Baltnav & Navision Shipping Merge: Dry Cargo Fleet Expands | Mariner News

Baltnav and its sister company, Navision Shipping, are set to merge, creating a formidable force in the dry cargo shipping sector. This strategic consolidation will see both operators, owned by the Navision Group, unite under the Navision Shipping brand. The newly combined entity will manage an impressive fleet of approximately 60 vessels, significantly enhancing its operational scale and market presence in global dry cargo transport.

Expanding Dry Cargo Fleet and Market Reach

The merger, effective January 22, 2026, brings together the strengths of two established dry cargo operators. By integrating Baltnav’s operations into Navision Shipping, the Navision Group aims to streamline management and achieve greater synergies. This move is poised to strengthen their position as a leading dry cargo operator, offering broader services and increased capacity to clients worldwide.

Leadership Transition and Future Vision

A key development in this shipping industry merger is the appointment of Baltnav CEO Line Lund Clausen, who will become a partner in the newly expanded Navision Shipping. This leadership transition underscores a commitment to leveraging existing expertise to drive future growth and innovation. The unified company is well-positioned to navigate the complexities of the dry cargo market, promising enhanced efficiency and competitiveness for its comprehensive bulk shipping services.