Safe and timely delivery of buoys
Through detailed planning and thorough studies, Blue Water’s Project & Chartering team including our Transport Engineering experts executed two shipments of CALM Buoys from Penglai, China to Daesan, South Korea. Shipment took place in April and May in co-operation with BBC Chartering
Maersk Drilling CFO quits his job|
Maersk Drilling’s Chief Financial Officer, Jesper Ridder Olsen, has decided to pursue another opportunity outside Maersk Drilling and will leave the company by end January 2021 at the latest. Jesper Ridder Olsen was appointed CFO and member of Executive Management in Maersk Drilling in 2018.
Corona crisis affectes Port of Aarhus|
In the first half of 2020, the corona crisis affected turnover for the Port of Aarhus. A statement of the total freight turnover shows a drop of 5% as compared to last year. In actual figures, the turnover of goods decreased from 4.5 million tons in the first half of 2019 to 4.3 million tons in the corresponding period in 2020.
Maersk Drilling invests in green technology|
Maersk Drilling has entered an agreement to invest USD 1m in the California-based company Clean Energy Systems to help develop a new technology called Carbon-Negative Energy. The agreement gives Maersk Drilling an option to offset the emissions resulting from drilling for its customers or for the company itself.
New Maersk digital supply chain platform|
To further assist small and medium sized businesses with the complexity of managing their supply chains, Maersk is launching Maersk Flow - a digital platform which provides customers and their partners with everything they need to take control of their supply chain, from factory to market.
|Wrist expands branches in Spain|
To strengthen its global warehouse and logistics network even further, Wrist Ship Supply is opening new facilities in Valencia, extending their reach in Spain to support existing operations in Algeciras and Las Palmas.
|Swire Blue Ocean clinches contract|
Swire Blue Ocean has been selected by MHI Vestas Offshore Wind for the transportation and installation of wind turbine generators at the Seagreen offshore windfarm in Scotland, for which SSE Renewables and Total reached FID on 3rd June 2020.
Danish marine suppliers consolidate|
Weilbach, Vento Maritime and Force Technology previously dealt with their customers separately, but these three suppliers of the marine industry have just sent a joint digital route optimisation solution to the market. They want their collaboration to lay a stronger groundwork for sales to shipping industry markets in Denmark and abroad.
E4C Shipping Pte Ltd places first order|
The newly-formed joint venture company E4C Shipping Pte Ltd, is pleased to confirm an order of 2 - 4 MR product to be built by Hyundai Mipo Dockyard Ltd. E4C is comprised of entities and individuals affiliated with ECCO Holding, Gunvor Group Ltd and Dee4 Capital Partners.
Help for stranded seafarers|
The government, together with Danish Shipping, the maritime section of the Danish Metalworkers' Union and the Danish Engineers' Association, has found a solution whereby stranded seafarers on board Danish ships can come home.
Maersk Drilling awarded one-well contract|
Maersk Drilling has secured an additional one-well contract from Aker BP, acting as operator of the Tambar license, for the low-emission jack-up rig Maersk Integrator. The contract has an estimated duration of 73 days and a contract value of approximately USD 18.5m.
|Drones monitor emissions in Danish waters|
The Danish authorities have requested once again EMSA’s Remotely Piloted Aircraft System services to support the monitoring of ship emissions around the area of the Great Belt. The RPAS will specifically measure the ships’ sulphur emissions to check compliance with EU rules governing the sulphur content of marine fuel.
|Closed borders – closed minds|
It was positive that notable maritime nations attended and pledged support, and there has been encouraging news since then. BIMCO is, however, concerned about the number of participants and the lack of timescales for concrete actions.
Denmark keeps its fifth place|
The Danish merchant fleet is still the fifth largest in the world. New figures from Danish Shipping show that the aggregated Danish merchant fleet as from 1 July is at the same level as last year – it amounts to 64.2m GT divided between 2,064 vessels.
DFDS reopens Amsterdam – Newcastle|
Following the announcements from the UK government about the lifting of quarantine restrictions and the restart of travel to many other countries, DFDS is resuming sailings between Amsterdam and Newcastle.
Important EU-decision postponed|
The European Parliament has decided that they will not use 2018 as baseline to calculate the shipping companies’ CO2 reductions. Instead the final decision shall be made by the European Commission.
Svitzer strengthens its leadership team|
Global towage operator and part of Maersk, Svitzer A/S, is further strengthening its global leadership team with the appointment of 54-year old Lars Even Rasmussen as new global Head of HR.
|Bunker Holding reach record-setting result|
Bunker Holding has recorded its best-ever annual result, consolidating its position as the world’s leading bunkering company, and bolstering it against a turbulent and unpredictable year ahead.
|Lauritzen split Bulkers and Kosan|
J. Lauritzen has successfully completed its plan to establish its businesses as independent companies, Lauritzen Kosan A/S and Lauritzen Bulkers A/S. This will give flexibility for the two companies to develop their businesses as announced in conjunction with the publication of J. Lauritzen’s Annual Report for 2019.
