Carsten Mortensen News

The weather forecasting services provider StormGeo AS has appointed Carsten Mortensen as new Non-executive Chairman to its Board of Directors.He brings more than 30 years of operational experience, having held leadership positions at global Nordic companies, such as A.P. Møller-Mærsk, D/S Norden and most recently as CEO of BW Group.Furthermore, Carsten Mortensen has been a strong advocate for the adoption of digital services and sustainable business practices through his Chairmanships of the Danish Shipowners Association and “Vækstteam”, an initiative to fuel growth in the maritime industry supported by the Danish Government.Rikke Kjær Nielsen, Partner at EQT Partners, comments, “We are proud to announce Carsten as StormGeo’s new Chairman.

BW Group has entered into a definitive agreement to buy a 36.3% stake in Hafnia Tankers, a shipping company formed by the management team of former Tankers Inc. The majority of the shares will be acquired through BTS, a collaboration between Blackstone-managed funds, Tufton Oceanic and Hartmann, and the balance purchased directly from certain Blackstone-managed funds. ombined with recent purchases from other shareholders, BW Group will own 43.5% of Hafnia Tankers. Carsten Mortensen, CEO of BW Group says, “BW Group is pleased to acquire this shareholding in Hafnia Tankers with its strong operational platform and quality fleet. We look forward to discussions with the other shareholders about the future strategy.

A joint venture agreement between Japan’s Mitsui & Co. and Singapore’s BW Group Limited will see Mitsui purchase a 49 percent share in the floating storage and regasification unit (FSRU) BW Integrity, while BW will maintain a 51 percent share. The deal is expected to close as soon following payment for the acquisition. BW Integrity is currently in Port Qasim on a 15-year charter to PGP Consortium Limited (PGPC), to provide LNG regasification services at Pakistan’s second LNG import terminal. BW will continue to provide commercial and technical management services.

A U.S. court has rejected a last-minute effort by billionaire investor John Fredriksen's Frontline to prevent BW Group from acquiring a major stake in rival oil tanker firm DHT Holdings, DHT said on Thursday. The New York County Supreme Court's decision means that privately-owned BW Group, led by shipping tycoon Andreas Sohmen Pao, can proceed with the sale of 11 very large crude carriers (VLCCs) to DHT in exchange for DHT's shares. "The transaction will proceed as planned, and in fact the first ship is being transferred to DHT today…

OceanSaver said it has received the final type approval certificate from U.S. Coast Guard as the first ballast water treatment system (BWTS) supplier utilizing electrochlorination. This means that a USCG type approved system is now available for medium and large vessels like LR1s, VLCCs and large gas carriers. U.S. regulations require all vessels trading in U.S. waters to treat ballast water with USCG type approved ballast water treatment system before discharge. OceanSaver, partly owned by the energy shipping company BW Group…

Norway-based BW Gas will provide Egypt with a liquefied natural gas (LNG) floating import terminal under a five-year contract. This comes as as the North African country's government grapples with energy shortages. "BW has been selected by The Egyptian Natural Gas Holding Company (EGAS) to provide LNG regasification services utilizing a Floating Storage and Regasification Unit (FSRU) in Ain Sokhna, Egypt," said a statement from the company. The floating regasification and import terminal, which converts super-cooled LNG into gas, is Egypt’s second. An import terminal from Norway’s Hoegh LNG arrived in Egypt in April, allowing Egypt to begin LNG imports. The new terminal will have a capacity of 750 million cubic feet per day, the official said.

After 17 years with Dampskibsselskabet NORDEN A/S, with almost 10 years as CEO, Carsten Mortensen says he has decided to resign his position as CEO of NORDEN and seek new challenges as Group CEO of the  maritime BW Group. The Board of Directors is in the process of finding a successor. Carsten Mortensen will be available to NORDEN for a [undefined] period. Mortensen has been head of NORDEN in a period when the firm has developed into one of the largest dry cargo and product tanker companies in the world. It is with regret, the Board says, that it has received Carsten Mortensen’s resignation. According to NORDEN's web site Mortensen joined NORDEN in 1997 as head of the Dry Cargo Department. He became a member of Management and was appointed COO in 2004.

Thome Ship Management has reached a new milestone by taking over the full management of its first vessel to be flagged under the Danish International Ship Register. The technical and crew management deal, signed with Danish ship owner Evergas, involves the 12,000 cubic metre ethylene carrier JS Greenstone which was placed under the Danish flag during a recent State visit by HM The Queen of Denmark and HRH The Prince Consort to China. A naming ceremony at the Sinopacific Offshore & Engineering (SOE) shipyard in Qidong was attended by Anne H.

Dampskibsselskabet Norden, one of the world's oldest and largest ship owners, has joined OceanConnect as a new equity partner. Norden Senior Vice President Carsten Mortensen said that, "We established this partnership because OceanConnect has provided Norden with benefits far beyond traditional fuel brokering. The savings to date have been tremendous. In light of these results, we wanted to partner with the company that is changing the way bunkers are purchased." "We have been using OceanConnect for over a year, and we are saving money on fuel, our largest variable cost. We're acquiring equity because we know the value of OceanConnect's service," Norden Vice President Jacob Meldgaard said.