Denmark News

19 Mar 2020

Shipping Not Immune to a Pandemic -BIMCO

© donvictori0 / Adobe Stock

The World Health Organization (WHO) has declared the outbreak of the novel coronavirus a pandemic. There is little doubt that this will have significant implications for the shipping industry. But to what extent? BIMCO expects that the strict containment measures imposed by governments around the world will result in substantially lower global economic growth and consequentially, lower demand for shipping. Container and dry bulk shipping are at the front line when it comes to feeling the fallout…

18 Mar 2020

Norwegian Salmon Breeder Buys New Workboat

(Photo: Tuco Marine)

Shortly after the delivery of a ProZero 8m Full Cabin to Havkar Drift AS in Norway, another Norwegian fishfarmer has also purchased a vessel from Tuco Marine's ProZero workboat series.The new ProZero 8m Full Cabin is equipped for, and will be used as, a fast and flexible workboat for fish farming and passenger transport. The boat has been delivered to Egil Kristoffersen after successful sea-trials at the ProZero yard, Tuco Marine in Faaborg, Denmark.According to the builder, the boat has been designed and optimized to serve as a platform for passenger transport…

18 Mar 2020

BIMCO Revises 2020 Forecast

© Igor Yu. Groshev / Adobe Stock

The coronavirus pandemic is impacting global shipping demand for 2020 negatively. The speed of the virus spread makes it difficult to assess the full consequences. Nevertheless, we see a need to update our 2020 forecast to make some of this massive uncertainty tangible.What is going on in addition to the coronavirus pandemic?Geopolitical tensions that made the OPEC+ alliance break down, has subsequently made the crude oil tanker spot freight market erupt. The events that followed the breakdown - and those that are likely to follow…

18 Mar 2020

USCG Advises on Minimizing Novel Coronavirus at Sea

© Inna/AdobeStock

The Coast Guard Assistant Commandant for Prevention Policy has published an update March 16, 2020 to MSIB: Novel Coronavirus – Update (Change 2)An outbreak of respiratory illness caused by a novel coronavirus (COVID-19) may affect mariners and maritime commerce. The Centers for Disease Control and Prevention (CDC) has updated their Interim Guidance for Ships on Managing Suspected Coronavirus Disease 2019 (see https://go.usa.gov/xdfyG) and Cruise Ship Travel (see https://go.usa.gov/xdfVP).Illness…

17 Mar 2020

Team Tankers Forms JV with V.Group

© Carlos Antonio Perez Dasilva / MarineTraffic.com

Tanker shipping company Team Tankers International Ltd. said it has formed a joint venture (JV) with ship management specialist V.Group, whereby Team will transfer its in-house managed fleet, consisting of ten MRs and two 25k coated vessels, to the JV, along with its on shore technical organization and seafaring expertise. Team already has 21 ships with V.Group for technical management.Team will own 30% and V.Group 70% of the JV, Dania Ship Management AS Denmark, which will continue to be based in Copenhagen…

16 Mar 2020

Stena Line Announces Job Cuts Due to COVID-19

(Photo: Stena Line)

The coronavirus pandemic has taken its toll on Swdish ferry company Stena Line, who announced Monday that it will cut 950 jobs due to a sharp decline in passenger travel bookings as a result of the outbreak.Stena Line said the coronavirus (COVID-19) outbreak and subsequent travel restrictions imposed by several countries have weighed heavily on bookings, with passenger traffic to Sweden, Denmark, Poland, Germany and Latvia mostly halted. On Saturday, the company completely stopped…

12 Mar 2020

24/7 Voyage Security Risk Assessment … at the click of a mouse

Risk Intelligence System data being assessed at the company’s Hellerup offices, near Copenhagen, Denmark: together with its centers in North America and Singapore, Risk Intelligence provides worldwide maritime transportation security intelligence on a 24/7/365 basis. (Photo: Risk Intelligence)

Risk Intelligence provides security data, information, analysis and assessment to enable safe navigation in areas of risk in an increasingly uncertain worldSince its founding in 2001, Denmark-headquartered security information specialist Risk Intelligence has developed a fully integrated risk assessment and planning tool that provides valid, actionable intelligence to any fleet, on land, in port or at sea, 24/7/365. The company has three information and intelligence products that together assess security risks at sea…

10 Mar 2020

Maritime's 'Path to Zero': The Case for Ferries

Image courtesy of Maid of the Mist Corp.

