J Lauritzen News

H2Carrier announced that Michael Kristensen has joined the company as chief commercial officer. His main focus short term will be business development and contributing to maturing H2C’s current portfolio of energy projects.Kristensen has worked for 30 years in the maritime and energy sectors in different positions and for companies such as J. Lauritzen, NYK, Alcatel Submarine Networks, Axis Offshore and Prosafe. Kristensen worked as COO in Axis offshore for five years before the company was sold by HitechVision to Prosafe in 2017.

Bulk shipping companies Torvald Klaveness and Lauritzen Bulkers are collaborating, with Lauritzen Bulkers testing Market Manager by Klaveness for better decision-making.The software-as-a-service (SaaS) platform developed by Klaveness Chartering enables customers to be better informed about shipping markets.Niels Josefsen, CEO at Lauritzen, said: “Over the past four years, Lauritzen Bulkers has transformed from a traditional shipowner and operator to a company with increasing focus on active portfolio management.

Lauritzen Bulkers announced it has taken full ownership of three additional secondhand bulk carrier vessels in the month of August.The three geared capesizes were built between 2015 and 2017.Asian Bulker is a handysize built in 2017 with a summer DWT of 36,169 mt, taken over by Lauritzen Bulkers on August 14.Australian Bulker is a handysize also built in 2017 with a summer DWT of 36,184 mt, taken over by Lauritzen Bulkers on August 16.Iceland Bulker (previously Glorious Mahuta) is another handysize vessel with a summer DWT of 37,775 mt and was taken over on August 24.

A worker has died as a result of injuries suffered on board a vessel docked at Aberdeen's south harbor.The Port of Aberdeen and local authorities said the worker died on scene following an onboard incident at Dunnottar Quay on Saturday."Around 3:40 p.m. on Saturday, July 22, 2023, police were called to Dunnottar Quay, Aberdeen South Harbor, in Aberdeen after a report that a man had been seriously injured whilst working on a ship docked at the site," a Police Scotland spokesperson said. "Emergency services attended but the man died at the scene.

Danish investment company J. Lauritzen announced it has ordered a third methanol dual-fuel bulk carrier from Japan's Tsuneishi Shipbuilding in an expansion of its partnership with U.S. agribusiness giant Cargill.The vessel will be a sister ship to the two 81,200 dwt Kamsarmax bulkers ordered by J. Lauritzen in April.The ships will be fully owned by Lauritzen NexGen Shipping and be operated by Cargill for a minimum period of seven years.Each will be capable of trading with zero…

Danish shipping company J. Lauritzen said it signed letter of intent for construction of minimum two methanol dual-fuel 81,200 dwt Kamsarmax bulk carriers, which will be built by Tsuneishi Shipbuilding, Japan, and be capable of trading with zero carbon emissions when powered by green methanol, and biodiesel.The vessels will be among the very first zero emission capable bulk carriers in the world, and they will be fully owned by a newly established entity named “Lauritzen NexGen Shipping” which J.

Danish shipowner Lauritzen Bulkers said it has taken over the bulk carrier Chilean Bulker on October 29, 2022.It is a 39,500 mt dwat, box/open hatch handysize bulk carrier built at China's Jiangmen Nanyang Ship Engineering Co. Ltd. shipyard in 2019. The vessel has been under the control of Lauritzen Bulkers since then and now flies the Danish flag with Hellerup as its homeportThe ship is a sister-vessel to the Canadian Bulker Lauritzen took over earlier this year. "This type of vessel has proven to be a flexible type for our needs in serving our various clients…

Weathernews Inc (WNI) said it has joined forces with Vessel Performance Solutions (VPS) to integrate performance data from ship systems with its weather routing system to help improve voyage planning.The VESPER software platform by VPS records continuous performance data from the hull and propellers, main and auxiliary engines and boilers to determine speed, RPM and fuel consumption estimates that can be accessed within WNI’s Optimum Ship Routing (OSR) service.“This raises the…

