Maersk Broker: Very active first half of 2018
The first half of 2018 has been very active indeed for Maersk Broker. Most of the main tonnage segments are still faced with considerable challenges, and Maersk Brokers role – and ambitions – are clearly to improve our engagement and service to the extent that they can qualify as partners and consultants.
Another shipping company cut ties with Iran |
Due to USA’s threatening sanctions against Iran, French shipping company CMA CMG has decided to pull the plug on their shipping routes to the country. Earlier this year in May, Maersk Line announced that they were stopping their operations in the country.
New Samsø ferry requires 5-7 million dkr|
A new express route sailing between Aarhus and Samsø requires an annual grant of a number between 4.7 and 7 million. This is the conclusion of a the market research that the municipality of Samsø requested, in order to determine whether Samsø should have another sailing route.
Fire on windmill ship in Esbjerg|
10 people have been hospitalized due to a case of smoke poisoning, which occurred due to a fire that broke out on a windmill ship in the port of Esbjerg, this morning informs the police of South and South Jutland. Several helicopters were called to the scene.
Shore power is great, but expensive|
It is currently tourist season for cruise ships and therefore also high season for pollution stemming from cruise ships in the cities surrounding the waters. Shore power could be the solution that would reduce this pollution, but it would be too expensive to establish, according to experts in the field.
|Norden sells older oil tanker|
Danish shipping company Norden has sold one of their older model oil tankers, according to sources in the field. Shipbrokers believe that it is the 40.100-DWT Nord Farer tanker (Build in 2005) that now has a new owner, after a deal of 11,5 million dollars has been closed.
|Cosco completes OOCL acquisition|
The government-owned CoscoCS has gone public about their acquisition of OOCL for 6.3 billion dollars the day close to the deadline of 30 June. Last Friday OOCL announced, that the Chinese Government’s Anti-Monopoly Authority would not ban the transaction from happening.
BWS enters new one-stop-shop partnership|
A new partnership deal between Blue Water Shipping and Fowlco Ltd means that the two companies are now able to offer a one-stop-shop solution in Freeport, Bahamas to all cruise ship companies. This will happen by combining global experience and local expertise in dry dock logistics.
We would do the same thing again|
Even Though it has created problems for Maersk Line, that the shipping company’s container ship Alexander Maersk picked up 113 migrants in the Mediterranean Sea on the night to Friday, and did not get permission to free them before four days later, the company will not hesitate to pick up people in need in the future.
DFDS’ new ro/ro's taking shape|
Progress is taken place in the building of the first out of five new freight ferries that DFDS have ordered from Chinese shipyard Jinling Shipyard. The main engine has been installed and the hull has been closed. The canal locks at the dock are expected to open In three weeks. Until then the work will concentrate on the aft where the rudder and propeller are to be installed.
Torm goes for scrubbers|
Danish tanker shipping company Torm has decided to install scrubber systems onboard 13 ships that the company has ordered for delivery between 2018-2020. This order consists of seven MR-product tankers, four LR 2 and two LR1 tankers. All ships were ordered from CSSC Offshore & Marine Engineering.
|CMA CGM buys Finnish Containerships|
The French container giant CMA CGM has decided to buy the Finnish company Containerships, a company that specializes in servicing the intra-European market, World Maritime News writes. Containerships is a logistics company that, in addition to a 15-vessel fleet, also owns trucks and terminals.
|The Ærøexpress begins building new ferry|
The board of the Ærøexpress has lifted the finance restraints in the contract with Danish company Hvide Sande Shipyard A/S regarding the building of a new ferry. This means that a new ferry crossing on the Marstal-Rudkøbing route will now become a reality, the board reports in a press release.
Fast Ferry between Lolland and Langeland|
A fast ferry between Lolland and Langeland is on its way, and Liberal left-wing politician Erling Bonnesen promises that it will become a reality while he is still in the Danish Parliament. The ferry service is close to being a reality, but it could still take a while before the project is completely ready, TV 2 / Funen writes.
Maersk Tankers gets new advanced tool |
After working together for less than a year, Maersk Tankers and technology partner CargoMetrics presented the first result of their collaboration. Maersk Tanker's Chief Strategy and Transformation Officer, Søren C. Meyer, perceives the new software tool to be a "big step" in Maersk Tanker's digital efforts.
Pragmatic access to sulfur rules is necessary|
A group consisting of the world's largest shipping organizations - Bimco, ICS, Intercargo, Intertanko and WSC - urges harbor states to be "pragmatic" in relation to compliance with the new sulfur regulations from 2020.
Environmentalist criticises cruise ships|
Cruise tourism is booming - also in Danish harbors - but big ships are dangerous to the surroundings, according to the Danish organization Det Økologiske Råd (the Ecological Council). It is the smoke that prevails from the ships that can become a health risk, the organization believes.
|31 fresh graduates from Rybners|
On Friday, June 15, 2018, the Danish Ship Brokers Association and Rybner Business School hosted the annual graduation for shipping students who started in Rybner in 2016. The tradition was kept alive as the event was held in Amaliegade 33, the home of the Danish Ship Brokers Association.
|Maersk will be in competition with itself|
A.P. Møller – Maersks subsidiary Damco wants to establish a rail transport service between China and Europe that will cut transport time for containers shipped by ships with 20 days. The new service will thereby be in direct competition with Maersk Lines container ships.
Problems take toll on value of Maersk brand. |
For the last couple of years, Maersk has been short of good news, and this has had an effect on the companys’s brand, a new survey shows. Although, Maersk is not the only Danish company to lose value on the top 10 list. But another Danish logistics company is experiencing Progress.
Maersk closes major deal|
Norwegian maritime insurance company Gard has taken over the insurance of more than 800 Maersk vessels from the UK company XL Catlin, TradeWinds writes. The insurance company has offered Maersk better conditions than the former English partner of many years.
