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Sunday, December 17, 2017

Danish Export Association News

The award was presented to Lee (center) by the Danish Minister for Trade and Development, Mogens Jensen (left), and CEO of the Danish Export Association, Ulrik Dahl (right).

Lee Recognized with Royal Danish Award

The Danish Export Association’s Diploma, and His Royal Highness Prince Henrik’s Medal of Honor, was awarded to VIKING Life-Saving Equipment’s Korean representative, J.W. Lee, for close to thirty years’ of successful business partnership. The recipient of the Danish Export Association’s Diploma, and His Royal Highness Prince Henrik’s Medal of Honor is J.W. Lee, a successful Korean businessman who, over many years, has built a successful agency business based around the products of VIKING Lifesaving Equipment, the Esbjerg-based global company in marine and fire safety equipment.

Photo: European Community Shipowners’ Associations

ECSA Presidency Handed Over to Panagiotis Laskaridis

European Community Shipowners’ Associations (ECSA) has held its Board of Directors’ meeting and Niels Smedegaard of Danish Shipping and CEO of DFDS handed over ECSA Presidency to Panagiotis Laskaridis, Member of the Board of the Union of Greek Shipowners and CEO of Laskaridis Shipping and CEO of Lavinia Corp. Panagiotis will start his two-year term as ECSA’s new President from January 2018. Smedegaard will remain Board Member representing Danish Shipping. “I am very pleased of this trust…

Image: Danish Maritime Authority

DMA Call for Various Certificates

Time has come to apply for renewal of CLC, Bunker, Athens and Wreck Removal Certificates from the Danish Maritime Authority(DMA). The certificates must be renewed once a year when the underlying insurance expires. Ships that are required to hold a certificate must not operate without valid certificates. Many certificates expire on 20 February 2018; these are typically the CLC, Bunker, Athens and Wreck Removal Certificates based on P&I insurance. Some CLC, Bunker, Athens and WRC Certificates expire on dates other than 20 February 2018.

Image: Danish Maritime Authority

Friendship to Green Ships

Korea and Denmark both have ambitious national plans for a transition to greener and more energy efficient economies. The Danish-South Korean Green Growth Alliance met for roundtable talks. The Minister for Business and Growth’s meeting with the South Korean Minister of Oceans and Fisheries is important for further developing the close co-operation. The Green Growth Alliance held its fifth meeting. This time it had the form of roundtable talks with a maritime focus at the premises of the Danish Maritime Authority.

Headquarters in Sejong City

Danish-South Korean Co-operation Strengthened

The Danish-South Korean Green Growth Alliance met for roundtable talks yesterday. The Minister for Business and Growth's meeting with the South Korean Minister of Oceans and Fisheries is important for further developing the close co-operation. The Green Growth Alliance held its fifth meeting yesterday. This time it had the form of roundtable talks with a maritime focus at the premises of the Danish Maritime Authority. South Korea is the third-largest export market for Denmark in Asia and an important market for Danish shipping.

Photo: Danish Maritime Authority

Denmark Calls for Regulation for Autonomous Ships

​Maritime regulation should be made more flexible if it is to support the development of autonomous ships. A new report published by The Danish Maritime Authority (DMA) identifies where changes in maritime regulation are needed. The report will be used as a platform for the future effort of The Danish Maritime Authority to develop regulation and make it digitalisation-ready. The Minister for Industry, Business and Financial Affairs, Brian Mikkelsen, said: ”It is important that Denmark and Danish companies are at the forefront of technology and digitalisation.

Photo: Japan Bank for International Cooperation (JBIC)

Japan Bank Finances Danish Shipper

The Japan Bank for International Cooperation (JBIC) will provide a total of $28.3 million in syndicated loans with French bank BNP Paribas to help a major Danish shipping operator’s unit buy cargo vessels to be built by leading Japanese shipbuilder Imabari Shipbuilding, Jiji Press  reported. The state-owned JBIC aims to revive the domestic regional economies relying on the shipbuilding industry by giving financial support for vessel exports at a time when the industry faces a global slump due to oversupply, the report quoted informed sources as saying.

Photo: Norden A/S

Rasmussengruppen Sells Stake in Norden

Oslo based financial investor Rasmussengruppen sold its entire stake which is 4.8 million shares of Danish dry bulk bulker owner Norden. The company's share capital consists of 42,200,000 shares of DKK 1 each, amounting to DKK 42,200,000. Rasmussengruppen was the second biggest investor in Norden, after Danish company A/S Motortramp on 28.08%. Norden  operates one of the industry’s most modern, flexible and competitive fleets globally within the dry cargo and tanker vessel types. Norden  was founded in 1871 and is one of the world’s oldest listed ship owners.

