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Wednesday, April 24, 2024
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Danish Shipping News

17 Apr 2024

Baltimore's Alternate Shipping Channels Not Deep Enough, Maersk Says

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The Baltimore port's alternate shipping channels are not deep enough to accommodate the oceangoing container vessels that Maersk and other carriers use, the Danish shipping group said in a statement on Wednesday.A container vessel chartered by Maersk collided with a major bridge in the U.S. port of Baltimore's harbor last month, causing the structure to collapse.

14 Apr 2024

Denmark Bans Discharge of Scrubber Water

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The discharge of scrubber water from ships out to 22km (12 nautical miles) from the Danish coasts will be prohibited by law. The ban will come into effect on July 1, 2025, for ships with scrubbers in open operation, where the wash water is discharged into the sea. For ships with scrubbers in closed operation, the ban on water discharge will take effect on July 1, 2029.The Ministry of Environment has stated that scrubber water has contributed to excessive levels of a number of heavy metals and tar substances such as lead, cadmium, anthracene and benz(a)pyrene in the marine environment.

09 Apr 2024

DFDS to Buy International Network from Ekol

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Danish shipping and logistics firm DFDS said on Tuesday it has agreed to buy the international transport network of Turkey's Ekol Logistics for 1.9 billion crowns ($277 million) and lifted its sales growth forecast for the year.The network connects Turkey and Europe and the acquisition will add road transport to its Mediterranean ferry network, DFDS said in a statement, adding that it was in line with its strategy to move goods in trailers by ferry, road and rail."Turkey's role…

08 Apr 2024

Maersk Names Second Large Methanol-fueled Containership

(Photo: A.P. Moller - Maersk)

Danish shipping giant A.P. Moller - Maersk recently named the world's second large methanol-enabled container vessel, Astrid Mærsk, during a ceremony in Yokohama, Japan.The ship is the second of Maersk’s 18 large methanol-enabled vessels, scheduled for delivery between 2024 and 2025, as the company works toward its net-zero targets and supports customers in achieving their decarbonization goals.Vincent Clerc, CEO of A.P. Moller - Maersk, said, "We are truly excited to welcome Astrid Mærsk to our new fleet capable of sailing on green methanol.

13 Mar 2024

Danish Shipping Adopts Policy on Underwater Radiated Noise

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Commercial shipping is one of the main contributors to underwater radiated noise, which has adverse effects on a wide range of marine life, including whales and fish. Therefore, Danish Shipping has recommended its members follow a new set of IMO guidelines aiming to reduce underwater radiated noise and preserve marine biodiversity.The IMO guidelines provide an overview of approaches applicable to designers, shipbuilders, and ship operators to reduce the underwater radiated noise of any given ship.

19 Feb 2024

Potential Abolition of Danish International Ship Register Under Fire

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It is sad and worrying that the Frigast committee now proposes to scrap the Danish International Ship Register (DIS) scheme, says Danske Rederier (Danish Shipowners). The organization therefore makes a clear call to the government not to implement the proposal, as it will have major negative consequences for Danish shipping.The so-called Frigast committee published its recommendations for changes to the existing business support schemes this week. Among other things, the committee…

08 Feb 2024

Maersk Warns Oversupply to Hit Profits

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Maersk warned on Thursday that container shipping overcapacity would hit profits more than expected this year and that it didn't see a major boost from the jump in freight rates due to Red Sea disruptions, hammering its shares.The warning, which also led the Danish shipping giant to suspend its share buyback programme, is in stark contrast with investors' recent optimism about the sector.Container shipping companies have been among the best-performing stocks in Europe this year…

07 Feb 2024

Denmark Primed to Become European CO2 Hub

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With its new CCS-strategy, the European Commission has outlined a common direction for the capture, utilization, and storage of CO2 in the EU. The strategy highlights Denmark as a pioneer in the field, and Danish Shipping predicts that Denmark could play a central role.The strategy, named the "Industrial Carbon Management Strategy," sets the framework for the ambition to build an internal market for CO2, benefiting both the climate and employment. All measures are aimed at achieving…

29 Jan 2024

Danish Frigate Departs for the Red Sea

(Photo: Danish Defense)

