Nordic Tankers

The Company

Nordic Tankers is a ship owning company operating one of the largest global chemical tanker fleets in the segment below 25,000 dwt.. The core competence of Nordic Tankers is to manage and operate – commercially and technically – highly sophisticated chemical tankers. Nordic Tankers balances its vessel portfolio by owning tankers, chartering in chemical tankers, and having chemical tankers on commercial management, as well as operating tankers in pools. The strategy for Nordic Tankers is to be the ideal platform for consolidation of the tanker market in the chemical tanker segment below 25,000 dwt. Nordic Tankers’ intention is to be among the most profitable in the industry. Nordic Tankers is since 30 April 2012 owned by a company controlled by the investment fund “Triton”.

Background

The shipping industry has been challenged due to low freight rates and overcapacity on the market. Nordic Tankers’ intention is to be among the most profitable in the industry AND THAT calls for highly skilled and motivated employees. Therefore, Nordic Tankers initiated a large development program. The purpose and main aim of the training and development program were to ensure foundation for future growth and prepare for merge of new vessels and organizations. Project management, change management, PRINCE2 certification and leadership training were the core and also the most applicable part of the program.

The solution

Connection Management did a solid pre-analysis and interviewed key staff prior to the design of the development program. Hereafter Connection Management focused the effort and energy together with Nordic Tankers and designed a tailored (MTB) program which included consultancy, personal coaching and official education including exam + 20 international ECTS points with external censorship. The vast majority of the training focused upon Change Management, Leadership and an exclusive PRINCE2 certification. The program delivered tangible results and the participants were pleased with the fact that all theory and training were turned into practical tools and easily converted into business results.

Return on Investment

HR Director Annette Hasenberg explains: “When choosing a business partner it is crucial that the partner understands our business and our reality. When we looked for a partner and a training supplier, we were aware that our most valuable assets (our employees) invested a lot of time and energy in the program. Therefore, our focus was to get tangible and fast return on our investment. We succeeded. Halfway through the program, we realized the human potential and we achieved what we were looking for – business and bottom line results. Connection Management goes directly to the point and cuts the academically theory to an absolute minimum – they challenged us on our beliefs, processes, systems, attitudes and habits. They know what business is all about, they are ambitious and they have worked hard in order to help us succeed. If normal working hours don’t fill the gap, we just continue Saturday and Sundays. It seems as if their energy has infected the participants”.

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