Marine Link
Monday, February 19, 2018

Danish Shipping News

DMA to Digitalise Port State Control

Photo: Danish Maritime Authority

The Danish Maritime Authority (DMA) and European Maritime Safety Agency (EMSA) are examining how online control of certificates could make Port State Control (PSC) inspections more efficient. This happens in the wake of the DMA’s implementation of digital certificates on Danish ships. Time is money, and PSC inspections are time-consuming since they include scrutiny of the ship’s certificates as well as inspection of its compliance with operational and safety regulations. But how to make PSC inspections more efficient without compromising safety? By enabling online control of certificates.

Maersk Analysts Strike Cautious Tone

File Image: One of Maersk's largr boxships, the Madrid Maersk (CREDIT: Maersk)

Analysts believe results and outlook in the final quarter report of Maersk (Feb. 9) might be weighed down by consolidation effects from the Hamburg Sud deal and the market situation in China. Morgan Stanley says integration expenses related to the deal would limit profitability contribution in 2018 and that Maersk Line will return to peak EBIT margins in 2020. Jyske Bank, which keeps rating "sell" for the company, sees a potential threat to Maersk Line Q4 volumes and EBITDA from significant cuts in China's import of waste materials.

Danish Shipping Tribunal Relocated to Viborg

Image: Danish Maritime Authority

As part of the Danish Government's plan "Better balance – Government jobs closer to citizens and companies" (only available in Danish), the Danish Appeals Boards Authority was established on 1 January 2017. A large number of Danish appeals boards have relocated to the Danish Appeals Boards Authority in the city of Viborg in Jutland, including the Danish Shipping Tribunal. In this connection, secretarial assistance for the Danish Shipping Tribunal, which was previously provided by the Danish Maritime Authority, has been transferred to the Danish Appeals Boards Authority.

Denmark Updates Insurance Claims Requirements

Danish ships with a gross tonnage of or above 300 without a Certificate of Entry in a P&I Club from the international group of P&I clubs must inform the Danish Maritime Authority about alternative insurance for maritime claims before March 31, 2014. Danish ships with a gross tonnage of or above 300 must carry a certificate confirming that insurance has been taken out to cover maritime claims. The certificates are issued by the insurance companies and are subject to the general control of ships and certificates. Most ships have a recognized Certificate of Entry. In case the ship does not have a Certificate of Entry, the Danish Maritime Authority must be informed about the insurance taken out before 31 March 2014. What is a recognized Certificate of Entry?

Danish Quality Shipping Promoted by Inspection Campaigns Abroad

Photo: Danish Maritime Authority

Every year, the Danish Maritime Authority (DMA) performs flag State inspections of ships abroad that are flying the Danish flag. In 2017, the number of control inspections will be increased to 60. Just before the 2016 Christmas and New Year's holidays, the Danish Maritime Authority carried out a two-week campaign in the USA to promote Danish quality shipping. The campaign took place in Houston and New York, respectively. The purpose of the campaign was to promote quality shipping under the Danish flag…

Renewal Time for CLC, Bunker, Athens and WRC Certificates

Photo: Danish Maritime Authority

Time has come for most shipowners to apply for renewal of their CLC, Bunker, Athens and Wreck Removal Certificates from the Danish Maritime Authority. Certificates must be renewed when the underlying insurance expires. Ships subject to a requirement for a certificate are not allowed to operate without the certificate. All CLC, Bunker, Athens and Wreck Removal Certificates based on P&I insurance typically expire on 20 February 2017. Some CLC, Bunker, Athens and WRC Certificates will expire on a date other than 20 February 2017.

Denmark Gets QUALSHIP 21 Certificate

Image: Danish Maritime Authority

Once again, the U.S. Coast Guard has issued Denmark with the well-reputed certificate for United States Coast Guard's Quality Shipping for the 21st Century Program (QUALSHIP 21). The program is intended to secure and improve shipping and has existed since 2001. The program aims at identifying high quality ships and promoting quality shipping in this manner. Denmark has just received a diploma as evidence of the fact that Danish shipping maintains the standards of quality shipping. "Naturally, I am pleased that Danish shipping meets the high standards characteristic of quality shipping.