When the maritime history books are written, 2020 will be viewed as a year of pivots, re-invention and new paradigms. By February 2020, concerns about marine fuel’s sulfur content quickly shifted to near-term disruptions induced by the COVID-19 pandemic. By mid-year, with demand recovering, the conversation turned to longer term questions surrounding the moves towards reduced maritime carbon emissions and alternative fuels. How will this all impact the current fleet?Perhaps the most extreme reaction to the shifting landscape is the ongoing “pivot” of Scorpio Bulk (NYSE: SALT)…

The Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping on Tuesday announced its management team. to join CEO Bo Cerup-Simonsen in building an organization capable of facilitating the transition to a carbon free global shipping industry.Made possible by a DKK 400 million ($63.5 million) donation by the A.P. Møller Foundation, the Center was formed in June by a group of global shipping entities committing themselves to decarbonizing the maritime industry. The Center, which recently revealed its Board of Directors and a location at the heart of the Danish Shipping cluster in Copenhagen…

Technology group Wärtsilä has launched of its global Smart Support Center service. This service is aimed at improving asset uptime via remote access for customers of Wärtsilä’s Voyage business, thereby substantially reducing the need for physical service attendance. Operational support is delivered via virtual service engineers. Smart Support is designed to maintain all Wärtsilä Voyage equipment, including ship handling solutions, such as ECDIS and charts, simulation and training systems, and ship traffic control solutions.

NORDEN partners with Danish based Kvasir Technologies, a spinout from the Technical University of Denmark with a patented technology to produce fuel from plant material.“At NORDEN, we want to drive the shipping industry towards a cleaner future. If we are to truly make a difference, testing fuel alternatives is the right starting point,” says Henrik Røjel, Fuel Efficiency and Decarbonization Manager at NORDEN. “The collaboration with Kvasir is highly welcomed, both as part of…

Danish shipping company J. Lauritzen has selected Marlink to deploy fully integrated and managed IT services on all Lauritzen Kosan managed gas carriers. The solution will be based on Marlink’s ITLink portfolio, with the KeepUp@Sea platform enabling automation of software and security updates, network and PC health monitoring and remote access for fast issue resolution. Once implemented, Lauritzen Kosan will benefit from a fully standardized ICT setup across its fleet, and have…

Dynagas LNG Partners LP, an international owner and operator of liquefied natural gas (LNG) carriers, announced it has secured a $675 million syndicated loan from leading international banks.The credit facility will be secured by mortgages on the partnership’s entire fleet of six LNG carriers, the Monaco-headquartered company said.This move is expected to help the company eliminate its existing dept of totaling $720 million.Tony Lauritzen, Chief Executive Officer, Dynagas LNG Partners said: "We are pleased to enter into this transformative re-financing. The Credit Facility provides the Partnership with reduced cost of debt relative to…

E-ferry Ellen, the world's largest all-electric ferry,  made its first commercial trip connecting the ports of Søby and Fynshav (Denmark).Switzerland-based battery system provider Leclanché SA has powered the vessel, capable of carrying approximately 30 vehicles and 200 passengers,  with a capacity of 4.3MWh.Participating in this event celebrating the first scheduled ferry service between the two Danish islands were the respective mayors of the two municipalities, Ole Wej Petersen of Aerø and Erik Lauritzen of Søndeborg.E-ferry Ellen is expected to be fully operational within a few weeks. E-ferry is part of the Danish Natura project…

Danish shipping company J. Lauritzen has removed 15 bulk carriers from its fleet amid a weak shipping market marked by low freight rates across all dry bulk vessel sizes.The Hellerup-headquartered company’s controlled fleet stood at 68 bulk carriers in the first quarter of 2019, down from 83 units in the same quarter in 2018.J. Lauritzen said that the market for handysize bulk carriers was weak throughout the first quarter and the handysize index ended approximately 30% below the level recorded one year ago.Mads P. Zacho, ceo of J. Lauritzen, commented that “global trade tensions together with problems affecting Brazilian iron ore exports…

Lack of crew knowledge is not a valid reason for non-compliance in ballast water treatment. This is clear from statements made by the U.S. Coast Guard (USCG) and is also suggested by the IMO Ballast Water Management (BWM) Convention guidelines. To help customers manage the challenge of keeping crews updated and trained, Alfa Laval is introducing Alfa Laval PureBallast 3 Computer-Based Training (CBT). Alfa Laval PureBallast 3 CBT is an online/offline training tool that serves as a complement to crew training on board or at training centers.

