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Thursday, March 28, 2024
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Morten Holm News

03 Nov 2023

Maersk to Cut at Least 10,000 Jobs as Shipping Boom Unravels

Credit: Fotokon/AdobeStock

Shipping group A.P. Moller-Maersk reported a steep drop in third-quarter profit and revenue on Friday and said it would cut at least 10,000 jobs in the face of overcapacity, rising costs, and weaker prices.Maersk, which controls about one-sixth of global container trade, transporting goods for a host of major retailers and consumer goods companies such as Walmart and Nike, flagged a steeper downturn in demand than analysts and investors had expected."Our industry is facing a new normal with subdued demand…

22 Sep 2020

Video: Cemre Launches SOV Wind of Hope

Wind of Hope (Photo: Cemre Shipyard)

A new service operations vessel (SOV) was launched at the Cemre Shipyard in Turkey for French vessel owners Louis Dreyfus Armateurs (LDA).Upon delivery in 2021, the 84-meter SOV Wind of Hope will go to work for Danish wind energy giant Ørsted servicing its Hornsea Two offshore wind farm, with accommodations for up to 64 technicians who will service and maintain the wind turbines and an additional vessel crew. The ship is expected to arrive at Ørsted’s east coast operations and maintenance facility at the U.K.

25 Sep 2012

Schat-Harding Strengthens North Sea Support

Petter Hernaes, vice president Nordic Region, Umoe Schat-Harding Service

The world’s leading lifeboat and davit manufacturer Schat-Harding has strengthened its support for North Sea operators by opening new offices and service centres in Bergen and Stavanger. Both bases will focus on delivering in-service support and maintenance for lifeboats and davits in the North Sea. “Our clients are the major North Sea oil and gas operators and they don’t just want to buy boats and davits,” says Petter Hernaes, Vice President, Nordic region, Schat-Harding Services. “They want to buy a lifetime of safe and trouble-free operation.