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Saturday, March 28, 2020

Claus V Hemmingsen News

Henriette Thygesen has been appointed new Chairman of the Board of Directors of Maersk Supply Service. Image: Maersk Supply Service

Thygesen: Chairman of Maersk Supply Service

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.Thygesen has been CEO of Svitzer since September 2016. She is a member of the A.P. Moller - Maersk Executive Leadership Team and has held leading roles across a number of A.P. Moller – Maersk business units over the last 25 years, including CEO of Damco Americas.

Photo: A.P. Moller – Maersk

Maersk Vice CEO Steps Down After Energy Exit

Danish conglomerate A.P. Moller – Maersk informed that Claus V. Hemmingsen steps down as Vice CEO of the group. The company's energy division, which was headed by him, will also be shut down."The Energy division will close down latest by the end of June 2019, and Claus Hemmingsen will subsequently leave A.P. Moller – Maersk,  after nearly 40 years in service," said a company statement.The Group has successfully concluded the separation of Maersk Tankers, Maersk Oil and Maersk Drilling as part of the transformation initiated in 2016 to focus A.P.

Photo: Maersk Drilling

Maersk to Pursue Separate Listing of Maersk Drilling

Danish shipping company A.P. Moller-Maersk has decided to pursue a demerger with its offshore drilling operation Maersk Drilling  via a separate listing of Maersk Drilling on Nasdaq Copenhagen in 2019.Maersk Drilling will become a stand-alone company next year as its parent company continues its exit from the oil and gas business.Having evaluated the different options available for Maersk Drilling, A.P. Moller – Maersk has concluded that listing Maersk Drilling as a standalone company presents the most optimal prospects for its shareholders…

Jakob Strausholm (Photo: A.P. Moller-Maersk)

Maersk Says CFO Quits after Organizational Changes

Danish shipping group A.P. Moller-Maersk said on Tuesday its chief financial officer has decided to leave the company after only 16 months in the role. The departure of Jakob Strausholm, who took the role as chief finance, strategy and transformation officer in December 2016, comes after Maersk decided to separate the finance role from its IT and digital transformation function, the company said. The change comes amid a major restructuring and digital drive which Maersk hopes will simplify the process of moving goods around the world.

Vincent Clerc, Morten H. Engelstoft and Søren Toft. Photo: A.P. Møller - Mærsk A/S

Mærsk Strengthens Executive Board

In line with the strategic direction announced in September 2016 A.P. Møller - Mærsk A/S has made significant progress in focusing the future business on container shipping, ports and logistics. To further accelerate the development of customer oriented end-to-end transportation and logistics solutions the Board of A.P. Møller - Mærsk A/S today announces that it is strengthening the management of the company by appointing the Chief Operating Officer, Chief Commercial Officer as well as the CEO of APM Terminals to the Executive Board.

Steen S. Karstensen (Photo: Maersk)

Maersk Supply Service Names Karstensen CEO

Steen S. Karstensen has been appointed CEO of Maersk's offshore services arm, Maersk Supply Service, with effect from October 24. Karstensen comes from a position as Chief Procurement Officer and takes over from Jørn Madsen, who was recently appointed CEO of Maersk Drilling, effective November 7. Karstensen joined the Maersk Group in 1986 and has had led a 30-year-career with the company in procurement, logistics, supply chain, in-house consultancy and other cross-functional areas.

Claus V. Hemmingsen, Chief Executive Officer

Maersk Drilling Navigates Low Market Visibility

Maersk Drilling delivered a profit of USD 218m (USD 117m) in the second quarter of 2015. The result was positively impacted by continued strong operational performance, fleet growth, general cost savings and a USD 29m payment related to the divestment of the Venezuelan activities in 2014. The result was negatively impacted by three rigs being idle. The underlying profit for the quarter was USD 189m (USD 117m) generating a ROIC of 10.6% (7.2%). “We are very pleased with the result given the adverse market conditions.

