Shipping
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Growing Shipping
Expanding Horizons with Navi Merchants
Since the beginning in 1977, Copenhagen Merchants has prioritized chartering as a cornerstone of its services.
2008
The move into shipping became 'official' in 2008 through the acquisition of Schultz Shipping in collaboration with our long-term partner Fredericia Shipping. Today, Schultz Shipping remains a modern and expanding ship agency and stevedoring company.
In line with Copenhagen Merchants’ forward-thinking approach, the daughter company Navi Merchants has recently invested in SIX advanced newbuild vessels, expected to be operational starting in 2025, signaling continued growth and innovation in the shipping business.
Navi Merchants: A trusted Dry Bulk Freight Partner
Rooted in our strong heritage, Navi Merchants specializes in dry bulk freight, focusing primarily on bulk agricultural products and biomass trades across the Baltic, Continent, Mediterranean, USA, and Southeast Asia.
While Navi Merchants core expertise lies in these sectors, the portfolio is steadily expanding to include an increasing number of yearly fixtures involving bulk minerals, chemicals, fertilizers, steel, forest products, and project cargo.
This diversification reflects Copenhagen Merchants Group’s commitment to adapting to the dynamic demands of global trade.
+ fixtures a year
800
Vessels under management
18
Navi Merchants manages a steadily expanding fleet, typically ranging from 3,500 to 30,000 DWT. The commitment to growth and excellence ensures that Copenhagen Merchants Group and Navi Merchants continue to meet the diverse needs of our clients, providing reliable and versatile shipping solutions.
Turnover
150m EUR
The growth journey continues. In FY 2023, Navi Merchants achieved a turnover of 150 million EUR, driven by the expanding fleet and dedication to delivering exceptional value.
Vessel Owner
In early summer 2026, Navi Merchants will welcome the first of six new multi-purpose vessels, setting a new standard for sustainability and efficiency in maritime transport.
New Buildings
6
New Buildings
Vessel Features
7,500 DWT Capacity: Designed for versatile cargo handling across a range of bulk and breakbulk goods.
Dual Propulsion System: Equipped with marine diesel and battery power, ensuring optimized fuel consumption and lower emissions.
Sails for Fuel Efficiency: Optional forward-installed sails provide additional fuel savings by harnessing wind power.
Ice Class 1B & DNV Classification: Certified for safe navigation in challenging conditions and compliance with the highest standards.
Fleet Consortium
Through Navi Merchants, Copenhagen Merchants Group is a participant and co-owner of a substantial vessel pool, consisting of more than 20 vessels across the handy to ultramax categories.
This arrangement allows us to leverage a diverse and flexible fleet to meet varying customer demands. Each vessel is operated by our experienced joint venture partner, ensuring high standards of management, operational efficiency, and service delivery throughout the fleet.
Freight Rates in seconds
In today’s fast-paced market, success in freight trading demands instant access to accurate data. Powered by Copenhagen Merchants Group's extensive proprietary data and deep expertise, you can price any freight route worldwide in seconds.
Gain precise insights, including on Handysize to Panamax spreads, loading and discharge port spreads, along with a 12-month forward curve updated daily. All in seconds. CM Navigator is the smarter way to trade freight.
Instant freight rate levels for 250.000+ routes
250 K
Agency & Stevedoring
Schultz Shipping
After decades of successful collaboration at the Kalundborg Bulk Terminal, Copenhagen Merchants Group cemented its partnership with Schultz Shipping in 2008 by acquiring the company, together with Fredericia Shipping as a co-owner.
Schultz Shipping, a progressive and modern Ship Agency and Stevedoring company headquartered in Kalundborg, extends its presence across a strategic network of locations.
Offices in Schultz Group
With offices in Copenhagen, Grenaa, Aalborg, Malmö, Hamburg, Rostock, Szczecin, and Gdansk, Schultz also partners with offices in Fredericia, Aarhus, Nakskov, Roedby, Nykoebing F, Vordingborg, and Naestved, providing comprehensive service coverage across Northern Europe.