Michael Madsen
Sugarland,TX
Summary
A seasoned leader in the shipping industry, I spearheaded Norvic Shipping's expansion in the Americas, building a trusted, competitive and profitable team.
Focus on building a team that trust one another and driven to succeed together.
A proven track record in market analysis, my strategic vision and quick decision-making have consistently delivered profitability and growth.
I am outgoing, trustworthy, responsible and hardworking.
Overview
29
29
years of professional experience
Work History
Commercial Director and Head of Atlantic
Norvic Shipping
Houston, Texas
01.2024 - Current
- Lead strategic commercial activities for the Atlantic region, managing relationships with key clients and stakeholders
- Work closely with our owner, COO and Head of Pacific to drive global growth, manage our book and ensure hedging is done properly
- Oversee chartering and logistics operations to ensure profitable vessel utilization and optimized fleet management
- Negotiate high-value contracts and drive new business opportunities, contributing to overall company growth and profits
Commercial Director and Co-Head Atlantic
Norvic Shipping
05.2016 - 01.2024
- Headed the opening of Norvic Shipping in the Americas, at the same time Norvic Shipping opened in Copenhagen, we shared Atlantic responsibilities until I became sole head of Atlantic in Jan 24’
- Build a strong team and a trusted brand
- Houston has been profitable every year
- Personally negotiated Norvic Shipping’s first Long Term Period deals, went to Japan to take delivery of MV Norvic Houston
- Norvic now has a good name in Japan and a local office, more ships to be delivered within next 3 years
- We built a company that within a few years approached 1 billion in revenue and carried close to 40 mill mt over 1200 voyages
Senior Chartering Manager, Team Leader Supramax Pacific
Lauritzen Bulkers
Singapore
08.2014 - 05.2016
- Led chartering activities for Supramax vessels in the Pacific region, ensuring optimal performance and maximizing profitability
- Conducted market analysis and advised senior management on fleet deployment, strategy adjustments, and risk mitigation
- Traveled all of Asia incl visiting Coal mines in Indonesia, travel to Philippines to new port facilities for new Coal power plants in remote areas and subsequently working on 10 year deals
Senior Chartering Manager
J. Lauritzen (USA) Inc
Stamford, CT
03.2011 - 08.2014
- Managed key accounts and executed chartering contracts for various shipping markets
- U.S Gulf, East Coast South America and West Coast South America
- Provided strategic market insights to leadership and helped to position the company as a market leader in dry bulk shipping
Chartering Manager
J. Lauritzen (USA) Inc
05.2002 - 03.2011
- Oversaw day-to-day chartering in various positions, Incl Head of U.S Gulf & U.S East Coast, and Head of South America ensuring vessels were chartered to meet client demand while maintaining profitability
- Played a pivotal role in long-term contract negotiations and partnerships with key players in the shipping industry
Chartering Manager
Armada Shipping
02.1996 - 03.2002
- Specialized in dry cargo chartering and logistics, negotiating contracts and building a network of clients in Americas
Education
Bachelor's Degree -
Copenhagen Business School
01.1995
Skills
- Proven leadership skills
- Managing Teams Worldwide
- Trading Strategies and Risk Management
- Physical Hedging
- FFA Hedging
- Market Analysis
- Strong Negotiation Skills
- Commercial attitude
- Problem solving
- Ability to make quick decisions under pressure
Additional Information
Interests : Golf, Tennis, Soccer
Languages : Danish & English
Personal Information
- Immigration Status: Green Card holder
- Child Name: Claire, 10 years old
- Child Name: Colin, 14 years old
- Date of Birth: 09/02/75
- Marital Status: Married
Timeline
Commercial Director and Head of Atlantic
Norvic Shipping
01.2024 - Current
Commercial Director and Co-Head Atlantic
Norvic Shipping
05.2016 - 01.2024
Senior Chartering Manager, Team Leader Supramax Pacific
Lauritzen Bulkers
08.2014 - 05.2016
Senior Chartering Manager
J. Lauritzen (USA) Inc
03.2011 - 08.2014
Chartering Manager
J. Lauritzen (USA) Inc
05.2002 - 03.2011
Chartering Manager
Armada Shipping
02.1996 - 03.2002
Bachelor's Degree -
Copenhagen Business School
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