Ferries have pioneered zero-emission technology deployment for good reason. Short routes and regular port visits provide opportunities for shipboard stored energy technology, and it is the commercial case that is turning the tide towards zero emissions where the ferry market is concerned. Supported by shoreside charging infrastructure, a fully charged battery pack can be used to propel a ship along a predictable route at relatively low operating cost and little wear and tear,…

02 Mar 2020

Bawat’s Ballast Water System Wins USCG Type Approval

Image: Bawat

Denmark's Bawat reports it has received type approval from the U.S. Coast Guard for its ballast water management system (BWMS).The system is touted by Bawat as the only treatment system available that relies on heat pasteurization to kill off potentially dangerous aquatic organisms in ballast water.“We are extremely pleased to have been awarded Type Approval by the U.S. Coast Guard which has one of the toughest approval processes,” said Marcus Hummer, CEO, Bawat.The Bawat system…

26 Feb 2020

Tuco Delivers Workboat for Autonomous Ship Research Program

Photo: Tuco Marine

UiT, The Arctic University of Norway takes over new ProZero Workboat for its Autonomous Ships Navigation research program.The ProZero 8m Full Cabin Service Boat is outfitted and utilized as a fast and flexible multi mission workboat, and is purchased from ProZero of Denmark, after an extensive tendering process. The boat has now been built to the desired specifications of UIT and is taken over by the University after full sea trials at the ProZero building yard, Tuco Marine in…

21 Feb 2020

MAN Propulsion for Royal Canadian Navy Tugs

Photo: MAN Energy Solutions

OCEAN Industries Inc. has ordered 8 × MAN 12V175D-MM, IMO Tier III-compliant engines in connection with the construction of 4 × 24-meter ASD tugs for the Royal Canadian Navy. The vessels are set respectively for delivery to Canada’s major naval bases at Esquimalt, British Columbia and Halifax, Nova Scotia, with each location set to receive two tugs. Under the contract, MAN Energy Solutions will also provide SCR (Selective Catalytic Reduction) technology for the engines, facilitating Tier III compliance, as well as ship service diesel-generator sets.

19 Feb 2020

EDS Wraps Up Horns Rev 3 Work

Image: Vattenvall

UK high voltage engineering specialist EDS HV Group has completed consultancy work at Vattenfall's 407MW Horns Rev 3 (HR3) wind farm off Denmark.Vattenfall’s Horns Rev 3, located off the coast of Denmark, contains 49 8.3MW MHI Vestas turbines, with a total capacity of 406.7MW, enough to provide renewable energy to 425,000 Danish Homes, said a press release from EDS, part of James Fisher and Sons plc.Under the scope of work EDS provided pre-site engineering support, HV system reviews…

19 Feb 2020

Denmark Needs More Women at Sea

Anne Windfeldt Trolle, Executive Director. Photo: Danish Shipping

Danish Shipping is focusing on enhanced participation of women in shipping and has introduced many initiatives that have been launched to increase the number of women on board.With its task force for more women at sea, 10 recommendations for the industry and finally the charter for more women in shipping, Danish Shipping has taken the lead in Europe when it comes to making extra efforts to attract women.Recently, Anne W. Trolle, executive director of employment conditions, recruitment & training of Danish Shipping…

16 Feb 2020

Johan Röstin Resigns as CEO of ForSea

Image: ForSea

ForSea (formerly HH Ferries Group),  the operator linking Denmark and Sweden via Helsingør and Helsingborg, announced that Chief Executive Officer (CEO) Johan Röstinwill be stepping down from his position.“It has been a privilege to lead ForSea for almost three years. The company has come a long way during a short time, and I am proud to have contributed to the many changes we implemented and the results we have achieved. I have decided that now is the right time to step down from my position…

12 Feb 2020

Austal Launches 109m Ferry

Austal Philippines launched Hull 419, a 109 meter high-speed catamaran ferry being built for Fjord Line or Norway at Austal's Balamban shipyard in Cebu. Photo: Austal

Austal Philippines launched Hull 419, a 109 meter high-speed catamaran ferry being built for Fjord Line or Norway at Austal's Balamban shipyard in Cebu.The vehicle-passenger ferry, to be known as FSTR, is the largest aluminium vessel ever launched in the Philippines – and the largest by volume ever built by Austal. It is scheduled to be delivered in the 2nd quarter of CY2020.“This new ship for Fjord Line of Norway is the first of many large, high-speed commercial ferries to be constructed at our newly expanded shipyard in the Philippines," said Austal CEO David Singleton.