Monaco-based owner and operator of liquefied natural gas (LNG) carriers, reported a third-quarter ended September 30, 2018 loss of $654,000, after reporting a profit in the same period a year earlier.The gas shipping company said that the Q3 results included $2.3 million of scheduled class survey and dry-docking costs related to the Yenisei River, one of the three tri-fuel diesel engine (TFDE) vessels in our fleet.The company said it had a loss of 7 cents per share. Earnings, adjusted for non-recurring costs, were 4 cents per share. It has posted revenue of $31.3 million in the period, which beat Street forecasts.Tony Lauritzen, Chief Executive Officer of the Partnership, said: “Our reported earnings for the third quarter of 2018 were in line with our expectations.

BIMCO, the largest of the international shipping associations representing shipowners, said that it has revised and updated its two standard ship repair contracts: REPAIRCON, which is for major work at a repair yard; and MINREPCON, which is for minor repair work that can be done by contractors when a ship is in port.Both contracts were approved at BIMCO’s Documentary Committee in Copenhagen on 13 November. Modifications and improvements have been made to the REPAIRCON contract, while MINREPCON has undergone a full review, said a release from the company.“Ship repair is a major undertaking and it’s important that both parties are fully aware of their respective part in the process.

Monaco-headquarters Dynagas LNG Partners said that it had estimated contracted time charter coverage for 98% of its fleet estimated available days for 2019, 100% of its fleet estimated Available Days for 2020 and 92% of its fleet estimated Available Days for 2021.As of March 21, 2019, the Partnership’s contracted revenue backlog estimate  was $1.38 billion, with an average remaining contract term of 9.5 years, the Liquefied Natural Gas (LNG) maritime transportation company said. Tony Lauritzen, Chief Executive Officer of Dynagas said: "All of our LNG carriers are or to be employed on long-term contracts with an average contract duration of approximately ten years…

A new Danish maritime research, development and innovation partnership has been established under the name of ShippingLab.Danish shipping company J. Lauritzen together with Maersk Tankers, DFDS, Torm and a range of other shipping companies, industrial maritime suppliers, research and technology institutions and universities have formed the partnership, where industry and academia work together with the purpose of solving practical issues to the benefit of society.The overarching goal of the partnership is to develop Denmark’s first autonomous, environmentally friendly ship. The pathway to achieving that goal will also include workstreams on digital ship operation and decarbonisation.The workstream on digital ship operation will focus on the development of intelligent solutions…

Shipowners, who are facing one of the biggest changes in the oil industry in decades, are seeing more fuels that will be compliant with new rules on sulphur emissions from ships, but some say the way forward is far from clear.The United Nations shipping agency the International Maritime Organization (IMO) will from January 2020 limit the sulphur content in fuel ships use to 0.5%.With the exception of some zones around northwest Europe and North America known as Emission Control Areas where maximum sulphur content is restricted to 0.1% sulphur, the current global cap is 3.5%.The sulphur switch will be a mammoth task as it requires adapting the 300 million tonne a year bunker fuel market…

Dynagas LNG Partners has entered into an agreement with Yamal Trade for the early commencement of the long term charter contract for employment of the ice class liquefied natural gas (LNG) carrier Yenisei River in the Yamal LNG Project. The owner and operator of LNG carriers said that pursuant to this agreement, the Yenisei River will commence operating 180 days earlier and as a result, the firm charter period has been extended from 15 years to 15 years plus 180 days. The Yenisei River was delivered early to Yamal LNG on August 14, 2018, immediately upon completion of its mandatory statutory class five-year special survey and dry-docking in Singapore.Tony Lauritzen…