Jeddah Mulls Safe and Secure Regional Waters
Signatory States to an agreement aimed at repressing piracy, armed robbery and illicit maritime activity in the western Indian Ocean and the Gulf of Aden Area have agreed that building response capability and information sharing are vital steps towards achieving a more safe and secure maritime environment. The signatories to the revised Code of Conduct concerning the repression of piracy, armed robbery against ships and illicit maritime activity in the western Indian Ocean and the Gulf of Aden Area…
Maersk's Damco Leases Logistics Center in Los Angeles
Damco, a part of Denmark's A. P. Moller-Maersk, has agreed with Goodman Group on a 10-year lease of a one million square feet logistics center in Los Angeles, the two companies said in a joint statement on Monday.Damco will occupy 100 percent of the space at Goodman Gateway Santa Fe Springs, a six building logistics campus set over 75 acres including 18 acres of trailer parking.The facility is located within the Los Angeles industrial market.
Monjasa Expands into Northern Europe and France
Monjasa expands its reach to Northern France and goes from two to three supply vessels in Northwest Europe. Providing a niche market alternative to the Amsterdam-Rotterdam-Antwerp (ARA) bunker hub has proven relevant for a growing number of customers and volumes are increasing. Steadily growing demand in the English Channel allows Monjasa to expand its services to cover Northern France as well. Monjasa is able to cover port areas from Dunkerque, Calais, Dieppe, Le Havre and all the way to Brest.
DP World Acquires Unifeeder for $762.6 Mln
DP World, one of the world's largest port operators, said on Tuesday it had acquired 100 percent of Unifeeder Group, a Danish logistics company, for 660 million euros ($762.6 million).The acquisition from Nordic Capital Fund VIII and certain minority shareholders will boost DP World's presence in the global supply chain and broaden its product offering to its customers, shipping lines and cargo owners, DP World said.Based in Aarhus, Denmark, Unifeeder operates a container feeder and a shortsea network in Europe, serving both deep-sea container hubs and the intra-Europe container freight market
DP World Gross Volume Up 4.8% for 1H 2018
Dubai-based port and terminal operator DP World said that its gross volumes rose 4.8 percent to USD 35.6 billion s for the six months to 30 June 2018, despite uncertainties in the container market. On a reported basis, revenue grew 14.4%.Revenue growth is supported by the volume growth across all three regions and the impact of new acquisitions including Drydocks World LLC (Drydocks), Dubai Maritime City (DMC) and Cosmos Agencia Marítima (CAM).Profit attributable to owners of…
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.
Floating Pier Provides Flexibility for Donsö Harbor Project
SF Marina has built pontoons and floating breakwaters internationally for a range of bespoke marinas designed to suit local conditions worldwide, from a fishing station in the north of Iceland to the sunny but continually storm-hit Caribbean. The company has leveraged this experience for the Donsö Harbor Association in a project called Donsö Djuphamn – the Donsö deep water harbor project.“This project will benefit the fishing and commercial fleets, but it will also benefit other marine traffic such as official vessels.
Top Container Shipping Lines Reviewing Iran Operations
The world's top two container shipping groups Maersk Line and MSC are reviewing their Iran operations after the United States withdrawal from the international nuclear agreement with Tehran.The 2015 agreement, worked out by the United States, five other world powers and Iran, lifted sanctions on Tehran in exchange for limits to its nuclear program.U.S. President Donald Trump also instructed his administration to re-impose U.S. sanctions after a winding down period."MSC is reviewing its services…
Equinor Acquires Energy Trader Danske Commodities
Norwegian oil and gas major Equinor, formerly Statoil, is acquiring the Danish energy trading company, Danske Commodities for EUR 400 million (USD 470 mln). "Equinor has reached agreement to buy 100% of the shares in Danish energy trading company Danske Commodities (DC) for EUR 400 million, with smaller contingent payments depending on DC’s performance over the next couple of years," said a press release from the company. This acquisition – of one of Europe’s largest short-term electricity traders – supports Equinor’s development towards becoming a broad energy company.
KNUD E. HANSEN Expands in Canada
Naval architecture and marine engineering firm KNUD E. HANSEN has set up a permanent presence in the east coast port of Halifax, Nova Scotia, allowing the Denmark based company to increase its focus on Canada’s growing maritime sector as well as the increased demand for Arctic ship tonnage.Halifax will serve as the home base for senior naval architect and project manager Sam Stark, who has been with the company since 2013. Stark is tasked with increasing awareness of KNUD E. HANSEN…
Khaydukov Named President of PAO Novoship
The Board of Directors of Russian tanker shipping company PAO Novoship has elected Alexey Khaydukov as the company’s new President.Khaydukov replaces the firm’s previous President, Yury Tsvetkov, who stepped down from his role on August 8, 2018, following his appointment as a Deputy Minister of Transport of Russia, Head of the Federal Agency for Maritime and River Transport.Prior to his appointment, Khaydukov was Managing Director of SCF Management Services (Novorossiysk) Ltd.
