Hans Niels Andersen

Born into a working-class family in Nakskov, he trained as a shipbuilder before hiring on as a ship's carpenter in 1872. He came to Bangkok for the first time in 1873 and advanced to first mate and later master of Thoon Kramom, a ship owned by Chulalongkorn, the king of Siam. Subsequently, he entered the freight business in East Asia and later Europe.

In 1884 he started his own company in Bangkok, Andersen & Co., which encompassed import/export, shipping, logging and sawmills.

Returning to Copenhagen, he opened a branch office of his company and in 1897, together with Isak Glückstadt, director of the Danish Farmers' Bank, founded the East Asiatic Company with an initial equity of 3.5 million Danish kroner. Its original purpose was to facilitate trade between Denmark and the Far East, but it continued to grow, diversifying into shipbuilding, marine propulsion, insurance, etc., until it eventually became the largest company in Denmark.

In 1912, Andersen commissioned the Copenhagen shipbuilding company Burmeister & Wain to build the MS Selandia, the world's first oceangoing motorship. The East Asiatic Company expanded further, opening branch offices all over the world, reaching 250 enterprises in over 50 countries.

Andersen remained in the position of executive director for four decades. At the time of his death, in 1937, the aggregate turnover of the company was exceeding 233 million kroner.