About NORDEN Alrayn Maritime Co Ltd (Norabic)
Norabic is a joint venture between the founding partners the Danish ship owner Dampskibsselskabet NORDEN A/S and the Saudi Arabian maritime company Alrayn Maritime Co Ltd. Norabic is an independent company, with strong relations to its founding partners.
The main clients of Norabic are cargo owners and/or merchants who seek transportation of their goods to and/or from Kingdom of Saudi Arabia and the wider Arabian region. Norabic can provide safe, secure, timely and cost-effective seaborne transportation of cargoes in the dry bulk and liquid bulk (tanker) segments.
Norabic is situated in Riyadh, Saudi Arabia.
Norabic can provide safe, secure, timely and cost-effective seaborne transportation of cargoes in the dry bulk and liquid bulk (tanker) segments.
In dry bulk, our main commodities are grain products, steel products, various types of ores, coal, fertilizer, cement clinker, sulphur, salt, bauxite and alumina.
In liquid bulk (tanker) the most common commodities are clean products like gas oil, gasoline, jet fuel, naphta, ethanol, but also dirty cargoes like fuel oil and crude oil. In addition Norabic carries vegetable oil, molasses, palm oil and chemicals like MTBE, urea ammonium nitrate, caustic soda and other easy chemical grades.
Vision, mission and values
- Vision – to become a leading provider of seaborne transportation solutions to the Kingdom of Saudi Arabian tanker and dry cargo clients.
- Mission – supporting the development and diversification of the economy of the Kingdom of Saudi Arabia and the wider Arabian region through the provision of safe, secure, reliable, cost effective and sustainable dry bulk and tanker solutions to its clients. To create market preference for high quality services offered by a trusted regional player.
- The values of the joint venture will coincide with the values of Dampskibsselskabet NORDEN A/S (founding partner):
- Flexibility Adapt and find better solutions.
- Reliability Honesty, good intentions and no cheating.
- Empathy Respect diversity in people and opinions.
- Ambition Think ambition into every activity.