Zambelli appointed CCO, Maersk Drilling

Ana Zambelli, currently Managing Director for Subsea Operations at Transocean, will take up the role as Chief Commercial Officer (CCO) in Maersk Drilling. She will start 1 June 2015 reporting directly to CEO Claus V. Hemmingsen. Ana Zambelli will assume the position as CCO after Martin Fruergaard, who after 25 years in the Maersk Group, six of them as CCO for Maersk Drilling, will leave Maersk Drilling. “Martin has for more than 25 years served the Maersk Group in various positions…

Durkin Appointed COO of Maersk Drilling

Angela Durkin from Baker Hughes will join Maersk Drilling as new Chief Operating Officer (COO). She will assume her new role 1 May 2015 taking over from Jørn Madsen and report directly to CEO Claus V. Hemmingsen. “We are very pleased that Angela Durkin will join Maersk Drilling. Angela brings vast experience with her from Baker Hughes, and with her technical competencies and enormous international experience from an oilfield service provider in the drilling industry, she is just the right fit for Maersk Drilling.

Maersk Interceptor

Maersk Interceptor Named in Norway

In a ceremony held at GMC Marine Partners yard in Mekjarvik in Norway, Mrs. Anita Utseth, Senior Vice President in Det norske oljeselskab ASA (Det norske) had the honour of naming the ultra harsh environment jack-up rig Maersk Interceptor. Maersk Interceptor is the second in a series of four ultra harsh environment jack-up rigs to enter Maersk Drilling’s fleet. The four jack-up rigs represent a total investment of USD 2.6bn. Maersk Interceptor will commence a five year firm contract with Det norske for drilling the Ivar Aasen field in the Norwegian North Sea in December 2014.

Maersk Deliverer

Mærsk Deliverer's Contract extended

Cabinda Gulf Oil Company Limited, a Chevron subsidiary in Angola, has extended the current contract for the ultra deepwater semi-submersible Mærsk Deliverer expiring in June 2015 by two years. Mærsk Deliverer has since 2012 been working for Chevron and its partners on the Tombua Landana field offshore Angola. With the contract extension the rig will be on contract until June 2017. The estimated revenue potential from the two-year contract extension is USD 387m plus compensation for cost escalations over the contract period.

Maersk Convincer

Maersk Convincer gets 1 yr More

Petronas Carigali, the Exploration and Production subsidiary of the national oil company in Malaysia, has extended the contract for the jack-up rig Maersk Convincer by one year. Consequently, the rig will be on contract with Petronas until mid-November 2015. The estimated revenue potential from the one-year contract extension is USD 56 million. “We are very pleased to continue working with Petronas Carigali and see this extension as a further strengthening of our relationship.

Newbuild Jack-up Rig Charter Exended

Maersk Drilling receives two-year term extension for newbuild jack-up rig 'XL Enhanced 2'. Det Norske Oljeselskap ASA (Det norske) has on behalf of the partners in the Ivar Aasen project, exercised its contractual right to extend the contract for the newbuild ultra harsh environment jack-up, XL Enhanced 2, by two years. Consequently, the duration of the firm contract is now five years. The estimated value of the two-year contract extension is approximately USD 280 million, bringing the total estimated contract value to approximately USD 700 million.

Maersk Drilling Fast Out of the Blocks in 2013

Interim financial results for Q1 2013 show a strong start to 2013 by Maersk Drilling. With an increase in profit to USD 146 million in the first quarter of 2013 from USD 123 million in first quarter of 2012, Maersk Drilling has come off to a good start in 2013. The strong result – up by 19 % –  is positively impacted by a solid operational performance across the entire rig fleet. “The performance in the first quarter of 2013 shows the strength and potential of our business. With a strong financial performance driven by solid operations we are back on track…

Maersk Drill Ship: Photo courtesy of Maersk Drilling

Maersk Drilling Profit $358-million in 2012, Eye on a Billion

Maersk Drilling release its financial summary statement for year 2012. With high contract coverage for the coming years and the delivery of seven new large rigs in 2013-2015, Maersk Drilling says it is on track towards to reach its target of a profit of USD 1 billion by 2018. The full year result for 2012 was, however, negatively impacted by costly start-up issues on two drilling rigs. Maersk Drilling’s profit for 2012 was USD 359 million compared to USD 488 million in the record breaking year 2011.

