Norden, now an operator of capesize and newcastlemax bulkers, is on the hunt to increase its fleet further by chartering in — and making additional buys, executives say.

Jesper Andersen joined Norden in August and is heading the capesize desk. He arrived from Oldendorff Carriers, where he was director of the South Pacific supramax and handysize desk.

“I think there’s still just a lot of money out there.