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Norden signs long-term global contracts
Norden signs long-term global contracts
16-08-2019 12:00
NORDEN has contracted with Enviva to transport 1.3-1.5 million metric tons of wood pellets from the United States to Europe over a 6-year period. The Contract of Affreightment (CoA), which runs from 2021 to 2026, builds on NORDEN’s long-term collaboration with Enviva, which began in 2012 and expands the co-operation between the 2 companies.

Scandlines installs rotor sail on board ferry
17-08-2019 12:00
Scandlines has signed an agreement with Norsepower Oy Ltd, leading clean technology and engineering company pioneering modern wind propulsion technology, to install Norsepower’s Rotor Sail Solution on board the M/V Copenhagen, a hybrid passenger ferry.
Torm 1H pre-tax profit of 28,7m dollar
15-08-2019 12:00
The profit before tax for the first six months of 2019 amounted to USD 28.7m, compared to a loss of USD 7.5m I the first half of 2018. EBITDA for the half year ended 30 June 2019 was USD 102.1m, compared to USD 66.7m in 1H 2018.
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Maersk reports strong improvements
15-08-2019 10:00
A.P. Moller – Maersk delivers a 17% increase in earnings before interest, tax, depreciation and amortization (EBITDA) to USD 1.4 bn in Q2 compared to the same quarter last year. Revenue grew slightly to USD 9.6bn, which is on par with last year, and the underlying profit increased to USD 134m from USD 15m in Q2 2018.
Norden maintain the overall guidance
14-08-2019 12:00
Despite a loss in Dry Operator in the second quarter, NORDEN maintain the overall guidance of USD 25-60 million profit for 2019. The adjusted result for the first half-year of 2019 is a loss of 5 million dollar, compared to a profit of 12m dollar in H1 2018.
 DFDS hit by Brexit slowdown
13-08-2019 12:00
Rising uncertainty about Brexit is contributing to a considerable slowdown in UK trade as manufacturers and importers/exporters are adopting a wait-and-see approach to gain more visibility. In line with the stockpiling that took place in Q1 ahead of the previous Brexit date.

 New DFDS Executive Management member
12-08-2019 16:00
Anne-Christine Ahrenkiel (48) will join DFDS’ Executive Management team as the new EVP Chief People Officer. She will be responsible for the Human Resources Division, which will include responsibility for HR & Crewing departments, as well as Training & Development and Corporate Social Responsibility.

DFDS Dover – France route teams step up
03-08-2019 12:00
During the holiday period, high volumes of traffic arrive at the port of Dover, potentially causing major delays to holidaymakers. Even with months of planning, ensuring additional resources are in place and keeping DFDS customers informed with the latest live port and sailing information, obstacles are unavoidable.
Crown Seaways celebrates 25th anniversary
25-07-2019 12:00
On 26 July in 1994 Crown Seaways sailing between Oslo and Copenhagen, making a mark on both cities while carrying travellers, tourists and crew for so many great sailings and wonderful experiences.
Project Manager
20-07-2019 20:00
Do you want to use and share your technical knowledge to create the best solutions for our customers?
Do you want to make a difference in terms of environmental protection of the oceans?
We are experiencing great growth and we therefore want to expand our technical department with an ambitious and energetic Project Manager, who will take responsibility of the entire project management process from the technical clarification to the commissioning of our ballast water management systems, in close cooperation with our sales team and suppliers.
Project Manager
20-07-2019 20:00
Do you want to use and share your technical knowledge to create the best solutions for our customers?
Do you want to make a difference in terms of environmental protection of the oceans?
We are experiencing great growth and we therefore want to expand our technical department with an ambitious and energetic Project Manager, who will take responsibility of the entire project management process from the technical clarification to the commissioning of our ballast water management systems, in close cooperation with our sales team and suppliers.
 Danish merchant fleet the fifth largest
13-07-2019 12:00
Denmark has taken a step up on the list of the world's largest shipping nations measured on merchant ships operated by Danish shipping companies. Denmark is now ranked fifth in front of nations such as the United States, Germany and Great Britain

 Lauritzen Bulkers opens Dubai office
09-07-2019 12:00
Lauritzen Bulkers, the dry bulk division of J. Lauritzen, will open a new office in Dubai in August 2019 in addition to its offices in Copenhagen, Singapore and Stamford.