'Maersk Discoverer': Photo courtesy of Maersk Drilling

Maersk Drilling Reports Q3 2012 Less Profitable

In its interim third quarter financial report the company says it remains on track to attain its long-term profit target. Maersk Drilling’s profit in the third quarter 2012 was US$ 87-million compared to US$ 139-million in the third quarter of 2011. The latest quarterly result was negatively impacted by two delayed start-ups and maintenance yard stays for two drilling rigs. With the recent US$ 700-million contract for the second newbuild drillship and a high forward contract coverage…

'Maersk Deliverer': Photo credit Maersk Drilling

Deepwater Drillship Off Angola Wins Accolade for Maersk

Maersk Drilling takes the first challenging step into deepwater drilling in West Africa, 'Maersk Deliverer' voted 'Rig of the Month'. Maersk Drilling has entered Angola for the first time and after only one full month in operation for Cabinda Gulf Oil Company Limited, local setup of Chevron Angola, the Mærsk Deliverer has been awarded 'Super Rig of the Month' amongst the six rigs the oil company is operating in Angola. West Africa, such as Angola, is believed to have one of the largest ultra deepwater oil reserves in the world…

Hanne B. Sørensen has been appointed new CEO of Maersk Tankers.

Sørensen New CEO of Maersk Tankers

Hanne B. Sørensen has been appointed new CEO of Maersk Tankers with effect from 13 February 2012. Hanne B. Sørensen has until now held the position as Chief Commercial Officer (CCO) of Maersk Line and replaces Søren Skou, who recently assumed the position as Maersk Line CEO. "Hanne B. Sørensen comes with experience and a strong track record within international shipping. I am therefore very pleased that Hanne has accepted the position as CEO of Maersk Tankers," says Partner and member of the Executive Board Claus V. Hemmingsen.

Søren Skou (Photo: Maersk)

Skou Appointed CEO of Maersk Line

Søren Skou has been appointed new CEO of Maersk Line with effect from 16 January 2012. Søren Skou was previously CEO of Maersk Tankers and replaces Eivind Kolding who is leaving Maersk Line to become Chairman of the Executive Board of Danske Bank. ”Under Eivind Kolding’s skilled leadership, Maersk Line has undergone an impressive turnaround. Its competitiveness has improved significantly and at the same time, Maersk Line has set new standards for the industry with regards to environment and reliability.

Kongsberg Simulators for Maersk Training Center

Kongsberg Maritime is providing maritime simulators for Maersk's new State-of-the-art drilling operations and offcshore training facility. Kongsberg Maritime simulators have been selected for the forthcoming MOSAIC 2 facility (Maersk Offshore Simulation and Innovation Centre) at Maersk Training in Svendborg, Denmark. Building officially commenced on the state-of-the-art new facility on the Maersk Training campus on 29th November 2011. A frame agreement signed by Kongsberg Maritime…

Photo courtesy Keppel FELS

Keppel Delivers Third Maersk DSS 21 Semisub

Keppel FELS Ltd (Keppel FELS) delivered the third DSS 21 deepwater semisubmersible (semi) drilling rig to Maersk Drilling (Maersk) 43 days ahead of schedule and with a perfect safety record, garnering a bonus of $400,000. Mr Claus V. Hemmingsen, CEO of Maersk Drilling said, “The Maersk-Keppel partnership, spanning a decade, has achieved considerable milestones together. “Now, with the addition of Maersk Deepwater Semi III, our high-specification DSS 21 rig fleet which is in the…