NorSea Group Buys Danbor from Mærsk

MarineLink.com
Wednesday, April 02, 2014
Danbors supply base in Esbjerg

NorSea Group is said it taking a major step forward in its international involvement by purchasing the Danish base and logistics company Danbor AS. In addition to enhancing the global presence of NorSea Group, Danbor will boost the company’s capability in the wind power market.

“International expansion is part of NorSea Group’s expressed strategy. Danbor is a solid company which is well-established in our core activity field and fits in well with the rest of the NorSea Group family,” said John Stangeland, CEO of NorSea Group. NorSea Group sees many similarities between the two companies and considerable potential for creating synergies between Danbor and NorSea Group’s other subsidiaries and activities.

NorSea Group is a Norwegian supplier of base and logistics services to the oil and gas industry. The company also has offices in Aberdeen in Scotland and Perth in Australia. With its acquisition of Danbor, NorSea Group is taking a bold step into the international market. Danbor’s head office is in Esbjerg and its principal operations are on the Danish shelf, where it is a supplier to Mærsk Oil and Dansk Undergrunds Consortium (DUC). Danbor also has operations in Montrose and Aberdeen in Scotland, as well as a base joint venture with Royal Arctic Line in Greenland. The acquisition of Danbor will give NorSea Group an increased presence in Denmark as well as enhancing its presence in the U.K. The company is now capable of serving customers throughout the North Sea basin.

In recent years, Danbor has also become established in the wind power market, where the NorSea Group wishes to increase its focus. Esbjerg is a focal point of the European wind turbine industry, and Danbor has contracts in the fields of logistics operations and the repair and maintenance of both offshore and land-based wind turbines.

NorSea Group said it is taking over a solid, well-run company with a long history in the industry. This year, Danbor celebrates 40 years of operations, while NorSea Group will turn 50 next year. Besides their long industry experience, there are many similarities between the two companies in regards to their business models, culture and values, the company said.

“I am convinced that A.P. Møller-Mærsk has found the right purchaser to ensure Danbor’s future growth and enable us to maintain the quality of our operations and the level of service provided by our employees. Our incorporation into the new company will have no immediate effect either on our daily operations or on our existing contractual obligations,” stated Søren Fløe Knudsen, CEO of Danbor.

A.P. Møller-Mærsk said is confident that Danbor is in good hands.

“Danbor is a healthy and well-run company whose operations are peripheral to our strategic focus and which therefore merits a dedicated ownership which will develop its activities. NorSea Group is a recognized operator in the industry and I am sure that it will carry on the company’s operations in the right spirit and with a long-term perspective,” said Jakob Thomasen, a member of the Executive Board of A.P. Møller-Mærsk.

Through the acquisition of Danbor, NorSea Group has gained 370 new employees. “We have been made very welcome by Danbor and we are looking forward to getting to know our new colleagues,” said the CEO of NorSea Group in conclusion.

norseagroup.com

danbor.com
 

Maritime Reporter April 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

5th Floating Accommodation for Lerwick

A further accommodation ship, Ocean Atlantic, is due at Lerwick on Monday 27 April 2015 and is on its way from Portland in Dorset. As with the other floating accommodation at the port,

Double Order for Super Gloria Reachstacker

Kalmar, part of Cargotec, has gained an order for two Super Gloria reachstackers from Tadarsa Logistics S.L. in Aviles, Spain. The largest reachstackers ever built,

BIMCO Welcomes EU Decision on Migrants

BIMCO has stated today that it appreciates the new efforts by EU leaders to reduce increasing reliance on merchant shipping to rescue the growing numbers of

Marine Power

Falklands' Oil Drilling at Isobel Deep Suspended

Oil explorers drilling in the waters north of the Falkland Islands have suspended work on the second well of their 2015 current six-well drilling campaign after a technical problem.

Incat Crowther Designs Commercial Security Vessel

Incat Crowther has received a contract to design an offshore commercial oilfield security vessel for Veecraft Marine and its client, UTM Dredging Ltd, the designer announced today.

SCHOTTEL to Present Inland Offerings

SCHOTTEL will present its expertise to the U.S. inland market at the upcoming Inland Marine Expo in St Louis, June 15-17, 2015: strong push boats in Brazil, big

News

5th Floating Accommodation for Lerwick

A further accommodation ship, Ocean Atlantic, is due at Lerwick on Monday 27 April 2015 and is on its way from Portland in Dorset. As with the other floating accommodation at the port,

Double Order for Super Gloria Reachstacker

Kalmar, part of Cargotec, has gained an order for two Super Gloria reachstackers from Tadarsa Logistics S.L. in Aviles, Spain. The largest reachstackers ever built,

Goliat FPSO in Norway

The Goliat FPSO was successfully floated off the heavy-lift vessel, Dockwise Vanguard, in the fjord outside Hammerfest, says Eni Norge    The Goliat platform has arrived in Hammerfest,

Logistics

Norwegian Car Carriers to Buy Two from Hyundai Samho

Oslo-listed Norwegian Car Carriers (NOCC) has signed a contract with Hyundai Samho Heavy Industries for the construction of two 6500 ceu Pure Car Truck Carrier (OCTCs).

APM Maasvlakte II Terminal Opens

APM Terminals Maasvlakte II held a ceremony  to celebrate the opening of the world’s most automated container terminal.   The  event that was attended by Dutch

Goliat FPSO in Norway

The Goliat FPSO was successfully floated off the heavy-lift vessel, Dockwise Vanguard, in the fjord outside Hammerfest, says Eni Norge    The Goliat platform has arrived in Hammerfest,

Mergers & Acquisitions

5th Floating Accommodation for Lerwick

A further accommodation ship, Ocean Atlantic, is due at Lerwick on Monday 27 April 2015 and is on its way from Portland in Dorset. As with the other floating accommodation at the port,

HII, Kinder Morgan Not to Pursue Avondale Joint Venture

Huntington Ingalls Industries and Kinder Morgan Inc. decide not to pursue joint venture on Avondale redevelopment   Huntington Ingalls Industries (HII) announced

MISC Says AET Tankers Unit Not for Sale

MISC Berhad issued a statement today addressing recent market speculation that the company is set to sell its wholly owned petroleum tanker subsidiary AET Tankers.

Wind Power

ABB wins Brazil $30 mi Wind Farm Order

ABB has won orders worth around $30 million from Casa dos Ventos, a leading renewables company in Brazil, to provide substations and related power infrastructure

CWind Orders More Composite Workboats

CTruk has won an order for two more of its 22m multi-purpose catamaran Wind Farm Service Vessels (WFSVs). Both will be delivered to offshore wind service supplier

CWind Orders Four Crew Transfer Vessels

CWind, a provider of services to the offshore wind industry, has placed an order for four new crew transfer vessels from Aluminium Marine Consultants (AMC), a shipbuilding

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Navigation Pipelines Port Authority Ship Electronics Ship Simulators Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.2329 sec (4 req/sec)