Denmark on Monday sent a frigate to the Red Sea, where it will participate in a U.S.-led coalition to safeguard commercial traffic against attacks by Yemen's Houthi militants.The Iran-aligned Houthi have launched waves of exploding drones and missiles at commercial and navy vessels since Nov. 19, in response to Israel's military operations in Gaza.In response, shipping firms have since December diverted hundreds of vessels around southern Africa's Cape of Good Hope, a journey that takes 10-14 days longer and is more costly than the passage via the Red Sea and Suez Canal.Denmark…

17 Jan 2024

EU Report Recognizes Need for Port Investment Stability

Source: ESPO

The European Parliament has officially adopted the Berendsen report, an own-initiative report on “building a comprehensive European Port Strategy” (585 in favor, 21 against, 26 abstentions).The European Sea Ports Organisation (ESPO) welcomed the support for the strategic and vital role that Europe’s ports play for European society and economy. ESPO supports the Parliament’s plea to further harmonize the measures to strengthen the resilience and protection of Europe’s critical infrastructure, including ports.

05 Jan 2024

Maersk Diverts All Its Vessels from Red Sea ‘For the Foreseeable Future’

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Danish shipping giant Maersk has decided to divert all its vessels due to transit the Red Sea and Gulf of Aden south around the Cape of Good Hope in Africa for the foreseeable future.In a statement issued on January 5, Maersk said the situation in the Red Sea remains highly volatile, and all available intelligence at hand confirm that the security risk continues to be at a significantly elevated level.The company decided to pause all vessels bound for the Red Sea and Gulf of Aden on January 2…

03 Jan 2024

Ivø Appointed Deputy Secretary General at BIMCO

Stinne Taiger Ivø appointed Deputy Secretary General at BIMCO. Image courtesy BIMCO

BIMCO’s Director of Contracts & Support, Stinne Taiger Ivø, has been appointed Deputy Secretary General at BIMCO from January 1, 2024.Ivø joined BIMCO in early 2022 to lead the Contracts & Support department. Prior to working at BIMCO, Ivø headed the claims department of marine insurer Skuld (Copenhagen), worked at Danish Shipping (formerly known as the Danish Shipowners’ Association) and as a lawyer at Gorrissen Federspiel’s department for Shipping/Offshore/Transportation. She holds a PhD in international company law and a Master of Laws…

15 Dec 2023

Maersk to Pause All Container Ship Traffic Through the Red Sea

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Danish shipping company A.P. Moller-Maersk will pause all container shipments through the Red Sea until further notice, a spokesperson for the company told Reuters on Friday."Following the near-miss incident involving Maersk Gibraltar yesterday and yet another attack on a container vessel today, we have instructed all Maersk vessels in the area bound to pass through the Bab al-Mandab Strait to pause their journey until further notice," the company said in a statement.Maersk on Thursday said its vessel Maersk Gibraltar was targeted by a missile while travelling from Salalah…

15 Dec 2023

Yemen's Houthis Attack Two Ships with Missiles

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Attacks from Houthi-controlled Yemen struck two Liberian-flagged ships in the Bab al-Mandab Strait on Friday, a U.S. defense official said, underlining the threat to vessels in shipping lanes being targeted by the Iran-aligned group.Danish shipping company A.P. Moller-Maersk said it would pause all container shipments through the Red Sea until further notice. German container line Hapag Lloyd said it was considering a similar move.A projectile, believed to be a drone, struck one of the Liberian-flagged vessels, the German-owned Al Jasrah, causing a fire but no injuries, the U.S.

14 Dec 2023

Maersk Denies Houthi Claim Container Ship Hit by Yemeni Militia

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Danish shipping company Maersk on Friday denied a claim by Yemen's Iran-aligned Houthi movement that the militia carried out a drone strike on a Maersk vessel sailing towards Israel.The Houthis earlier claimed it carried out a military operation against a Maersk container vessel, directly hitting it with a drone. The Houthis, who made the claim in a statement, did not release any evidence.Maersk on Thursday said ship Maersk Gibraltar was targeted by a missile while travelling from Salalah…

