Danish shipowner Otto Danielsen is teaming up with former Nordea shipping banker Lars Kyvsgaard in an effort to bolster its business.

“We are happy to announce that we have signed a strategic co-operation agreement with Lars Kyvsgaard of Kyvsgaard Consulting,” said Jens Gronning in a statement posted on his LinkedIn page.

“Lars provides financial and strategic advisory towards the maritime industry; he has been leading teams specialized in ship and leasing financing within Nordea and he was leading Nordea’s banking operation in Singapore from 2010 and until 2015.”

Gronning