Maersk's fleet is second most valuable|
A.P. Møller - Maersk has the world's second most valuable fleet only surpassed by Chinese Cosco Shipping. Number three on the list is Norway's wealthiest man, John Fredriksen, figures from VesselValue show.
Maersk’s goals might be too optimistic|
Investment bank Carnegie does not believe that A.P. Møller - Maersk can live up to its expectations of an operating profit result of 4-5 billion dollars for of 2018, seeing as freight rates have been significantly lower in 2018 compared to last year, Danish business paper Børsen writes.
|Shipping companies have lost profit maker|
The highly pressured shipping companies have lost the opportunity to make large amounts of money from the purchase and sale of ships, which has for many years been the source of billion kroner incomes.
|Color Line buys subsidiary company |
The Norwegian ro-pax shipping company Color Line Transport has bought the subsidiary company Kristiansand Line for 71 million dollasr off ONS Ship Finance. The purchase also includes th 37.000 gt ferrye Superspeed 1.
Sundbus Jeppe returns to Helsingør|
14 years after the Sundbus Jeppe left the Helsingør-Helsingborg crossing, it now returns to its route to deliver a half an hour trip between the two cities. The Danish shipping line Sundbusserne has bought the ferry from Spar Shipping, and the purchase is at the same time the start of an extended partnership between the two shipping companies.
Clipper Group A/S deficit of 121 mio. kr.|
Clipper Group’s Danish department, Clipper Group A/S which includes Danske Færger, made it out of 2017 with a deficit of 121 million Danish kroner against a deficit of 83 million the preceding year. Reasons behind the deficit include depreciations of ship values and loss in sale of ships.
Danish Ship Register sets new record|
Between the tow companies, Danish shipping company’s Torm and Norden now have 11 ships sailing under Danish flag. This means that the historical development continues, which in May 2018 led the Danish International Ship Register to reach 20 million gross tonnage for the first time ever and are now the fastest growing ship register in the world.
Issehoved returns to Samsø|
Sundbusserne and MarCore Shipping, who are the owners of the former Samsø ferry Issehoved, will be reinforced on its route between Aarhus and Samsø. The ferry will sail the route for a period of three months to start with. This period could be extended if it proves to be commercially succesful.
|Prince Joachim participates in Folk Meeting|
The Danish shipping organization Det Blå Danmark will as usual be welcoming the Danish political festival Folkemødet (Folk Meeting) onboard the passenger ship named Postboat Peter in the Port of Allinge. The passenger ship will function as forum for a long list of debates, and will even be paid a royal visit on Friday June 15, when H.R.H Prince Joachim of Denmark opens and participates in the debate ’Blue growth and world measurements’.
|Smedegaard chairman of Danish Shipping|
At Danish Shipping’s Annual General Meeting today, 24 May, Niels Smedegaard was elected Chairman of the association after Claus V. Hemmingsen, Vice CEO of A.P-Moller-Maersk and CEO of the Energy division, who is stepping down as a result of the rotation principle adopted by the association.
Maersk plans to repair burned ship|
Maersk Line plans to repair the container vessel Maersk Honam that fell victim to a large fire earlier this year in March, which took the lives of five crewmembers and caused severe damage to the ship and freight onboard.
Search for man overboard is in progress|
The Danish Defence's Operation Center began a search at 02.05 o'clock Friday for a man who was seen fall overboard on Thursday by several crewmembers onboard the cargo ship Chris located south of Amager, the Danish Defence's watchman informs.
Maersk Line enforces new bunker surcharge|
The price on oil is sky rocketing to the highest level since 2014 and this means that Maersk Line similar to their partners is the 2M-network, MSC, are enforcing a special supplement on fuel, Emergency Bunker Subcharge, the shipping company has informed.
Danish start-up to increase sea-safety|
KMD has invested in the Danish start-up company Scoutbase, who in close cooperation with DFDS are in the process of developing a digital communication system, which will help create better safety on sea before ships sail of.
|Sailing safety in Kattegat increases|
The International Maritime Organization’s sea safety committee has adopted the Danish-Swedish proposal of new sailing routes in Kattegat and Skagerrak. The development has meant that the ships that currently sail through these waters are bigger then what the route systems were originally intended for.
|Maersk stock drops with 10 pct.|
The deficit of 239 million dollars of the first quarter in the continuing part of A.P. Møller – Maersk disappoints investors, who have made the stock drop by 9,6 percent after one hour of trade. The Chief Executive refers to the result as ”Dissatisfying”.
Scandlines celebrates 55 years on Fehmern|
It is now 55 years ago the ferry route between Rødby and Puttgarden was established. Since then 294 million passengers between Denmark and Germany have been transported on the ferry route, which was originally an operation started by Danish King Frederik the 9th.
Maersk-CEO wanted to buy DONG Energy|
Back in spring of 2016, Former CEO of A.P. Møller - Maersk, Nils Smedegaard Andersen, had plans of buying Dong Energy, which shortly after was listed at 100 mia. Danish kroner, writes Berlingske Business on the basis of several sources.
Hafnia Tankers Books First Quarter Profit|
Hafnia generated an operating profit for the three months ended March 31, 2018 of $7.7 million and a net profit of $0.4 million. The book value of the fleet, as of March 31, 2018 was $1,018.3 million.
Celsius buys Kirk Kapitals tanker ships|
The Danish shipping company Celsius Shipping has bought four tankers from Kirk Kapital, which means that the company no longer has any connection with shipping. Kirk sold two other tankers to the Danish shipowner company Norden last month. Kirk Kapital, the owner of the Lego family, lost 224 million Danish kroner last year on its shipping activities.