Modernization of Danish Shipping routes|
As of 1 July, new shipping routes in Kattegat and Skagerrak are implemented. At the same time, digital solutions are deployed with the use of virtual buoys. Virtual AIS buoys are different from traditional buoys as the buoy does not exist physically in the water, but is only visible on the ships' navigation equipment.
NORDEN orders newbuildings |
NORDEN has entered into a newbuilding contract with Nantong Cosco Khi Ship Engineering Co. (“NACKS”) for 4 x 61,000 dwt dry cargo “Ultramax” ships, expected to deliver during 2022.
Offshore wind secures thousands of jobs|
Every time one gigawatt of offshore wind is set up in Denmark, 14,600 full-time equivalent jobs are secured in Danish companies. This are the findings of a new study, which for the first time has examined in detail the national and local economic effects
Maersk Advancer and Maersk Asserter sold |
Due to the current market situation and the global over-supply of offshore supply vessels, Maersk Supply Service has decided to divest two of its older assets – the Anchor Handler Tug Supply Vessels Maersk Advancer and Maersk Asserter
|Maersk Drilling joins CO2 storage consortium|
Maersk Drilling is joining a new CO2 storage consortium formed by INEOS Oil & Gas Denmark and Wintershall Dea. The consortium targets the development of CO2 storage capacity offshore Denmark based on reusing discontinued offshore oil and gas fields for permanent CO2 storage.
|Norden in new product tanker partnership|
Two of the world’s largest owners/operators of product tankers, NORDEN and Diamond S Shipping Inc. have today created a strategic partnership, DiaNor, to facilitate the commercial consolidation of the product tanker industry.
Greenlandic traffic to Aarhus Port|
On June 12 for the first time ever in regular service, the Greenlandic shipping company Royal Arctic Line docked in the Port of Aarhus. With this new cooperation the Greenlandic shipping company wish to make it easier to trade with Greenland and for the Port of Aarhus it is at the same time a result of many years of work to get the Greenlandic traffic to Aarhus.
Belgia and Gothia Seaways get new ramp|
Belgia Seaways and Gothia Seaways are having a movable ramp installed while dry-docked in Poland. The delivery of the 90 tonne ramp for Belgia took place on 2 June, and as the picture shows, it was no small operation. The ramp will connect Decks 2 and 3, and enable the ship to load Deck 3 via the normal aft ramp.
Bunker One expands its fleet |
Bunker One is strengthening its portfolio in the US Gulf, the Caribbean, and West Africa. The new expansions are a part of Bunker One’s strategy to increase its activities and investments around the globe.
Maersk Supply Service to reduce onshore|
In response to the negative development in the oil and gas industry, Maersk Supply Service has announced that it will reduce its onshore costs by 30 percent. Approximately 55 people will be affected globally, with the majority being in the Headquarters in Lyngby, Denmark.
|DFDS’ Operating profit 10% down|
DFDS’ operating result for the first quarter of 2020 was affected by the coronavirus pandemic that impacted their business from March and resulted in a drop in revenues of 1%. Operating profit was 610 million kroner, which is 10% down from the first quarter of last year.
|Maersk Drilling revises financial guidance|
Maersk Drilling has re-assessed the commercial and operational assumptions underlying the financial forecasts for 2020 and revises its guidance for 2020 for EBITDA before special items to 250-300m dollar - previous guidance of 325-375m dollar.
Take a tour on Humbria Seaways|
Humbria Seaways offers the capacity for 450 trailers making her the largest ferry in the DFDS fleet alongside her sisters. The mega freight ferries are so large that if you feel like taking a nice walk on every lane on every deck, you will cover impressive 6,7 kilometres.
Norden: Strong start to the year|
The Danish operator of bulkers and tankers, Norden, recorded a profit of 27,7 million dollar in Q1 2020, compared to a loss of 5,3 million dollar for the first three months of 2019. Norden revises its guidance for the year-end result upwards by 10 million dollars.
Maersk Drilling secures 11-month extension|
Maersk Drilling has been awarded a four-well extension for the jack-up rig Maersk Intrepid to continue working for Equinor offshore Norway. The extension continues the rig’s current workscope at the Martin Linge field.
DFDS adapts Northern Baltic ferry services|
DFDS reorganizes sailings in the Northern Baltic to adapt to the pandemic. The Danish ferry operator has decided to reduce the number of sailings by almost a half between the Estonian port of Paldiski and the Finnish port of Hanko, following reduced demand on the route.
|Scandlines installs rotor sail on board ferry|
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.
|Norden signs long-term global contracts|
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.
Torm 1H pre-tax profit of 28,7m dollar|
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.
Maersk reports strong improvements|
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|
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|
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.