Another good year in DESMI
The net revenue for DESMI of 2020 was in total DKK 1,296 billion, EBITDA amounts to DKK 184,5 million, and with a profit before tax of DKK 157,2 million this is the second-best annual result ever in the 186 years of DESMI history.
Everfuel signs MOU for hydrogen supply|
Everfuel A/S has signed a Memorandum of Understanding (MOU) with an undisclosed German-Norwegian shipping company for collaboration on hydrogen supply to a new zeroemission shipping solution.The two parties are exploring a cooperation whereby Everfuel will be responsible for delivery of hydrogen, including planning, installation and operation of an optimized, scalable fueling solution.
Maersk Drilling confirms long-term contract|
Based on the previously announced Conditional Letter of Award, Maersk Drilling has been awarded a contract from Tullow Ghana Ltd. for the provision of the ultra-deepwater drillship Maersk Venturer and additional services for a development drilling campaign at the TEN and Jubilee fields offshore Ghana.
Maersk Drilling awarded four-well contract|
Maersk Drilling has secured a contract with Shell Malaysia for the 7thgeneration drillship Maersk Viking to drill four development wells at the Gumusut-Kakap project offshore Malaysia. The contract is expected to commence in December 2021, with an estimated duration of 150 days.
Bunker One expands Caribbean footprint|
Bunker One expands Caribbean footprint as key physical supplier St. Croix, US Virgin Island. St. Croix is a soon-to-be Caribbean hub with the recent restart of the (Ex-Hovensa) St. Croix deep conversion refinery, strategically located along all major shipping lanes servicing US crude import & export markets.
|Wattyl Australia part of the Hempel Group|
With immediate effect, Wattyl Australia and New Zealand is now officially part of the Danish coatings manufacturer Hempel. With the acquisition of Wattyl, Hempel is strengthening its footprint in Australia and New Zealand significantly.
|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.
Great potential for Esvagt in US wind|
The European market leader in offshore wind, ESVAGT has closely followed the development of the rapidly growing American offshore wind market. Now, ESVAGT is establishing an American joint venture with Crowley group based in Jacksonville, Florida.
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 Drilling secures nine-month contract|
Maersk Drilling has been awarded a contract with Aker BP for the ultra-harsh environment jack-up rig Maersk Reacher to assist with well intervention, stimulation and accommodation at the Valhall field offshore Norway
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.
|Risk Intelligence sign up with NATO|
Risk Intelligence has signed agreements with the NATO Shipping Centre, for the Risk Intelligence System and intelligence reports. Based in Northwood, London, the NATO Shipping Centre is the official link between NATO and merchant shipping.
Hempel open its new Campus|
Danish coatings company Hempel has opened its new Campus, which features a newly constructed office building and a state-of-the art R&D facility. Hempel Campus is unique in its architectural approach and is the international headquarters for the Hempel Group.
APM Terminals roll out Track & Trace|
In the first quarter of 2021 APM Terminals rolled out its industry-leading global container tracking platform, Track & Trace, to three major terminals. Almost two thirds of the company’s fully controlled terminals now benefit from this advanced container tracking platform.
Ørsted kicks off in Taiwan|
Ørsted is moving full speed ahead with full-scale offshore construction activities of the 900 MW Greater Changhua 1 & 2a Offshore Wind Farms in Taiwan. It will begin laying export and array cables and installing the offshore substations and foundations in 2021 and will proceed with wind turbine installation next year.
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.
|New international shipping education|
New courses for trainees at Danish Shipping Academy’s two-year education are on their way. The upgrade of the education will benefit young people best possible in their meeting with Blue Denmark.When a new class of trainees starts in September, the schedule will among other things include new courses.
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.
APM Terminals Pecém 10% growth|
APM Terminals Pecém in Brazil marked several achievements in the past year. The Terminal grew double digits in 2020, reaching 387 717 TEUs handled. The figures represent an increase of about 10% compared to 2019, with main drivers being exports of reefer units and imports.
VIKING net profit of 131 million kroner|
The turnover of nearly 2.6 billion DKK represents a decline of 185 million DKK year over year, yet it is still the second highest figure ever recorded by the company. Profit before tax of 168.9 million DKK is also lower than the record result in 2019.
New CEO at APM Terminals Bahrain|
APM Terminals Bahrain announces Maureen Bannerman as the new Managing Director, following the earlier announcement on Susan Hunter leaving the position at the end of April 2021. Maureen will assume the role in early April.
|Monjasa move Monjasa Supplier to Panama|
Global oil and shipping group Monjasa brings MT Monjasa Supplier (8,839-dwt) from Dubai to Panama to further sustain the attractiveness of Panama as a leading global shipping hub. This means significantly less idle time for larger ships taking bunkers in the Panama Canal.
|NKT sign long-term service contract|
NKT has signed a long-term agreement with Danish grid operator Energinet on maintenance and repair of both offshore and onshore power cables in Denmark. The contract will run for eight years.
Maersk Drilling secures one-well contract|
Maersk Drilling has been awarded a one-well contract by Petrogas E&P Netherlands B.V. which will employ the harsh-environment jack-up rig Maersk Resolute to perform well maintenance and drill a side-track of the A9 well at the P9 Horizon field in the Dutch North Sea.
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.
Logimatic signs contract with Hapag-Lloyd|
Hapag-Lloyd initiates a digital transformation implementing SERTICA on more than 70 of the largest container vessels in the world. The goal is to provide a common Technical Fleet Management System for its fleets both in Hamburg and Dubai.
|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.
|Hempel delivers strong result in 2020|
Hempel grew its revenue to EUR 1,542 million in 2020 and demonstrated strong organic growth of 3.2 per cent, despite a declining global coatings market, building on momentum from 2019.
APM Terminals Kalundborg now operational|
APM Terminals begins operations in Kalundborg, Denmark following an agreement in December with the Port and A.P. Moller – Maersk to handle two feeder services. The facility invests in environmentally friendly fuel, with its reach stackers and terminal tractors running on GTL (gas-to-liquids) fuel.
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.
Bladt Industries invests in large expansion |
The Danish industrial group Bladt Industries now invests in a large expansion of the production facilities in Denmark. With the expansion, Bladt Industries will be among the first suppliers to produce the foundations for future offshore wind turbines reaching a height of up to 250 to 300 meters
|Norden celebrates 150-year anniversary|
On February 11, Norden celebrated its 150th anniversary. It has been through several transformations in response to the changing world of global trade. From a small Danish steamship owner, to a leading global player in the dry cargo and product tanker markets.
|Vestas net profit of 771 million euro|
In a challenging year, Vestas revenue increased while earnings decreased in 2020, and free cash flow stayed at around the same level. For 2021, Vestas expects revenue to range between EUR 16bn and 17bn, including service revenue, which is expected to grow by approx. 15 percent.
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.