Commissioners meet with Danish Shipping
21-06-2019 12:00
On next Monday, two European Commissioners will come by Amaliegade and Danish Shipping’s headquarters to discuss the most important points of the Danish maritime shipping agenda in EU in the coming years.
ZIiton adds new vessel to O&M fleet
09-06-2019 12:00
Ziton has chartered MPI Enterprise on a bareboat agreement with Vroon until 31 March 2021. Ziton will then have the option to acquire the vessel. The fleet expansion is part of Zito’s strategy to meet changing market dynamics, in which offshore wind turbines with capacities of 7‐10 MW are increasingly commonplace.
Torm acquires four modern MR vessels
03-06-2019 12:00
Torm has agreed to buy four 2011-built MR vessels for a total consideration of USD 83m with expected delivery between August and December 2019. The vessels are built at the Korean yard Hyundai Mipo. Torm already has ten vessels in the fleet from Hyundai Mipo and has good technical and commercial experience with these vessels.
Maersk Product Tankers order 4 LR2s
30-05-2019 12:00
Maersk Product Tankers has confirmed the order for the remaining four of ten LR2 newbuildings from Dalian Shipyard. The order is part of an ongoing fleet renewal programme in the LR2 segment. The four tankers will be delivered in 2022.
 Kim Balle new CFO of Torm
29-05-2019 12:00
Kim Balle has been appointed Chief Financial Officer of Torm. Kim Balle has a background from the financial sector where he most recently held a position as Head of Corporate Banking in Danske Bank. In addition, Kim Balle currently holds a position as Group CFO in the private equity-owned Casa.

 Maersk Q1 net deficit of 69m dollar
24-05-2019 12:00
A.P. Moller - Maersk has closed the first quarter of 2019 with a 33% increase in earnings before interest, tax, depreciation and amortization (EBITDA) to USD 1.2bn while revenue grew by 2.5% to USD 9.5bn compared to Q1 2018.

Svitzer divests its Portuguese business
17-05-2019 12:00
Svitzer has signed an agreement to sell its Portuguese marine operations to Pioneiro do Rio, Serviços Maritimos, Lda., a company which has Mr. Rui Cruz, the current managing director of Svitzer Portugal, among its owners.
Maersk accelerates Logistics & Services
16-05-2019 12:00
As a next step for Maersk in the implementation of their strategy to offer end-to-end solutions to their customer, APM Terminals Inland Services will be integrated into Maersk Logistics & Services from 1 August 2019.
Maersk Tankers in sale and leaseback
15-05-2019 12:00
Maersk Product Tankers has entered a sale and leaseback agreement for four MR vessels built in 2015 and 2016 with the Industrial and Commercial Bank of China. Maersk will bareboat charter-in the vessels for a period of ten years and has continuous purchase options on the vessels.
Torm Q1 pre-tax profit of 23.5m dollar
14-05-2019 12:00
In the first quarter of 2019, Torm achieved a profit before tax of 23.5m dollar, compared to 1.1m dollar in the same quarter of 2018. EBITDA for the first quarter was 61.5m dollar, compared to 37.3m dollar in Q1 2018.
 DFDS opens new route
10-05-2019 12:00
DFDS to transport 700,000 tons of paper annually for paper producer Stora Enso on a new route between Gothenburg and Zeebrugge. DFDS will acquire two freight ferries for the service. The contract runs for a minimum of five years. DFDS will increase weekly departures between Sweden and Belgium from 8 to 12.

 DFDS Q1 profit lower due to Easter
09-05-2019 12:00
In Q1, revenue increased 11% to DKK 3.9bn driven by the expansion in the Mediterranean and stockpiling in UK ahead of the initial Brexit-date end of March. The Easter timing difference vs 2018 lowered passenger revenue.

Clipper Bulk cuts 40 jobs
06-05-2019 12:00
To simplify its operational and administrative set-up, Clipper Bulk cuts approximately 40 out of 140 jobs ashore, 12 in Houston, Hong Kong, Tokyo and Nassau and the remaining at the head office in Copenhagen.
DFDS signs contract for new headquarters
04-05-2019 12:00
DFDS and the pension fund investor PensionDanmarkhas signed an agreement to build new head office for DFDS at Marmorvej near the Copenhagen – Oslo route’s terminal. The new head office will be constructed by PensionDanmark and rented by DFDS
Maersk Supply Service appoints new chairman
02-05-2019 12:00
Henriette Thygesen has been appointed new Chairman of The Board of Directors of Maersk Supply Service as of 1 June 2019. Current Chairman of Maersk Supply Service and Vice CEO of A.P. Moller – Maersk Claus V. Hemmingsen will leave A.P. Moller – Maersk end June having concluded on the separation of the oil and oil-related companies.
DFDS invests in biofuel producer
27-04-2019 21:43
DFDS will hopefully in due time be using climate-friendly biofuel to propel its ships. This is thanks to an investment of up to DKK 10 million in MASH Energy, a company that has developed an efficient, low-cost method of producing biofuel from a waste product, currently from the by-products of nut processing in Tanzania and India. The plan is now to prepare a test of the fuel in a ship’s engine.
 Svitzer expands in northeast Brazil
23-04-2019 12:00
Svitzer is starting to operate two new tugs in Vitoria as the towage company deepens its presence in the southeast of Brazil. Vitoria represents the start to Svitzer’s second phase of expansion in Brazil. The first phase between 2015 and 2018 focused on the southeast and south of the country but the company now has its eye on potential opportunities in the northeast too.

