Hafnia Tankers Inks Fresh Sale and Leaseback Deal
Denmark-based shipping company Hafnia Tankers has successfully completed a sale and leaseback in the Japanese market through the sale and leaseback of its 2010 built LR1 tanker, MT Hafnia Australia. The Vessel has been sold to a Japanese private ship owning company (the Lessor) with a 12-year bareboat charter back with annual purchase options from year four onwards. The Transaction entailed a sale of the 74,539 dwt ship at market value and a fully levered lease arrangement which gives rise to a positive liquidity effect of approx.
KPI Bridge Oil Expands in Denmark
KPI Bridge Oil, a global trader and broker in marine fuels, marine lubricants and risk management products, has extended its physical supply services to provide additional options for ship owners in the port of Esbjerg in Denmark. KPI Bridge Oil Denmark has chartered the barge FØNIKS SUPPORTER which is fully equipped with a capacity of 370cbm MGO 0,1. Since becoming part of the KPI Bridge Oil Group, KPI Bridge Oil Denmark has enabled the group’s business partners to benefit from additional services, most notably the capacity to offer physical supply throughout Denmark.
DEA becomes Operator in Denmark
The Danish Energy Agency has awarded DEA Deutsche Erdoel AG two licences in Denmark. The concession area of about 530 square kilometres is located in the southern Central Graben in the western part of the Danish North Sea. The German upstream company DEA, based in Hamburg, applied for two concessions as part of the 7th licensing round in October 2014. Together with the Dutch exploration and production company Dyas and the Danish state-owned company Nordsøfonden, DEA was recognised…
New Bunker Trader with A/S Dan-Bunkering Ltd.
New Bunker Trader with A/S Dan-Bunkering Ltd., Copenhagen A/S Dan Bunkering has announced that as from 15 August 2012 Oscar Obregon, 29, has been employed as Bunker Trader in A/S Dan-Bunkering Ltd.'s office in Copenhagen, Denmark. Oscar is originally from Mexico, but has lived in Denmark for some time. He brings previous sales experience and has earned a Master in Innovation and Business Engineering at the University of Southern Denmark.
Sweden's Ship Registry Cannot Compete
The Swedish Register of Shipping is not competitive, and it will probably never be, according to a new report. The report from the governmental Trafikanalys recommends that there should be less focus on rebuilding a fleet under the Swedish flag in future, according to Maritime Denmark and Sjöfartstidningen. A number of Swedish ships are flagged out to Denmark, while the Faroe Islands has attracted many former Swedish vessels. The Faroe Islands offers tax terms that go far beyond what would be possible in an EU country the report adds. Source: Maritime Denmark/Sjöfartstidningen
CMA CGM Relocates in Copenhagen
CMA CGM Denmark’s office in Copenhagen is shifting from Monday, November 3rd, 2014 onwards. It new address will be: CMA CGM DENMARK AS Sluseholmen 2 DK-2450 Copenhagen SV DENMARK Phone and fax numbers remain unchanged: Phone: +45 3912 7100 Fax: +45 3916 1672
Blue Denmark Maintains Economic Foothold
The report "Employment and production in Blue Denmark 2015" was published today, providing updated information on Denmark’s vibrant maritime industries. For the second time, the Economic Council of the Labour Movement has drawn up a report on employment and production in Blue Denmark for the Danish Maritime Authority. This year, the report is based on national accounts figures until 2011 and figures on production and value added until 2014, therefore offering a more updated picture than the one given in last year's report, which was based on 2009 figures.
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.
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.
Denmark Plans to Phase Out Coal by 2025
Denmark should ban coal use by 2025 to make the Nordic nation a leader in fighting global warming, adding to green measures ranging from wind energy to bicycle power, Denmark's climate minister said on Saturday. Denmark has already taken big steps to break reliance on high-polluting coal - wind turbines are set to generate more than half of all electricity by 2020 and 41 percent of people in Copenhagen cycle to work or school, higher than in Amsterdam. "The cost (of phasing out coal) would not be significant…
Transboundary Oil Pollution Debated in IMO
33 countries and a number of international organisations have just met at the IMO headquarters in London under the chairmanship of Denmark and Indonesia. On this occasion, liability for damages and the obligation to take out insurance in connection with transboundary oil pollution damage resulting from offshore activities were considered, and this has resulted in the drafting of guidance that is expected to be presented to the IMO Legal Committee in the spring of 2016. On several occasions…
Greencarrier to Open in Denmark
The Gothenburg-headquartered logistics specialist Greencarrier will open its first office in Denmark with the renaming on March 1, 2010 of the recently acquired NTN Denmark A/S. To be known in future as Greencarrier Denmark A/S, the company is based in Copenhagen where it has two offices, one in Herlev and one in Glostrup. Denmark. Tel: +45 44 88 10 20. Greencarrier has been expanding its presence throughout Scandinavia and the Baltic region and the creation of Greencarrier Denmark fills a gap in its coverage.
Maersk N. American HQ welcomes HRH The Prince Consort of Demark
HRH The Prince Consort of Denmark visited the North American headquarters of Maersk in Madison, NJ, today. The Prince Consort met with Chairman and CEO of Maersk Inc. J. Russell Bruner, Chief Financial Officer Maersk North America Morten K. Nicolaisen, President of Maersk Line North America Michael J. White, and President of Damco North America, Jeremy T. Haycock to discuss the history and current activities of A.P. Moller Maersk companies in the U.S. The Prince Consort was escorted by the Deputy Consul General and Head of Trade Thomas Rizk. The purpose of the U.S.
