Maersk Tankers News

Maersk Tankers announced it has acquired U.S. pool operator Penfield Marine, creating a large-scale crude and product tanker company with around 240 vessels under its management.Maersk Tankers’ CEO, Tina Revsbech, said, “Penfield Marine has over the years built a solid position and presence in the industry and is a perfect match to Maersk Tankers. Our combined commercial and operational expertise will allow us to grow our presence as a commercial manager and extend our service…

Yemen's Houthis have been targeting vessels in the southern Red Sea and the Bab al-Mandab Strait in attacks that the Iran-aligned group says aim to support the Palestinians as Israel and Hamas wage war.Several freight firms including MSC, the world's largest container shipping line, said they would avoid the Suez Canal as a result, which could mean having to circumnavigate Africa instead.War risk insurance premiums have risen as a result.WHAT ARE THE RECENT HOUTHI ATTACKS?* Dec.

Maersk Tankers confirmed an order for up to 10 very large ammonia carriers (VLAC) has been placed with Hyundai Samho Heavy Industries in Korea. Mitsui & Co., Ltd. will join as a co-investor in the first four vessels. The vessels will be operated by Maersk Tankers.The 93,000 cbm newbuilds will be among the largest ammonia carriers in operation, capable of carrying a full cargo of ammonia. The first four firm VLACs are due to be delivered from late 2026 onwards, and the contract…

Astomos Energy, the biggest LPG distributor and trader in Japan, has chosen Maersk Tankers as voyage manager for, initially, five very large gas carriers (VLGCs).The Maersk Tankers service includes day-to-day vessel operations, fuel optimisation and claims handling. It covers full post-fixture support from the time the vessel is fixed for a voyage, through its successful execution, to the closure of the voyage books.“We are honored to commence the partnership with Maersk Tankers, not only pursuing efficient operation but also environmental goals.

Tina Revsbech will join Maersk Tankers as its new CEO, replacing Christian M. Ingerslev, who has been appointed CEO of Maersk Supply Service.Revsbech brings to the role more than 30 years of industry experience. She was previously executive vice president at Fednav Limited, CEO at BW Tankers and senior vice president at Torm. Earlier in her career, Revsbech worked for more than 15 years for Maersk Tankers as head of chartering and Head of Maersk Tankers for Americas and Singapore, respectively.Chair of the Board of Directors, Robert M.

A.P. Møller Holding A/S has acquired offshore vessel services firm Maersk Supply Service A/S from A.P. Møller – Mærsk A/S, through the closing of the previously announced transaction.In connection with the closing of this acquisition, A.P. Moller Holding has elected a new CEO and Board of Directors for Maersk Supply Service A/S. Christian M. Ingerslev will take over the Chief Executive Officer (CEO) position from Steen S. Karstensen, who has been at the helm of Maersk Supply Service since 2016.

Danish shipping company Maersk Tankers announced its chief commercial officer Eva Birgitte Bisgaard is stepping down effect immediately.Christian M. Ingerslev, chief executive officer of Maersk Tankers, takes over responsibility for the company’s sales and services in addition to his duties as chief executive officer“Under Eva Birgitte’s leadership, partners’ satisfaction with our services increased significantly. In particular, in a disrupted tanker market, we have maintained…

Spain has detained and fined a Maltese-flagged oil tanker it says discharged oil in open waters near the northeastern port city of Tarragona, a transport ministry department said.Spain's Mediterranean and Atlantic coastlines have become hubs for shipping activity including the transfer of oil known as ship-to-ship (STS) operations, which industry sources say are becoming an increasing safety concern.Spanish authorities said they had intercepted the Lagertha after a discharge of hydrocarbons was detected by aircraft sensors and satellite radar on Feb.

Singapore-flagged tanker Maersk Magellan is looking for another location after being stopped from entering a Spanish port over an earlier oil transfer, its Danish operator Maersk Tankers said on Thursday.Spain's northeastern Tarragona port on Feb. 10 refused entry to the Maersk Magellan after its cargo of oil products was found to have previously been carried by a vessel that was formerly Russian flagged.Trade in oil and oil products linked to Russia has been complicated by the Group of Seven (G7) industrialised nations' imposition of a price cap on Russian oil in December and separate European Union measures to prohibit the import of…

A ship operated by Denmark’s Maersk Tankers has been banned from Spanish ports, Spanish officials said, after its cargo of oil products was found to have previously been carried by a vessel that was formerly Russian flagged.Trade in oil and oil products linked to Russia has been complicated by the Group of Seven (G7) industrialised nations' imposition of a price cap on Russian oil in December and separate European Union measures to prohibit the import of Russian crude and oil products into the bloc.Spain's northeastern Tarragona port on Feb. 10 refused entry to the Singapore-flagged Maersk Magellan tanker, saying the vessel had picked…

Giampiero Soncini, former officer of the Italian Navy and a retired leader in the maritime IT sector, returns to the helm via his appointment as MD of Oceanly, a new company established in December by Esa Group, following its acquisition from Arribatec of a business unit, formerly of IB srl, which develops and supports "Performance", a software dedicated to the monitoring of ship performance and the control of related emissions.To fuel the growth, Oceanly will have two MDs; alongside Soncini…

The market for old oil tankers is booming, and it's all down to efforts by Western nations to curb trade in Russian crude.As Western shipping and maritime services firms steer clear of Russian oil to avoid falling foul of sanctions or harming their reputations, new companies have leapt into the void, and they're snapping up old tankers that might normally be scrapped.The European Union banned all seaborne Russian crude imports from Dec. 5, with a fuel import ban to follow in February.

