Maersk: Change of Executive Board
The Board of Directors at A.P. Møller - Mærsk A/S has decided to appoint Navneet Kapoor as Executive Vice President and new member of the Executive Board, A.P. Møller - Mærsk effective 1 April 2021.
Nuclear power barges clears first milestone|
The American Bureau of Shipping has issued a Feasibility Statement for the Compact Molten Salt Reactor developed by Danish nuclear company Seaborg Technologies. The Feasibility Statement is the first milestone in the ABS New Technology Qualification process.
Maersk Supply Service fined for towing|
Maersk Supply Service has received and accepted a fine of DKK150,000 from The Danish Police for grossly negligent breach of the Danish regulations relating to safe navigation. The fine concerns the loss of the two vessels Maersk Searcher and Maersk Shipper, in December 2016.
Lauritzen Bulkers lost 18m dollar|
On 1 July 2020, Lauritzen Bulkers was established as an independent company wholly owned by J. Lauritzen, with economic effect retroactively from 1 January 2020. The aim of this restructuring was to provide the best conditions for the continued development of the bulk business's activities.
Denmark will deploy a frigate in West Africa|
A Danish frigate is scheduled to head south for the Gulf of Guinea, off the coast of West Africa, in the autumn. The area is heavily plagued by piracy and kidnappings, and is rightly described as the world’s most dangerous waters.
|Maersk Supply Service: New Board member |
Maersk Supply Service has appointed Philippe Kavafyan as a new member of its Board of Directors. As former CEO of MHI Vestas Offshore Wind, Kavafyan comes with in-depth knowledge about the offshore wind industry.
|OSM establishes office in Copenhagen|
Leading ship management company OSM Maritime establishes a strategic technical management vehicle in Copenhagen for chemical tanker owners and operators and aims for a high-quality fleet of 30 vessels within three years.
Maersk Product Tankers net profit of 160.7m|
An acceleration of the company’s strategy and strong markets in the first half of the year led to Maersk Product Tankers recording a significant increase in profits in 2020.
Additional ferry on Rosslare - Dunkerque|
On the 1st April, DFDS will introduce a fourth freight ferry to the successful direct ferry service between Rosslare Europort in Ireland and the Grand Port of Dunkerque in Northern France. The new freight ferry is DFDS’ Ark Dania with a capacity of 188 truck units.
Norden: Best result in 10 years|
Norden posted an adjusted result of 106 million dollar in 2020, compared with 23 million dollar in 2019. The Asset Management result was 29 million dollar, Dry Operator 59 million dollar and Tanker Operator 18 million dollar.
Piracy on the agenda at the IMO|
The world's most dangerous waters, the Gulf of Guinea off the coast of West Africa, are now a major topic on the agenda of the United Nations' International Maritime Organization, the IMO. The topic is to be discussed at the next meeting of the Maritime Safety Committee in May.
|Maersk Tankers and Cargill team up|
Maersk Tankers and Cargill are embarking on a strategic partnership to combine their bunker volumes, offering a new bunker procurement service to tramp shipping companies and trading houses. The initial goal is to procure bunker fuel for Cargill and Maersk Tankers’ combined fleet, while aiming to attract additional customers.
|Denmark strengthens its arctic defence|
The Danish Government and some of the opposition parties in the Danish Parlament have entered into a framework agreement on the strengthening of the Danish Defence capabilities in the Arctic and the North Atlantic.
Maersk delivers strong results in 2020|
2020 has been a solid year for A.P. Moller - Maersk, both in terms of financial performance and in transforming the company. Despite low volumes during most of 2020, profitability grew throughout the first nine months and ended the year with record Q4 results.
Smyril Line invests in ferry retrofit|
In collaboration with naval architects Hauschildt Marine and shipyard Fayard, Smyril Line’s ro-pax ship Norröna has been retrofitted with more luxurious facilities. The retrofit involves 50 new luxury cabins being added. Room for the luxury cabins was found by moving the crew’s cabins to a different location.
DFDS Cuxhaven-Immingham upgraded|
DFDS has started an upgraded scheduled for its Cuxhaven-Immingham. It includes an additional departure from both ports during evening hours and a reduced 19-hour sailing time. Selandia Seaways and Britannia Seaways serve the route.
Change at the helm of Hamburg Süd|
Hamburg Süd nhas successfully established its brand as part of A.P. Moller-Maersk. Since Hamburg Süd was acquired, the company has been gradually integrating and realising significant synergies at the same time as keeping local empowerment.
|Maersk Supply Service appoints new CFO|
Michael Koefoed will take on the role of Chief Financial Officer (CFO) in Maersk Supply Service as of 15 March 2021. Michael Koefoed, currently Head of Funding and Markets in A.P. Møller-Maersk, will replace Karl Thorngren who has decided to pursue new opportunities outside the corporate world.
|Norden joins call to end crew change crisis|
Norden has today joined over 300 organisations across the maritime value chain – including Mærsk, BP, BW, Cargill, COSCO, DOW, Rio Tinto, Shell and Trafigura – in signing the Neptune Declaration on Seafarer Wellbeing and Crew Change.
DFDS acquires HSF Logistics|
DFDS has entered into an agreement to acquire HSF Logistics Group, one of Europe’s leading cold chain logistics providers to meat producers and other food producers that operates temperature-controlled supply chains.
Raising security in the Gulf of Guinea|
With the appointment of a new special representative for maritime security, the government is demonstrating that Denmark is taking the lead in securing the right to free navigation. Not least in the Gulf of Guinea, where there have been several pirate attacks on Danish ships.