Photo: Logimatic

EURONAV Opts for SERTICA Fleet Management

After a rigorous selection process, tanker shipping company EURONAV has chosen the SERTICA Fleet Management System by Danish software and engineering company Logimatic.  EURONAV, which operates some of the world’s largest tanker vessels, has chosen the entire SERTICA product suite onboard its 52 vessels for improved maintenance and vessel management.  There are currently more than 32 customers worldwide and 964 active vessels running SERTICA Fleet Management system.  

File photo: Maersk Line

Shipowners to Narrow in on Free Trade

On Tuesday, October 25, during Danish Maritime Days, the Danish Shipowners’ Association will host a seminar focused on free trade and global shipping. The Danish Minister for Foreign Affairs, Kristian Jensen will lead the discussion on how we can ensure – and further strengthen – free trade of goods and services. During the Danish Maritime Days, to be held October 24-28, heads of the global maritime industry and key decision makers will meet to discuss today’s important shipping policy issues including increasing global protectionism…

Photo courtesy of Thome

Thome to Manage Its First DIS Vessel

Thome Ship Management has reached a new milestone by taking over the full management of its first vessel to be flagged under the Danish International Ship Register. The technical and crew management deal, signed with Danish ship owner Evergas, involves the 12,000 cubic metre ethylene carrier JS Greenstone which was placed under the Danish flag during a recent State visit by HM The Queen of Denmark and HRH The Prince Consort to China. A naming ceremony at the Sinopacific Offshore & Engineering (SOE) shipyard in Qidong was attended by Anne H.

Singapore’s Minister for Transport Tuck Yew Lui made a presentation to, inter alia, IMO Secretary General Koji Sekimizu and Minister for Business and Growth Henrik Sass Larsen in one of the many workshop groups at the Danish Maritime Forum

Much Activity During Danish Maritime Days

Danish Maritime Days was well visited, and there were many participants and great enthusiasm at the more than 50 events. Attendance at the many events tells that the maritime days were successful. The flagship of Danish Maritime Days was the large international conference Danish Maritime Forum, which was held on 8-9 October at Docken in the northern part of Copenhagen Port. Here, the organizers had succeeded in gathering the absolute elite within the maritime field for debate and workshops about the future maritime challenges.

Photo: Danish Maritime Authority

Denmark Aims to be Global Maritime Power Hub

The Danish Government receives recommendations from the Maritime Strategy Team on how to maintain the Danish stronghold as a maritime nation towards 2025. The Maritime Strategy Team, headed by Chairman Jesper Lok, presents its recommendations to the Danish government. The recommendations represent the maritime industry’s input on maintaining and strengthening the industry’s international competitiveness and making Denmark a global maritime power hub. The maritime industry – Blue Denmark – represents 25 % of Danish exports, making it the largest Danish exporting industry.

Christoffer Ditlev Pedersen (Photo courtesy of Glander International Bunkering)

Pedersen Joins Glander International Bunkering

Christoffer Ditlev Pedersen has joined Glander International Bunkering's Dubai office as Senior Bunker and Lubricant Trader. Pedersen brings industry expertise to the firm having over eight years working in the bunker industry. In addition to his bunker experience, Pedersen is a qualified Export Engineer gaining his qualifications at Ingenioerhoejskolen in Denmark. Pedersen is half Danish and half Venezuelan and can speak Spanish, Danish and English fluently.  

Ferry Isefjord: Photo credit Western Marine

Bangladesh Shipyard Delivers Ferry 'Isefjord'

A short-sea trade RoRo passenger ship built by Western Marine Shipyard Ltd., is the most advanced built in the yard so far. This is the first time Bangladesh has exported a passenger ship to the European market, in compliance with the highest standards of  modern technology & safety. Isefjord waas built for Danish owner Hundested Rorvig Faergefart to carry 147 passengers & 28 units of vehicle on a Danish coastal route. She is a fully-automated vessel constructed under class Bureau Veritas rules…

Danish Crown Prince Frederik (Photo: Danish Maritime Days)

Crown Prince Frederik to Attend the Danish Maritime Forum

Maritime key leaders, ministers and leading experts from all around the world will be accompanied by the Danish Crown Prince when they meet for the Danish Maritime Forum, October 7-8, 2015. “We are very proud to announce that the Danish Crown Prince will attend the Danish Maritime Forum. It emphasizes his great interest in the maritime industry and the positive difference it can make for the world,” said Michael Soested, Head of Secretariat of Danish Maritime Days. At the Danish Maritime Forum…

Danish Shipowners: On Growth track in Wake of Economic Crisis

Denmark has retained its position as one of the world's leading maritime nations, despite the economic crisis. In terms of operated tonnage, Denmark is today the fifth largest maritime nation in the world. In all, Danish shipping companies transport some 10% of the world trade. Henrik Segercrantz reports on Danish maritime issues. Danish shipping is global, with trade within Europe counting for only a quarter of the industry’s total revenues. The primary markets are the US and China, making up more than 15 percent of the revenues. "Here in Denmark the shipping sector is really a success.