DMA Cutting Back Special Rules for Danish Shippers
A benchmark analysis shows that Denmark has 33 special requirements for ships flying the Danish flag, a number which the Danish Maritime Authority (DMA) seeks to scale back as it aims to create a more favorable environment for shippers. “Denmark is characterized by quality shipping and Deloitte’s benchmark analysis confirms that Denmark is a good place to conduct maritime business,” said DMA Director General Andreas Nordseth. “We have been alleviating burdens for a long time and we have already abolished four of the 33 special requirements identified in the analysis.
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…
Bunker Trader Re-joins Dan-Bunkering’s Middelfart Office
A/S Dan-Bunkering Ltd. announced that Kasper Bækkegaard Christiansen started as Bunker Trader in the trading department in Middelfart, Denmark, as per May 1, 2016. Christiansen commenced his career as a Bunker Trader with Dan-Bunkering in the company’s head office in Middelfart, Denmark, back in 2010. During his time in Middelfart Christiansen had particular focus on the South East Asian market, thus it was a natural step in his further career to relocate to Asia in 2014 where he was working for two of Dan-Bunkering’s offices respectively.
Two Senior Executives Leave Siemens Wind Power
Siemens Wind Power said on Wednesday two senior executives will leave the company, one to a firm in Denmark, a leading producer of wind turbines and a major consumer of renewable energy. A spokesman from Siemens Wind Power, a Denmark-based unit of Siemens AG, said Henrik Stiesdal, chief technology officer, will retire at the end of the year and be replaced by Morten Rasmussen, also from Siemens. Jan Kjaersgaard, chief executive for onshore wind power, will leave by the end of September "to join another Danish company", spokesman John Pedersen said.
New Sales Manager with Dan-Bunkering in Middelfart
A/S Dan-Bunkering Ltd. has announced that Mikkel Søholm Vestergaard took up the position as Sales Manager in the head office in Middelfart after having been relocated to Houston for a period of two years as the Managing Director of the offices in North America. Mikkel was initially employed as Bunker Trader in the office in Middelfart back in 2002, and has until the timing of his return to Denmark a few months ago not only acquired thorough knowledge within bunker trading and shipping but also within management, HR, and staff development both in Denmark as well as abroad.
APM Terminals Takes Full Control of APM Terminals-Aarhus
Aarhus Service Holding A/S has sold its 40% share in APM Terminals-Aarhus A/S to its JV Partner since the 2010 merger of adjoining facilities in Denmark’s largest port; container volumes have steadily increased over the past four years. Aarhus, Denmark – APM Terminals has reached an agreement with joint venture partner Aarhus Service Holding for the purchase of the remaining 40% of the existing APM Terminals-Aarhus A/S facility, strategically-located on the Jutland Peninsula, in Denmark’s busiest port.
Blue Denmark in Need of New Competences
New technological developments and increasing competition from other countries may change future requirements for the education and competences demanded from Blue Denmark. This is shown in a new longitudinal study. Today, the Danish Maritime Authority – in cooperation with the Danish Agency for Higher Education – publishes a longitudinal study on the availability of qualified labour in Blue Denmark. In general, the report, which is sponsored by the Danish Maritime Fund, points…
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.
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”.
Strengthening Danish-Brazilian Cooperation
Brazil continues to be an important area for Danish shipping interests and, with the signing of a new agreement on cooperation with the Brazilian authority ANTAQ under the Brazilian Ministry of Transport, relations are being strengthened. The agreement was signed by Director General Andreas Nordseth of the Danish Maritime Authority and Director Mario Povia of the Brazilian National Agency for Waterway Transportation (ANTAQ) in Brasilia at a shipping policy seminar held between ANTAQ, the Danish Embassy and the Danish Maritime Authority.
ABB Commission Biggest HVDC Link
Zurich, Switzerland, January 12, 2015 – ABB, the leading power and automation technology group, successfully commissioned a high-voltage direct current (HVDC) link between Norway and Denmark to increase availability of renewable hydroelectric and wind power in the region’s electricity grid. At 500 kilovolts (kV), the Skagerrak 4 link sets a new record in transmission voltage using Voltage Source Converters (VSC). The converters rely on semiconductors to convert electricity from high–voltage alternating current to direct current and back, while offering controllability and compact design.
China – Denmark Shipbuilding Innovation Seminar Inaugurated
Danish Ambassador opens seminar on Shipbuilding Innovation. The seminar was organised in cooperation between China Association of the National Shipbuilding Industry (CANSI) and Odense Maritime Technology Ltd (OMT). The two organisations invited representatives from both countries to discuss the future cooperation, and how China and Denmark can benefit the most from each other. Danish Ambassador Friis Arne Petersen opened the China-Denmark Seminar on Shipbuilding Innovation. China and Denmark share the ambition of keeping the maritime sector in a global leadership position…
IMO Sets Guidelines for 2016-17
The IMO has just closed its Assembly meeting in London, which is held every second year. A number of important items were on the agenda, including the IMO work programme and budget for the 2016-17 biennium as well as the Organization's work on safety and the environment since the recent Assembly meeting. More or less all 171 member States and a number of interest organisations participated in the Assembly meeting. Especially three agenda items were of special Danish interest.