14 Dec 2023

Maersk Says Containership En Route to Saudi Arabia was Targeted by Missile

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Danish shipping company A.P. Moller-Maersk said on Thursday its container ship Maersk Gibraltar was targeted by a missile while traveling from Salalah, Oman, to Jeddah, Saudi Arabia and that the crew and vessel were reported safe.It was not immediately clear if the missile had struck the vessel or not."At this time, we are still working to establish the facts of the incident," Maersk said in a statement.The incident took place near the Bad al-Mandab Strait linking the Red Sea and the Gulf of Aden…

13 Dec 2023

Maersk Says Its Services in Israel Are Operational, Stable

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Danish shipping company Maersk said on Monday that its services in Israel were operational and stable, and that it was watching developments in the country closely given the ongoing war with Palestinian militant group Hamas."Bookings for ocean, rail, road and air services to and from Israel... continue to be accepted and facilitated," Maersk said in a statement.(Reuters - Reporting by Louise Breusch Rasmussen, editing by Terje Solsvik)

27 Nov 2023

Maersk Sells Remaining Share Holding in Hoegh Autoliners

Source: Hoegh Autoliners

Danish shipping firm Maersk has sold 20,000,000 shares in Norway's Hoegh Autoliners, cutting its holding to zero, according to a stock exchange filing.The sale at a price of 90.00 Norwegian crowns ($8.34) per share represented approximately 10.48% of the share capital and votes in Hoegh Autoliners, the Norwegian firm said.(Reuters - Reporting by Nora Buli, Editing by Franklin Paul)

21 Nov 2023

Maersk Winds Down Operations in Syria

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Danish shipping company Maersk will from Dec. 1 no longer offer shipments to or from Syria, it said on Tuesday.Maersk said in a statement its operations in Syria are already limited as a result of international sanctions."This has recently become even more challenging logistically, and we have therefore made the decision to close our operations down completely," it said.(Reuters - Reporting by Louise Breusch Rasmussen, editing by Anna Ringstrom)

09 Nov 2023

Torm Buys Eight LR2 Tankers

(File photo: Torm)

Danish shipping company Torm announced it has entered into an agreement to acquire eight secondhand LR2 vessels from an undisclosed seller.The $399 million deal includes a cash consideration of $239 million and the issuance of approximately 5.5 million shares, Torm said, noting the purchase price is subject to certain adjustments that will be impacted by its share price development and the vessels’ delivery schedules.The vessels are expected to be delivered in late Q4 2023 and…

06 Nov 2023

DFDS Commits to Battery-electric Vessels on the English Channel

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Danish shipping company DFDS announced it has committed to investing in battery-powered vessels to help decarbonize the maritime traffic across the English Channel.Following a meet between French Minister for Foreign Trade, Attractiveness and French Nationals Abroad, Olivier Becht and CEO of DFDS, Torben Carlsen, in October, DFDS said it will invest in the innovation and technology necessary to and deploy a fleet of battery-powered vessels in the English Channel by 2030.“We have…

27 Sep 2023

Maritime Partners Acquires Maersk's USMMI

(Photo: Hendrick Dickson / USN Military Sealift Command)

Maritime Partners, a Louisiana-based provider of maritime financing solutions primarily focused on Jones Act vessels, announced that on September 20, 2023, one of its managed funds acquired Norfolk, Va.-based U.S. Marine Management LLC (USMMI) from Maersk Line, Limited.USMMI owns and operates U.S. flag vessels—including one owned maritime support vessel, three owned tankers, and one bareboat chartered tanker—for charter to the U.S. Navy's Military Sealift Command. It also performs operation and maintenance of U.S. government-owned vessels, and currently has one O&M contract supporting U.S.

08 Sep 2023

Equinor to Supply Fuel for Maersk's Methanol-powered Containership

(Photo: A.P. Moller - Maersk)

Danish shipping company A.P. Moller - Maersk announced it has signed an agreement with Norwegian energy company Equinor to secure supply of methanol for its new methanol-enabled feeder vessel during its initial months of operation from September 2023 and into the first half of 2024.The agreement ensures methanol supply for the ship from its entry into operation on a loop from Northern Europe into the Baltic Sea after the name giving ceremony later this month in Copenhagen. The green methanol will be bunkered in Rotterdam.The 2…