Denmark Strengthens Ship Security
The Danish Maritime Authority (DMA) has taken steps to strengthen the safety and navigation of ships with new regulation on cyber security in the Danish maritime sector.As was underlined in the Danish governments’ recently released Cyber and Information Security Strategy for the Maritime Sector, Danish ships must be protected from cyber attacks."This is also the principal purpose of the Danish Maritime Authority’s new Order on security in network and information systems of importance to safety and navigation of ships…
CMA CGM in Effort to Buy rest of CEVA Logistics Shares
CMA CGM launches 30 Sfr/shr tender offer for CEVA shares; CEVA recommends shareholders decline the offer.ZURICH, Jan 28 (Reuters) - French shipping company CMA CGM on Monday formally launched a cash offer to buy out other shareholders of Ceva Logistics, valuing the Swiss freight forwarder at $1.67 billion as the companies pursue closer ties aimed at fueling growth and savings.CMA CGM, which already controls 50.6 percent of CEVA, and the Swiss company last year began developing a business plan to boost commercial cooperation and complementary services.At the time…
Svitzer Appoints Jeeninga, McKeating as Cluster Managers
Svitzer, aprovider of harbor and terminal towage to the global shipping industry, has recently appointed Fred Jeeninga as Cluster Managing Director, Continental Europe (Netherlands, Belgium, Georgia) and Maurice McKeating as Cluster Managing Director, UK South.Fred Jeeninga holds nearly 20 years of experience from the marine service industry. His work has taken him to Russia, Germany, Denmark, Brazil, and the Caribbean. He has been with Svitzer since 2009, most recently as Operations…
Denmark Adopts New Strategy for Cyber Security
The Danish Ministry of Industry, Business and Financial Affairs has launched a new sectoral strategy for the shipping industry. The strategy is a part of the Danish government’s national strategy for cyber and information security.The strategy contains a number of initiatives aimed at strengthening IT security and preventing cyber threats in the maritime sector, according to a press release from Danish Maritime Authority (DMA).The objective of the strategy is to ensure that safety…
India Okays Marititme MoU with Denmark
Indian Union Cabinet chaired by Prime Minister Shri Narendra Modi has approved the Memorandum of Understanding (MoU) on Maritime issues between India and Denmark.The MoU is proposed to be signed during the upcoming visit of the Denmark officials to India in January, 2019.Signing of the MoU will pave way for both countries for exploration of areas for bilateral collaboration in facilitating cross-border cooperation and investments between the maritime sectors of India and Denmark.The agreement will enable both the countries to exchange expertise…
Denmark to Introduce Digital Ship Registration
A proposal for new legislation has to advance digitalisation of the Danish International Registry of Shipping (DIRS) been submitted to the Danish Parliament.If adopted, digital ship registration will move closer to becoming reality, which will in turn reduce paper-work and time spent on transmission of document, said Danish Maritime Authority (DMA).In order to facilitate the digitalisation of both deeds and mortgages as well as the work routines of registration, the new proposal…
Japan's MOL Acquires Nordic Tankers
Japanese shipping giant MOL's Chemical Tankers unit has agreed to take full control of Triton-owned Nordic Tankers. The deal expected to close in February 2019.Denmark-based Nordic Tankers said in a press release that its current sole shareholder Triton agreed to sell and deliver 100% of shares to MOL Chemical Tankers (MOLCT) and MOLCT buys and takes delivery of 100% of shares of NT from Triton, in each case together with all rights attached to them on and with effect from the…
Bunker One Expands to Germany
Denmark-based marine fuel supplier Bunker One has announced the establishment of a new physical bunker entity, serving the German market.Bunker Holding subsidiary said that the business activities of the new entity Bunker One (Germany) GmbH will be concentrated on supplying marine fuel products and other related services to ferry- container- and other commercial vessels in all ports at the German North Sea and Baltic Sea regions with base in Rostock, Kiel and Hamburg.To benefit…
Indian Court Refuses to Quash Antitrust Probe at Mumbai
An Indian court has declined to quash or stall an antitrust investigation into Dubai-based port operator DP World's alleged anti-competitive behaviour at the country's largest container port in Mumbai, three sources told Reuters on Wednesday.The Competition Commission of India (CCI) last month said it suspected antitrust violations by DP World and Denmark's A.P. Moller-Maersk at the terminals they operate at state-owned Jawaharlal Nehru Port Trust (JNPT).The CCI's probe followed a complaint by Singapore's PSA International Pte Ltd…
Danish Compatriots Test Emissions Monitoring Solution
Danish shipping company Nordic Tankers, Dania Ship Management and Danfoss IXA have been cooperating on testing new innovative technology for monitoring emissions on an ongoing basis.The chemical tanker company hailed that the result is a front runner solution to ensure global enforcement of the IMO’s requirements for sulphur emissions way before any legislation is pushed through.“The sensor equipment from Danfoss IXA is an innovative piece of technology that enables ship owners to continuously prove compliance with the IMO’s requirements for sulphur emissions.