Maersk, Danske and Nordea to shed Ship Finance Stakes

A.P. Moller-Maersk , Danske Bank and Nordea Bank will sell their shareholdings in shipping lender Danish Ship Finance worth 4.25 billion Danish crowns ($638.05 million) to a consortium of Danish investment funds, the company said Wednesday. The company, which distributes loans to shipping companies based on vessel mortgages, will be taken over by Danish pension funds PFA, PKA as well as Nordic equity fund Axcel. The deal values the company at 4.72 billion crowns, the company said. The divestment comes less than a week after shipping giant A.P. Moller-Maersk said it would split into two units and focus on its container shipping business.

Korean Register Approved for Danish Survey and Certification

The Korean Register of Shipping (KR) and the Danish Maritime Authority (DMA) signed an agreement on December 20, 2013 enabling the Korean classification society to survey and certify Danish ships. This brings the total number of countries where KR is authorized to carry out ship survey and certification work to 66. KR, in accordance with this agreement, is now able to carry out relevant surveys, audits and issue certificates to Danish and Greenland ships for SOLAS, MARPOL, ITC, ILL, ISM, ISPS, and MLC.

TORM Buys Resale MR Tankers from GSI

(Photo: TORM)

Danish ship owner TORM said it has purchased four resale medium range (MR) tankers from Chinese shipbuilder Guangzhou Shipyard International (GSI), with an option to purchase up to four additional MR vessels. The first four vessels are due for delivery in 2019, and the following four would be delivered in late 2019 – all delivered according to TORM’s specifications. According to TORM Executive Director, Jacob Meldgaard, TORM was able to purchase the vessels “at very favorable prices” thanks to its long-standing relationship with GSI.

Denmark Lobbies for IMO Top Job

Denmark and its maritime industry are lobbying to get the top position at the International Maritime Organization, a United Nations body that wields great influence over global shipping through its regulations, industry sources said. The current secretary general of the IMO, Koji Sekimizu, is due to step down at the end of next year, and shipping journals have said Panama, Cyprus and Mexico are also preparing to put forward candidates for the post. "In principle, it will be good to see a Dane in the chair as we are a global maritime nation that is committed to quality shipping and effective global regulation to ensure a level playing field," Anne Steffensen, the director general of the Danish Shipowners' Association, told Reuters.

Danish Shipping's New Guide to BWM

Image: Danish Shipping

Danish Shipping launches a new guide regarding the implementation of the Ballast Water Management Convention, which will enter into force on 8 September 2017. In a few days, the Ballast Water Management Convention will enter into force. In future all new built ships must be equipped with a ballast water treatment system. For existing ships, systems must be installed as from 8 September 2019 to 8 September 2024. The Convention shall ensure that no invasive species such as zebra…

Denmark is World's Sixth-Biggest Seafaring Nation

Photo: Danish Maritime Authority

The Danish-controlled fleet is increasing. Taking the sixth place on the list of the world’s major shipping nations given as operated tonnage, Denmark has advanced one place. Already from early 2018, Danish shipping has a fair wind and has succeeded in advancing on the list of major shipping nations. This is demonstrated by the most recent overview from IHS Markit (Sea-web). At present, Danish shipping is undergoing positive developments. This is now directly deductible from the ranking list of the world’s major shipping nations.

Asia-Europe Box Freight Rates Slide 23%

Photo: Maersk Line

Shipping freight rates for transporting containers from ports in Asia to Northern Europe fell by 23 percent to $332 per 20-foot container (TEU) in the week ended on Friday, one source with access to data from the Shanghai Containerized Freight Index told Reuters. The current level is widely seen as a loss-making for container shipping companies that transport everything from flat-screen TVs to sportswear from Asia to Northern Europe. In the week to Friday, container freight rates dropped 24.2 percent from Asia to ports in the Mediterranean, fell 19.0 percent to ports on the U.S.

Danish Navy Foils Pirate Attack off Somali Coast

According to a report from AFP, a helicopter from a Danish warship under NATO operational control foiled a pirate attack August 28 on a merchant vessel in the Gulf of Aden. The Danish ship Esbern Snare launched a helicopter in response to a call for help from a merchant vessel, the Danish Navy told AFP. According to the report, a statement from NATO's maritime command said the attacked merchant ship was the Panamanian flagged MV Caribbean Carrier. (Source: AFP)

Wreck Removal Convention Inforce From April

On 14 April 2015, the Nairobi International Convention on the Removal of Wrecks enters into force

The insurance and certification requirements of the Convention on the Removal of Wrecks become effective this April. In this connection, the Danish Maritime Authority has a request for Danish companies and shipowners. All Danish ships of or above 20 GT (gross tonnage) must take out insurance or other financial security to cover the owner’s liability in connection with the removal of wrecks. The ships must not engage in trade at all if such insurance or other financial security is not held.