When the supertanker Young Yong sailed to the Chinese port of Qingdao in September last year, it had quality certificates for its cargo stating it was transporting Malaysian crude oil, according to the documents reviewed by Reuters.But satellite images and photos show the Chinese-owned ship had loaded the oil four months earlier in Venezuela, an OPEC nation in South America under U.S. oil sanctions.The Young Yong is one of three vessels identified by Reuters that were chartered by little-known companies to export Venezuelan oil and used false documents to conceal its origin, according to shipping documents and 11 sources with knowledge of the trade.Two of those tankers, including the Young Yong, were designated this month by U.S.

Tough new sanctions on Russian oil shipments taking effect from December are likely to boost already high tanker rates as buyers race to replace cargoes and are forced to use longer routes, a leading ship manager said.In the latest action against Russia in response to its invasion of Ukraine that began in February, the European Union will ban Russian crude imports from Dec 5, and Russian oil products from Feb 5.Designed to deprive Moscow of revenues that could finance its action in Ukraine…

Maersk Tankers announced Sanmar Shipping has returned as a pool partner with its vessel Sanmar Sangeet rejoining Maersk Tankers' LR2 pool.Commenting on the reasons for joining Maersk Tankers' pools, Subba Rao, Managing Director at Sanmar Shipping, said, "Sanmar has always believed in values before profits, growth with responsibility and a unique chemistry with people and nature, which much about sums up our relationship with Maersk."Maersk Tankers manages spot pools for tankers of all sizes…

Claus Gronborg has been appointed CEO of Maersk Product Tankers – one of the largest product tanker owners in the world.Gronborg takes over the leadership of Maersk Product Tankers on October 1 from Christian M. Ingerslev. Gronborg will remain Chief Investment Officer of Maersk Tankers and a member of the executive team.Ingerslev will continue as CEO of Maersk Tankers and become a member of the Maersk Product Tankers board of directors.As CEO of Maersk Product Tankers, Gronborg will be responsible for delivering the company’s fleet strategy…

Denmark's Maersk Tankers announced it will set up a knowledge hub to gather shipowners, cargo customers, experts and other stakeholders to develop solutions that will reduce emissions from cargo customers’ supply chains and shipowners’ operations.“There is an immediate need for shipping to change its emissions trajectory. The decarbonization hub is part of our commitment to create a more sustainable path for shipping through sector-wide collaboration,” said Christian M. Ingerslev…

Ocean freight costs are likely to remain high in 2022 as investors and regulators scramble to accelerate decarbonization of the shipping industry and companies grapple with green financing, sources say.Shipping, which transports about 90% of world trade and accounts for nearly 3% of the world's CO2 emissions, is under growing pressure from environmentalists to deliver more concrete action including a carbon levy.The International Maritime Organization (IMO), the UN's specialist shipping agency…

Ocean freight costs are likely to remain high in 2022 as investors and regulators scramble to accelerate decarbonization of the shipping industry and companies grapple with green financing, sources say.Shipping, which transports about 90% of world trade and accounts for nearly 3% of the world's CO2 emissions, is under growing pressure from environmentalists to deliver more concrete action including a carbon levy.The International Maritime Organization (IMO), the UN's specialist shipping agency…

BP and Maersk Tankers successfully completed trials using marine fuel blended with biofuel on tankers as efforts grow to tackle the shipping sector's greenhouse gas emissions.Global shipping accounts for around 3% of global carbon emissions. The sector is considered relatively hard to decarbonize because of a lack of alternatives to marine fuel.The trials were completed on two refined oil product carriers chartered to BP from Maersk Tankers - Maersk Cirrus and Maersk Navigator, BP said in a statement.Maersk Tankers is an independent company, owned by A.P.

A coalition of 19 countries including Britain and the United States on Wednesday agreed to create zero emissions shipping trade routes between ports to speed up the decarbonization of the global maritime industry, officials involved said.Shipping, which transports about 90% of world trade, accounts for nearly 3% of the world's CO2 emissions.U.N. shipping agency the International Maritime Organization (IMO) has said it aims to reduce overall greenhouse gas emissions from ships by 50% from 2008 levels by 2050.

Synergy Marine Pte. Ltd., a subsidiary of ship manager Synergy Group, will take over Maersk Tankers’ technical management business.“Maersk Tankers has been transformed from a traditional tanker company into a service company over the past few years,” said Christian M. Ingerslev, CEO of Maersk Tankers. “The agreement with Synergy Group marks the next big step on our strategic course, offering both the technical and commercial businesses optimum conditions in which to thrive. Maersk Tankers will become a service company focused on the commercial management market…

Top oil shipping companies say they have tightened operational guidelines and deployed technology to prevent accidental breaches of sanctions, as the countries hit by ever tougher restrictions fight back with elaborate strategies to dodge them.Washington has ramped up shipping-related sanctions over the last two years to make it harder for countries, such as Iran and Venezuela, to export the oil that provides their main source of revenue.In response, Iran and Venezuela have developed sophisticated methods to bypass sanctions…