Denmark Mulls Most Modern Container Port
Copenhagen Malmö Port said that Denmark’s most modern container port will be completed by the end of 2021 – the futureproof, modern, sustainable and automated container terminal in Copenhagen. The terminal substantially strengthens CMP’s role as the leading actor within freight handling in the capital region and throughout Eastern Denmark.The area in Outer Northern Harbour is fairly anonymous, however, the on-going groundworks are a reminder that this is where the container terminal of the future will be just three years from now.“We are making a major investment.
New EU Secretary Director for Danish Shipping
On 1 January 2019, Jens Valdemar Krenchel will take up the position as Head of EU Representation for Danish Shipping at the the EU office in Brussels, where Danish Shipping has been represented since 1989.At the same time, he will join the management team of Danish Shipping as Head of the organisation's EU Representation, which employs a team of four. He takes over from Casper Andersen, who has left Danish Shipping."I am pleased to welcome Jens in The Blue Denmark. Jens is a capacity with considerable insights into EU relations. Jens will be a strong voice for Danish shipping in Brussels.
Ørsted Completes Divestment in Hornsea 1 Offshore Wind Farm
Danish offshore wind farm developer Orsted A/S has completed the divestment of 50% of the Hornsea 1 Offshore Wind Farm to Global Infrastructure Partners (GIP).Three months ago, Ørsted signed an agreement to sell 50% of the 1,218MW offshore wind farm Hornsea 1 to Global Infrastructure Partners (GIP). Hornsea 1 is under construction and will be the world’s largest offshore wind farm when commissioned in 2020.As part of the agreement, Ørsted will construct the wind farm under a full-scope EPC contract.
India to Probe Alleged Antitrust Behavior by Maersk, DP World at Mumbai Port
India's antitrust regulator has ordered a probe into alleged anti-competitive practices by Denmark's A.P. Moller-Maersk and Dubai's DP World at the terminals they operate at the country's largest container port in Mumbai, five sources familiar with the matter told Reuters.The decision by the Competition Commission of India (CCI) to investigate follows a complaint by Singapore's PSA International Pte Ltd, which alleged that Maersk and DP World created entry barriers to hinder the…
Maersk Ousts Danske Bank Chairman after Scandal
Danske Bank's largest shareholder, the Maersk family, has ousted the lender's chairman after a money laundering scandal that has also forced out its chief executive.A.P. Moller Holding, which controls about 21 percent of the share capital in the bank, has nominated Karsten Dybvad, who currently heads the Confederation of Danish Industry, to replace Ole Andersen as chairman of Denmark's largest bank.The move is a rare example of Denmark's Maersk family, which controls shipping giant A.P. Moller-Maersk through A.P.
Wärtsilä Sells Pumps Business to Solix Group
Finnish technology group Wärtsilä has divested its pumps business to Solix Group, a Scandinavian investment company with offices in Copenhagen, Denmark and Malmö, Sweden.According to a press release from the marine technology giant, Wärtsilä Pumps has belonged to the Wärtsilä Marine Solutions organisation and became part of the company along with the acquisition of Hamworthy in 2012. The Wärtsilä Pumps business recorded sales of approximately 50 MEUR in 2017.The divestment will enable Wärtsilä to devote greater focus to its Smart Marine vision.
CMA CGM Ups Its Stake in Ceva Logistics
French shipping group CMA CGM has obtained a further 4.56 percent stake in CEVA Logistics AG , the Swiss transport group which rejected a bid from Denmark's DSV, Ceva said on Wednesday."The company has further been informed that CMA CGM entered into a derivative transaction related to the shares of the company with cash settlement (Total Return Swap) giving CMA CGM an additional economic exposure of 4.56 percent in CEVA Logistics' share capital," Ceva said in a statement.(Reporting by Sudip Kar-Gupta)
Interferry Names New Chairman and Board Members
Interferry, the trade association representing the worldwide ferry industry, has announced that the new chairman of its board of directors is John Steen-Mikkelsen, CEO of Danish ferry operator Danske Faerger.Steen-Mikkelsen was elected together with three new board members at the annual general meeting held last week in Cancun, Mexico, during the association’s 43rd annual conference.The Interferry board is drawn from all types of large and small ferry operations - including ro-pax, ro-ro, cruise ferries, fast ferries and passenger-only ferries - as well as industry suppliers.
