sea Form RE Shipbroking Pact

Business & Finance

Norway-based RG Hagland AS and Denmark’s North Sea Shipbrokers ApS have agreed to combine their shipbroking activities within the renewables market.

The two shipbrokers have entered into agreements whereby Hagland acquires 49% of the shares in North Sea through a combination of share purchase and subscription of new shares.

In all matters related to the renewables market, North Sea and Hagland’s offshore department will act as one team and renewables business will be conducted through North Sea, renamed to North Sea Hagland Shipbrokers ApS.

Anders Helsinghoff Fjord will be Managing Director and head of the renewables team in North Sea Hagland Shipbrokers ApS, while Tommy Sandtorv will be head of the renewables team working out of Haugesund, Norway.

Arne and Knut Wendelbo Aanensen, joint Managing Directors of Hagland, said: ”North Sea has a strong position in the renewables market, and we firmly believe our combined experience and knowledge will enable us to offer even better shipbroking services to charterers and ship owners, underpinned by North Sea and Hagland sharing the same values, high ethical standards, and long-term commitment in the industry.”