 New Tanker Shipping Company In Denmark
19-04-2019 12:00
The newly established ship management, Cornerstone Maritime is pleased to announce the take over of its first ship to the fleet – effective from 10th May 2019. Cornerstone is going to act as Commercial Managers and will be handling all chartering and operations of M/T IERAX (built 1998 / dwt 15,885 mts). She is furthermore Ice Class 1A.

Royal Arctic Line in cooperation Agreement
17-04-2019 12:00
The Icelandic Competition Authority has approved exemption for the cooperation between the national carrier of Greenland - Royal Arctic Line - and Icelandic carrier Eimskip. The cooperation is subject to certain conditions made by the Icelandic Competition Authority.
Maersk Supply teams up with Eniram
11-04-2019 12:00
Maersk Supply Service has signed a contract with Eniram, a Wärtsilä company, to install an Energy Advisory System on its vessels. The system will use high quality data to optimise operations and save fuel in real time, lowering the company’s carbon footprint and fuel costs for customers.
Sale of Nordic Ruth - Failed
08-04-2019 12:00
With reference to Company Announcement 1/2019 Nordic Shipholding A/S regrets to announce that the Buyers under the Sale and Purchase Memorandum of Agreement entered into by Nordic Ruth Pte. Ltd., a wholly-owned subsidiary of Nordic Shipholding A/S, as Sellers on 26 February 2019; have not honoured their obligation.
Claus V. Hemmingsen to leave Maersk
03-04-2019 12:00
Claus V. Hemmingsen will step down as Vice CEO of A.P. Moller - Maersk and CEO of the Energy division, having successfully concluded the separation of Maersk Tankers, Maersk Oil and Maersk Drilling as part of the transformation initiated in 2016 to focus A.P. Moller - Maersk on becoming the global integrator of container logistics.
 Monjasa Delivers Positive Result for 2018
02-04-2019 12:00
The 2018 Annual Report shows 17% increase in sales volume reaching 4.1m tonnes of marine fuels and a positive net result of USD 5m. Coupled with the entry of new banking partners and closer relations with oil majors, the Monjasa Group improved its business fundamentals during the year.

 Maersk sells Hamburg Süd subsidiarie
01-04-2019 12:00
Maersk owned Hamburg Süd have completed the sale of Hamburg Süd’s dry bulk shipping business, which includes Rudolf A. Oetker, and the bulk activities in Furness Withy and Aliança Navegação e Logística, to The China Navigation Company after receiving regulatory approval.

Maersk retain Maersk Supply Service
29-03-2019 09:00
The A.P. Moller - Maersk Board of Directors has decided to retain full ownership of Maersk Supply Service. Maersk has so far tried to find a sustainable ownership structure for Maersk Supply Service outside of A.P. Moller – Maersk.
JD-Contractor welcomes Assister
27-03-2019 12:00
By the end of 2018 JD-Contractors A/S’s sister company JD Crafts A/S purchased the vessel Maersk Assister from Maersk Supply Services. The vessel has been renamed “Assister” and will be operated commercially by JD-Contractor A/S.
NORDEN sells 4 dry cargo vessels
26-03-2019 12:00
In the last couple of weeks, Dampskibsselskabet NORDEN A/S has sold off 4 dry cargo vessels as, among other things, a part of the strategy of becoming increasingly asset light and reduce the owned fleet to a tradable size.
Maersk in Sustainable Growth partnership
23-03-2019 12:00
Convinced of the urgency to act on climate, a group of Dutch multinationals - FrieslandCampina, Heineken, Philips, DSM, Shell and Unilever - all members of the Dutch Sustainable Growth Coalition, join forces with Maersk to take a tangible step towards the decarbonization of ocean shipping.
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