Dan-Bunkering Hires Five in Denamrk
A/S Dan-Bunkering Ltd. has announced the employment of below five Bunker Traders in the office in Middelfart, Denmark, as of September 2018.Matea Jelicic was born and raised in Croatia and holds a double degree in Petroleum Engineering and Supply Chain Management. Additionally, she brings along a vast amount of experience from different parts of the industry.Yevheniia Karyndzha is of Ukranian origin and has been living and working in Turkey for a period, providing her with great…
EU Okays Expansion of Denmark's Shipping Tax
The European Commission approved on Friday the expansion of a Danish scheme to tax shipping companies on their tonnage, the EU executive said in a statement.Under the so-called tonnage tax schemes, shipping companies pay taxes on the basis of the size of the shipping fleet rather than on their actual taxable profits.The Commission authorized Denmark to expand its existing scheme for shipping firms to several new categories including guard vessels and ships servicing off-shore installations, it said in a statement.(Reporting by Francesco Guarascio)
Good start for CETA Agreement
New calculations indicate that last year's trade agreement between the EU and Canada, the CETA agreement, has had a positive impact on trade between the continents and significantly increased exports from the EU to Canada. Shipping companies feel the effect of this.Last year's abolition of virtually all tariffs has improved the business climate between Canada and the EU and led to significantly increased EU-Atlantic exports to Canada. Canada is Denmark's 13th largest trading partner…
Dan-Bunkering DMCC Welcomes Three New Bunker Traders
Dan-Bunkering said it has hired three new Bunker Traders in its Dubai office.Benedek Nagy was born and raised in Hungary, however, at the age of 18 he moved to Denmark to study International Shipping and Trade as well as gain experience within the shipping industry.Fabio Rossetti grew up in Denmark and holds a graduate diploma in Managerial Economics and Innovation Management from Copenhagen Business School.Nemish Jose is of Indian descent. He is an MBA Port & Shipping Management graduate from Indian Maritime University and speaks English, Hindi, Malayalam, and Tamil.
DFDS: New Intermodal Link Between Sweden and Turkey
Denmark-headquartered shipping company DFDS is offering a new connection between Sweden and Turkey following its recent acquisition of Turkish company UN Ro-Ro.Through the Sweden – Turkey intermodal connection now in effect, the carrier offers connections from Gothenburg in Sweden to Trieste in Italy, Patras in Greece and Pendik, Ambarli and Mersin in Turkey.By connecting the existing DFDS network in northern Europe with the new routes in southern Europe and the Mediterranean Sea, DFDS is capable of offering transportation of cargo from North to South and back.
Logimatic Brings in People with Autism to Test Software
Logimatic has just entered into an agreement with Special Minds regarding software testing. The IT-consultants at Special Minds all have an autism profile which is perfect for testing software, as they have zero tolerance for mistakes.The shortage of IT competences is widely known. According to statistics from IT-Branchen’s IT-Barometer 2018, 2 out of 3 companies are considering the shortage of IT competences as the largest barrier to growth. However, for Logimatic the help has turned out to be very near, as the IT consultancy Special Minds has offices right next to Logimatic.Lars F.
Kiel Marks 150th Cruise Ship Call This Season
The cruise ship Aurora, part of the fleet of the English shipping company P&O Cruises, arrived early Tuesday morning for her first visit to the Kiel Fiord.The ship’s maiden call also marked the 150th visit to Kiel this year by a cruise ship. Nicole Claus, Cruise Shipping Director of the PORT OF KIEL said: “Actually it’s the very first time ever that we have registered 150 visits in a single season. The arrival of the Aurora is a milestone which underscores the development of Kiel…
Essberger Tankers Sign Deal with GAC
Chemical tanker operator Essberger Tankers has signed a ship agency deal with GAC throughout Scandinavia. Under the agreement, GAC will handle an estimated 600-800 port calls a year for Essberger’s fleet of vessels carrying a wide range of high-grade chemicals.The deal comes after more than 20 years of GAC managing Essberger’s port calls in Finland. The shipping and logistics service provider’s ability to deliver the same level of support from its expanding network of offices in Sweden…