Faulty Missile Launcher Closes Busy Danish Sea Lane
An activated but faulty missile launcher on a Danish navy vessel triggered a closure of airspace and shipping traffic in the Great Belt strait on Thursday, the Danish armed forces said.Denmark's National Maritime Authority had earlier warned ships not to sail through the Great Belt strait, one of the world's busiest sea lanes and the main maritime access to the Baltic Sea, due to the risk of "falling missile fragments"."The problem occurred during a mandatory test where the missile launcher is activated and cannot be deactivated…
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. At Nordic Tankers, together with our partners, we aim to be front-runners in supporting the development of our industry worldwide…
Fund Targets Mols-Linien
The Danish equity fund Polaris makes a tender offer on all shares of the ferry operator Mols-Linien, which sails on routes Odden-Ebeltoft and Odden-Aarhus. Polaris offered to pay 34 Danish crowns a share, valuing the ferry operator at 482 million Danish crowns ($71.7 million). The private equity group has entered an agreement with Clipper Group A/S to acquire their stake of 29.95% in Mols-Linien for an undisclosed price. In addition, Polaris received irrevocable advance commitments to purchase additional 46.24% stake in Mols-Linien from Nykredit Bank A/S, Financial Stability A/S and FS Finance III A/S. Mols-Linien operates three high-speed ferries between Jutland and Zealand that allow travellers to save 200 km compared with the route via The Great Belt Bridge.
Road Transport Puts Denmark Ferry Out of the Running
Kattegatruten’s ferry services between Kalundborg and Aarhus are to end next month . The core business area for the service is truck transport and driverless cars, but for months the service has been unprofitable. "It is impossible to compete with Eastern European prices. Danish haulage companies are increasingly using Southeast European road transport companies as subcontractors. This means much lower labor costs and therefore driving across the Great Belt Bridge is more attractive than the Kalundborg-Aarhus route for these companies”, says operations manager at Kattegatruten, Birte Dettmers.