Twill Replaces Damco with Maersk
Twill, a digital freight forwarder designed to make shipping simple, has announced a change in its brand affiliation from Damco to Maersk.Launched in April 2017, Twill was created as a ‘Damco innovation’ and operated as a partner with the freight forwarder and supply chain management company, which is part of A.P. Moller - Maersk.The realigning of the brand will make it possible to offer Twill to all Maersk customers, in line with the A.P. Moller - Maersk strategy to become a…
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…
Hafnia Tankers in Leaseback Deal with Sole Shipping Fund
Denmark's Hafnia Tankers has completed two sale and leaseback transactions with a Sole Shipping fund."Hafnia Tankers has successfully completed two sale and leaseback transactions with Skaatholmen Shipping Ltd, a company owned by Sole Shipping Special Opportunities Fund II of its 2010 built LR1 tankers, Hafnia Asia and Hafnia Arctic," said a press release from the company.The vessels have been sold to Skaatholmen Shipping with a seven-year bareboat charter back with annual purchase…
Morten Mosegaard Christensen New CFO for Maersk Tankers
Maersk Tankers has appointed Morten Mosegaard Christensen as its new Chief Financial Officer (CFO).Christensen joins Maersk Tankers from Danske Bank where he serves as interim CFO and Chief of Staff. Previously, he has held leadership positions at Danske Bank, including Head of Group Finance and Head of Group Financial Management.He has long experience in finance in areas such as performance management, tax, cost control, accounting, business intelligence and capital management. He has also worked in strategy and business development at a senior management level.
Hafnia Tankers, BW Tankers USD 2.3bln Merger Soon
Denmark-based shipping company Hafnia Tankers is exploring the possibility of consolidation with BW Tankers, part of BW Group, Hafnia’s CEO Mikael Skov said.In its half year results statement Hafnia said: “Hafnia is exploring the possibility of consolidation with BW Tankers, a company owned by BW Group, one of our shareholders.”BW Group increased its shareholdings in Hafnia in early July when it acquired BTS Tankers Partners LLC. With the acquisition, BW Group became the beneficial owner of 43.5% of the Hafnia Group.Last month…
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…
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…
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.
SAL Heavy Lift Inks Deal for Horns Rev 3 Shipments
SAL Heavy Lift said it signed a contract with GeoSea NV for the shipment of a total of 49 transition pieces for the Horns Rev 3 Offshore Wind Farm.The assignment compiles transportation of TPs from fabrication yards in Aalborg, Denmark and Vlissingen, Netherlands to the project port of Esbjerg in Denmark. SAL must prepare a full HSSE and Quality plan, create the technical design and finalize the engineering work, execute procurement as well as fabrication of five TP grillages and one lifting tool and get the vessel ready to load the first units.Each of the 49 TP’s measures 32…
Former OW Bunker Manager Gets 18 Months in Jail
A Danish court on Wednesday sentenced the former manager of OW Bunker's Singapore subsidiary to 18 months in prison after he was found guilty of granting credit outside his mandate, contributing to the bankruptcy of the marine fuel oil supplier.The 2014 bankruptcy of OW Bunker, then the world's leading supplier of marine fuel oil with a 7 percent market share, sent shockwaves through the global shipping industry and left investors and business partners scrambling to cover their losses.The city court of Aalborg said it found Lars Moller…
Maersk Poaches New CFO from Assa Abloy
Denmark's A.P. Moller-Maersk has chosen Carolina Dybeck Happe as its new Chief Finance Officer, it said on Wednesday.Happe will take the position at a time where Maersk is undergoing a strategic transformation from a broader conglomerate including an oil business to a more focused shipping company.The 45-year Swede, who comes from a CFO position at the world's biggest lock group Assa Abloy, will start on Jan. 1 2019 at the latest, Maersk said in a statement.The move comes after…
MSC Grandiosa to be Named in Hamburg
MSC Meraviglia officially made her maiden call at the port of Hamburg today, marking the start of her new as well as the brand’s best and most accessible-ever season in Northern Europe. At the traditional exchange of crests attended by Senator Horch from the City of Hamburg as well as representatives from the Ports and other institutions, media and travel partners, MSC Cruises, the Swiss-based world’s largest privately owned cruise line and now for the third consecutive year brand market leader across the whole of Europe…
DNV GL Hires Bendrik as Chief Digital Transformation Officer
Klas Bendrik will join DNV GL September 1 as Chief Digital Transformation Officer to support DNV GL’s digitalization and IT strategy. Bendrik will be based at the DNV GL headquarters in Høvik, Norway and will be a member of DNV GL Group’s Executive Committee and report to Group President and CEO Remi Eriksen.“Digitalization is central to our strategy. DNV GL invests 5 percent of its revenue on research, development and innovation, and now more than 60 percent of this is dedicated to our digital transformation,” Eriksen said.
Danish Fleet Surpasses 20 million GT
The total gross tonnage of the Danish ship registry recently surpassed 20 million GT for the first time in history.Denmark, which has been steadily climbing the ranks as a shipping nation, is currently the world's 12th largest register.The fleet under Danish flag continues to grow as the country’s government maintains efforts to ensure conditions are attractive for the maritime industry, the Danish Maritime Authority (DMA) noted, citing as an example the recent removal of registration fees for ships in Danish registries…