Source : Danish Maritime Days

Danish Maritime Forum in New Surroundings

The new cruise terminals at North Harbor provide the innovative setting when global key leaders meet for the Danish Maritime Forum on 7-8 October. With just five meters to the blue waves of Oresund the World’s maritime key leaders will feel at home when they participate in the Danish Maritime Forum 2015. And if they get the time to take a glance out of the windows, they will be greeted by the view of the Copenhagen skyline, the Three Crowns Sea Fortress and an offshore wind farm.

Jan Thorn (Photo courtesy of the Danish Maritime Authority)

Thorn to Chair Danish Pleasure Craft Safety Board

Jan Thorn will take over the chairmanship of the Danish Pleasure Craft Safety Board on February 1, 2015. Thorn is Director of the Danish Maritime Authority’s division “Aids to Navigation” that is striving to enhance safety at sea for both commercial shipping and pleasure cruising. He has a background in the now abolished Danish Maritime Safety Administration and the Danish Defense and is an active yachtsman. He takes over the post from Francis Zachariae, who has been appointed…

Jan Thorn

Danish Pleasure Craft Safety Board Gets A New Head

From 1 February 2015 a new chairman will head the Danish Pleasure Craft Safety Board. The new incumbent is Jan Thorn, who is in his everyday work Director of the Danish Maritime Authority’s division “Aids to Navigation” that is striving to enhance safety at sea for both commercial shipping and pleasure cruising. Jan Thorn has his background in the now abolished Danish Maritime Safety Administration and the Danish Defence, and he is an active yachtsman who has his own sailing boat.

Maritime Growth potential in Arctic region

Maritime Growth Potential in Arctic Regions in Focus

The industrial policy seminar in Nuuk has identified the potential for and barriers to maritime growth in the Arctic regions. More than 70 persons from Danish and Greenland companies, organisations and authorities met for a maritime industrial policy seminar in Nuuk on 2 and 3 September 2014. Greenland Minister of Health and Infrastructure Steen Lynge opened the seminar. He stressed the importance of increased growth in the maritime industries in Greenland – while keeping focus on safety of navigation and environmental considerations.

Pat Donnelly (Photo: The Baltic Exchange)

Donnelly Elected as FFABA Tanker Chairman

Pat Donnelly, of Braemar ACM-GFI, has been elected as Chairman of the Tanker FFA Brokers Association. He replaces Ben Courtney of ICAP Energy who has chaired the group, which represents the worldwide community of tanker Forward Freight Agreement (FFA) brokers, since 2016. Founded in 1997, the FFABA is the worldwide association for Forward Freight Agreement broking firms. Working with the Baltic Exchange, the FFABA organises educational workshops and industry forums in major shipping centres, with the aim of promoting FFAs as an important tool for managing exposure to freight rates.

Photo: Danish Shipowners’ Association

Shipowners Caught in the Middle of Free Trade Battle

Protectionism and long hauled free trade negotiations can be an expensive battle for the Danish shipowners, if the market outside the European Union are not included in free trade negotiations. The Danish Shipowners’ Association hosted a verbal rumble between the Danish Social Democrat Ole Christensen and the Belgian Socialist Maria Arena from the European Parliament at the European Shipping Week Tuesday afternoon. Lately free trade has been widely debated in the European Parliament due to the vote for the Canadian free trade agreement CETA.

Photo: Danish Maritime Authority

Denmark Adopts Digital Ship Certification

As of June 24, 2016, ships flying the Danish flag are being digitally certified, making Denmark one of the first countries to put an end to the 100-year-old tradition of certifying ships with paper certificates. Until now, ship certification typically involved printing, stamping and signing paper certificates, and subsequently sending them around the world to be kept on board ships. Digital certification – or electronic certification, which is the term used internationally – will put an end to these cumbersome procedures…

Bunkering: File photo CCL

Denmark Sets Plan to Deter ECA Marine Fuel Cheats

The Danish Maritime Authority (DMA) considers it important that no shipowner should gain a competitive advantage by cheating on bunker fuel content when new stricter requirements for ship exhaust gas sulphur emissions take effect in the ECA on 1, January 2015. Consequently, efficient and consistent enforcement of compliance with the regulations is decisive. The action plan is an extension of the Danish Government’s 'Plan for Growth in the Blue Denmark', which contains an initiative entitled “Improved enforcement nationally and globally”.

© Chepe Nicoli / Adobe Stock

China's Exports to Cuba Slump as Island's Cash Crunch Deepens

Chinese exports to Cuba have plunged this year in the latest sign of a worsening in the Communist-run island's financial situation, which began in 2015 with the economic crisis in its top trading partner Venezuela. Chinese exports to Cuba slumped 29.8 percent to $1 billion from January through October compared with the same period last year, according to Chinese customs. Chinese exports peaked at a record $1.9 billion in 2015, nearly 60 percent above the annual average of the previous decade. They slipped slightly last year to $1.8 billion.