The invitation to Nordisk's founding meeting in Copenhagen said the purpose of the association would be “to work in the interest of the shipping industry”.
A key reason for its establishment was to organize shipowners in a common effort to avoid unreasonable charterparty clauses imposed by charterers in the prevailing poor market.
Nordisk has ever since been involved in the drafting of a large number of BIMCO documents, including Baltime, NYPE, Norwegian Saleform, Barecon, Shipman and Supplytime.
Nordisk's purpose is to act as a legal services provider for the clients who have registered ships and oil rigs with the club.
[citation needed] Chief executive from April 2021 is Mats E. Sæther and the chairman of the board is Jan Fredrik Meling.