PRESS RELEASE - Chartering A/S acquires WaterWay Chartering ApS

As of 1 January 2018, Chartering – part of the shipping and logistics company will acquire the chartering company WaterWay Chartering in Middelfart as well as a 40% share of WaterWay Iberia. This acquisition strengthens’s position as a significant player in Scandinavia within agency and chartering.

WaterWay Chartering, much like, has roots in maritime Denmark, and its agency and chartering solutions have been the core business of the company for many years.

Regarding the acquirement of WaterWay Chartering Lars Jespersen, CEO of comments: “ has long-since wanted to expand and strengthen our chartering activities, and we are therefore incredibly pleased that WaterWay Chartering will now join the Shipping Group. Their work is associated with high quality and customer focus, which is what stands for, and I am very delighted to be able to combine our strengths.”

WaterWay Chartering was founded in 2004 by Thomas G. Frederiksen, and is today owned by Thomas and the two partners, Jens Madsen and Rasmus Rønne. Jens and Rasmus are previous employees at, so it will be a happy reunion when they return "home”, where together with Thomas, they will ensure continued high quality for their customers and cooperation partners. The three owners are all looking forward to joining Chartering and say: ”We are happy to become part of and the USTC Group. It strengthens our position on the market and will benefit employees, customers, partners and suppliers.”

WaterWay Iberia was founded in 2013 by the three owners of WaterWay Chartering and the Spanish shipper Luis Chao, and its operations consist of agency and stevedoring across Spain.

For more information, please contact:

Lars Jespersen, CEO                                                                    A/S                                                                                                         
Tel.: + 45 2031 8578