Scandia Seaways departs from Jinling|
After three and a half years, Scandia Seaways, the sixth and final DFDS mega freight ferry from Jinling Shipyard, could finally set course towards Singapore and afterwards Europe. This marks the conclusion of an extensive project that saw the delivery of Ephesus Seaways, Troy Seaways, Hollandia Seaways, Humbria Seaways, Flandria Seaways and now Scandia Seaways.
Maersk Supply Service steps up commitment|
A.P. Møller-Maersk has extended its partnership with The Ocean Cleanup for three years, and Maersk Supply Service will continue to provide marine sup-port to rid the ocean for plastic. At the same time, Maersk Supply Service is launching a Plastic Policy to increase its focus on how it can reduce plastic waste from its own operations and supply chain.
|Brian Thorsted Hansen CEO of Fjord Line|
The Board of Directors at Fjord Line - Norway's second largest shipping company in international passengers' traffic and freight transportation, that runs four ferries between Norway, Denmark and Sweden - has appointed Brian Thorsted Hansen as the new CEO .
|Engine fire on Maersk Elba|
On Dec 26 at 2.50 local time the 13.600 TEU Danish containervessel Maersk Elba reported a fire in the engine room, while enroute from Colombo to Felixstowe. All crew is safe and accounted for. The vessel is now safe at anchor south of Portugal.
DFDS continues operating Channel ferries|
Since France opened its borders for freight drivers with a negative Covid-19 testDFDS has had capacity to ship up to 4,000 trucks across the English Channel on its Dover-Dunkirk and Dover-Calais routes. However, due to the logistical issues they have only been able to transport 144 trucks out of Dover.
Lauritzen Kosan and Epic Gas merges|
Lauritzen Kosan, the gas carrier division of J. Lauritzen, have entered into a transaction agreement with Epic Gas - a leading LPG shipping company to - combine their fleet and business activities to create BW Epic Kosan.
Loan extension for Nordic Shipholding|
Following successful negotiations between the major shareholder, management and the lenders, an agreement has been reached with the lenders for an extension of the Company’s loan facility by another year to 31 December 2021.
DFDS freight up 17% in November|
November was a very busy month for DFDS Freight, especially on the UK routes. The logistics activities to the UK have likewise been very busy in November. The high growth percentages vs 2019 should however recall, that uncertainty about Brexit slowed trading down in November 2019.
|More freight shift from road to sea|
The European Commission presented a strategy for a greener transport sector which will contribute to the EU achieving the goals of the European Green Deal. When building materials, containers or animal feed need to be transported within the EU, this will increasingly take place on ships.
|Svitzer Europe appoints new COO|
Svitzer Europe has announced that Mattias Hellström has taken up the role of Chief Commercial Officer from 1st December . He has more than 25 years of experience in shipping and towage, and joined Svitzer Europe in 2014 as Managing Director for Scandinavia. His role expanded to cover Svitzer’s important operation in Germany in 2017.
New direct DFDS Ireland – EU route|
The new route will offer customers in the Republic of Ireland and on the Continent the opportunity to transport their goods directly to or from other EU countries without customs formalities, additional costs and possible waiting times.
New contract with Danish Defence|
DFDS has signed a new agreement with the Danish Defence. It means that DFDS must make ships available for maritime transport of military equipment when requested by the Danish Defence.or German military forces.
Concerned minister met with shipping|
Danish Minister of Defence Trine Bramsen met with Jacob Meldgaard, Chairman of Danish Shipping and CEO of Torm. The only item on the agenda was the security situation in the Gulf of Guinea, which is being ravaged by piracy.
DFDS profit dropped 59 % in Q3|
DFDS passenger business was severely hit by COVID-19 travel restrictions in Q3. However, the result is better than originally expected, as the freight businesses of both Ferry and Logistics were above last year’s Q3 results.
|Torm profit of 1m dollar in Q3|
In the third quarter of 2020, TORM achieved TCE rates of USD/day 16,762 – compared to USD/day 13,392 for the same period in 2019. EBITDA was USD 43.4m, compared to USD 32.0m for the same period in 2019. EBITDA was negatively impacted by a non-recurring IAS standard provision of USD 8m related to cargo claims.
|Falcon joins Dania Ship Management|
Dania Ship Management plans to extend its ship management capabilities in a partnership agreement with Falcon Maritime Group. The new relationship strengthens the commitment to create a compelling platform for Copenhagen based ship management solutions.
DFDS ensures essential transport to the UK|
The UK Government has agreed contracts worth GBP 77.6 million in total with four ferry companies to ensure ferry capacity for transport of vital goods like medicine and food during the first few months after the end of the Brexit transition period. DFDS is one of four companies.
Svitzer appoints new global COO|
Ingrid Uppelschoten Snelderwaard will take up the role as global COO of Svitzer, reporting to CEO Kasper Friis Nilaus. Ingrid Uppelschoten Snelderwaard joins Svitzer from her current position as Global Head of Equipment and VP at Maersk and takes over from Svitzer’s current COO, Leonardo Sonzio, who will be moving on to become Maersk's Head of Fleet Operations.
Svitzer to commence operations in Emden|
Svitzer Europe will start a new towage operation in the seaport of Emden - Germany’s third-largest North Sea port - from 1st January 2021, the company has announced today. The expansion into Germany’s third-largest North Sea port comes as next step in Svitzer’s sustained growth strategy.
Norden seizes tanker market opportunities|
Norden has completed the sale of product tanker Nord Andes to an Asian buyer. The sale of Nord Andes comes just 10 months after the vessel was purchased by Norden in December 2019, and underlines Norden’s strategy to be an asset-trading company.