Maersk, Statoil and OECD to Discuss Future Ocean Development

Photo: Nor-Shipping

Key figures from Maersk Group, Statoil and the Organization for Economic Co-operation and Development have signed up to discuss future ocean business opportunities, demands and strategies at Opening Oceans Conference 2018 (OOC). The event, Nor-Shipping’s first outside its Norwegian home, will see c-level executives gather in Copenhagen on May 2nd and 3rd  to examine how to responsibly realise the huge potential of the ocean, gaining the understanding, partners and tools to equip businesses for the way ahead.

China-Denmark Ratchet Up Maritime Cooperation

Image courtesy of DMA

The Danish Maritime Authority (DMA) says its cooperation with China has been further strengthened by the signature of an agreement between  the Ministry of Business & Growth, and the Chinese Ministry of Industry and Information Technology. DMA explains that the new cooperation agreement on green maritime technology and ship building creates the framework for a stronger and intensified cooperation between Denmark and China. “Blue Denmark’s relations with China build upon 40 years’ cooperation wince the signing of our first maritime cooperation agreement in 1974.

Danish Shipping Profits Drop

Danish shipping's gross profits fell three percent on an annualized basis to $965 million in 1998, hit by falling freight rates and the economic downturn in the Far East, according to the national statistics office (DS). Turnover was put at $7.5 billion, a three percent increase from 1997, with gross profits accounting for 12.6 percent of the figure and time chartering earnings up. "An increase in shippers' container tonnage meant a rise in freight carried but this was not considerable enough to prevent a decline in profits," a DS official said. The biggest 22 of Denmark's 247 shipping companies, led by shipping and oil group A.P. Moeller's Maersk Line -- the world's biggest container liner -- accounted for 92 percent of gross profits.

Danish Shipping Firm Sells Tankers

A/S Dampskibsselskabet Torm, a Danish shipping company, is selling three of its tankers for a total of $63m. The move is part of Torm's strategy of selling older bulk vessels so it can build its fleet of bigger Panamax bulk vessels. Torm did not disclose who is buying the three older vessels. Following delivery of the three vessels, TORM's owned fleet will consist of 30 product tankers and five dry bulk vessels. Besides its owned fleet, the company operates nearly 100 ships. (Source: Washington Times)

Joint ITF-Maersk Meeting Closes with Press Conference

A meeting between Danish shipping giant AP Moller-Maersk and ITF-affiliated trade unions representing its workers in 22 countries closed in Copenhagen after what the ITF described as "the first steps in a journey that we hope will benefit both the company and its workers". Representatives from 32 unions attended the two-day conference, which was hosted by Danish union 3F from April 23 to 24. Knud Pontoppidan, Senior Vice President of AP Moller-Maersk, addressed the meeting April 24 and then attended the closing press conference.

DMA Inaugurates New Headquarters in Korsør

The Minister for Industry, Business and Financial Affairs Brian Mikkelsen. Photo: Danish Maritime Authority

The headquarters of the Danish Maritime Authority (DMA) is now located in Korsør. Initially, the Danish Maritime Authority is established in temporary premises until the final domicile is ready. The Minister for Industry, Business and Financial Affairs inaugurated the new headquarters of the Danish Maritime Authority. He was joined by the Mayor of the Municipality of Slagelse and the Director General and CEO of Danish Shipping as well as nearly 100 guests. With the relocation to Korsør…

Campaign Focuses on Safety of Navigation

Pic: Paris MoU

The two major Port State Control regimes – Paris MoU and Tokyo MoU – will focus especially on navigational safety in a so-called Concentrated Inspection Campaign (CIC) is being taken place from 1 September until 30 November 2017, said Danish Maritime Authority. The inspection campaign (CIC) will be carried out over a period of three months as part of routine Port State Control inspections. Thus, all Danish ships that are routinely inspected under the Tokyo MoU and Paris MoU should expect to be covered by the campaign.

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