Digital Container Shipping Association Formed
Four container shipping giants - AP Moller-Maersk, Hapag-Lloyd, MSC and ONE - have jointly established Digital Container Shipping Association (DCSA) in The Netherlands to drive standardisation, digitalisation and interoperability in the industry.Industry veterans form leadership team, with Thomas Bagge appointed as CEO, said a press release from Hapag-Lloyd.After gaining regulatory approval from the Federal Maritime Commission (FMC) last month, four container shipping companies officially established the Digital Container Shipping Association (DCSA) on April 12…
Danfoss Hybrid Electric Ferry Operational
Danfoss Editron, a company specializes in hybrid and electric powertrain systems for off-highway and marine markets, said that it has provided the hybrid electric drivetrain system powering a new ferry connecting the communities of Thyborøn and Agger in north west Denmark.The ferry, which was delivered by the country’s Søby Værft shipyard, was ordered to replace the previous one that had been running for over 40 years and reached the end of its operational lifetime.Like most ferries in Denmark…
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.
Svitzer to Deliver Two Tugs for Suez Canal
Svitzer, part of Denmark-based A.P. Moller - Maersk Group, has signed a 10-year agreement with the Suez Canal Authority wherein the company will provide two newbuild tugs to support operations.The the largest company globally within towage, salvage and related services said in a press release that per agreement, it has to provide two new azimuth stern drive (ASD) tugs for supporting the operations in Port Said and Suez Canal."After several stages of approval and multi-disciplinary approaches…
Inert Gas Production for Alfa Laval Training Center
An Alfa Laval Smit Combustion system (FU type) is now installed at the Alfa Laval Test & Training Center in Aalborg, Denmark. The system, which adds inert gas production to the center’s already comprehensive range of full-scale vessel applications, will ensure that Alfa Laval remains at the forefront of developing and optimizing inert gas systems.Inaugurated in 2014, the Alfa Laval Test & Training Center is essentially a full-sized machine room on land, with equipment from all of Alfa Laval’s marine product groups installed in process lines as they would be on a commercial vessel.
Dan-Bunkering Hires Four New Traders
Dan-Bunkering has announced the hiring of four new team members for the office in Dubai. Trader-wise the Middle Eastern office is the second largest office in the Group, only marginally overtaken by the head office in Middelfart, Denmark.The four new appointments consist of four different nationalities, i.e. Nakul Dubey, Capt. Ada Ezgi Baser, Norman Xie Changlong, and Rune Jensen.Nakul Dubey was born in India and did his Master’s in Business Administration in the UAE before joining Dan-Bunkering as a Base Oil & Bitumen Trader.Capt.
India Watchdog: DP World Trying to Halt Probe
India's antitrust regulator said in a court filing that a challenge by Dubai's DP World of a probe into its alleged anti-competitive practices at a Mumbai port is an effort to halt or delay possible adverse findings against the firm.The Competition Commission of India (CCI) told a Mumbai court that DP World's local unit had "prematurely" rushed to court to stall or delay the probe, according to a filing by the watchdog dated Jan. 30 and seen by Reuters.The CCI filing has not been previously reported…
DP World Asks Court to Halt Antitrust Probe at Mumbai Port
Dubai's DP World has asked an Indian court to halt an investigation into alleged antitrust violations at the country's largest container port in Mumbai, saying the regulator was seeking excessive information, a court document seen by Reuters showed.The Competition Commission of India (CCI) last year 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 investigation followed a complaint by Singapore's PSA International Pte Ltd…
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…
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…
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…
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…
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.
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)
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.
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.
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.
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.
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…