12 Feb 2020

Maersk Names Jany CFO

Patrick Jany (File photo: Clariant)

A.P. Moller - Maersk has appointed Patrick Jany as its new chief financial officer, effective May 1, 2020.Jany, a German citizen, joins the world's largest shipping company as CFO and a member of the executive board after more than two decades with Swiss chemicals company Clariant, where he's been CFO since 2006. Prior to his role as CFO, he held several leadership positions within finance, general management and corporate development in Clariant in Germany, Mexico, Singapore, Indonesia and Spain.“I am pleased to welcome Patrick Jany to A.

06 Feb 2020

Risk Management with a Mouse Click

Risk Intelligence provides security data, information, analysis and assessment to enable safe navigation in areas of risk in an increasingly uncertain world.Since its founding in 2001, Denmark-headquartered security information specialist Risk Intelligence has developed a fully integrated risk assessment and planning tool that provides valid, actionable intelligence to any fleet, on land, in port or at sea, 24/7/365. The company has three information and intelligence products that together assess security risks at sea…

05 Feb 2020

Vattenfall Steps Up Offshore Wind Market

CEO Magnus Hall and CFO Anna Borg. Photo: Vattenfall

Swedish multinational power company Vattenfall said that it had reached a number of important milestones during the year 2019. In Denmark the Horns Rev 3 (407 MW) wind farm was inaugurated, and construction was started on Kriegers Flak (605 MW), said European energy company."In the Netherlands we had the winning tender for Hollandse Kust Zuid 3&4 (~750 MW). We will develop and operate this project together with the first stage, Hollandse Kust Zuid 1&2, entirely without subsidies…

05 Feb 2020

Capesize Index Turns Negative for the First Time Ever

©  Mike Mareen / Adobe Stock

Capesize index plummets to -133, the first time ever in negative territory – is it all up from here?The Baltic Exchange Capesize Index (BCI) dropped to -133 index points on February 4, 2020, turning negative for the first time ever on January 31, 2020. The composite BDI index (BDI), which has excluded the more stable handysize segment since March 2018, also dropped on February 4, 2020 to settle at 453 index points.The BCI has been on a freefall through the entirety of December, but the descent started to pick up more steam during the past couple of weeks.

02 Feb 2020

Gasum to Bunker Equinor's Tankers

Image: Gasum

Finnish utility Gasum has signed an agreement with Norwegian energy giant Equinor for the delivery of liquefied natural gas (LNG) to the latter’s crude shuttle tankers.The Nordic energy company said in a press release that the supply will commence when the shuttle tankers start operating during 2020.The LNG bunkering deliveries will mainly take place off Skagen, the most northern part of Denmark, and at Mongstad, close to Bergen, Norway. Gasum will utilize its Coralius LNG bunker vessel to perform this service.“We’re happy to support Equinor in its ambition towards cleaner shipping…

29 Jan 2020

MAN to Open New Propeller Facility in China

(from left): Poul Knudsgaard, Head of Four Stroke Denmark, Jan Zebitz, Head of Aft Ship & Propeller, Stjepan Kucifer, Managing Director MAN ES China Production, and Kui Xi, CFO MAN ES Shanghai China (Photo: MAN Energy Solutions)_

Intercompany agreement signed between MAN Energy Solutions’ China Production and Four-Stroke Denmark’s Aft Ship & Propeller Department will establish a local CPP Assembly & Test facility with the aim to expand the propeller business further into the Chinese market.The target is to double the market share, and the plan is to start assembling the first systems in the middle of 2020, the company said.Jan Zebitz, Head of Aft Ship & Propeller, said: “There are several reasons for us to move closer to the Chinese market.

29 Jan 2020

Global Wind Capacity to Reach 626 GW

Image courtesy: Ørsted

The global wind power industry is expected to install more than 626,800 MW of new capacity over the next decade, said a report.According to a report from Navigant Research, this new capacity represents a market worth more than $92 billion in 2019 and more than $1 trillion over the forecast decade.According to the report, global offshore wind development is expected to experience a 16% compound annual growth rate over a 10-year forecast period.China, Taiwan, and Europe are the leading markets…

27 Jan 2020

PGNiG: Polish LNG Import Jumps Up

Graph:  PGNiG

LNG imports to Poland via the Świnoujście LNG Terminal  keep rising and stood at 3.4 billion cubic metres in 2019 after regasification, up from 2.7 bcm the year before."The first quarter of 2020 will see peak activity in terms of LNG deliveries. By the end of March this year alone we are to receive ten cargoes coming in from different directions,” said Jerzy Kwieciński, President of the PGNIG S.A. Management Board.The long-term take-or-pay contract with Gazprom via the Yamal pipeline means Russia is still Poland’s dominant supplier.

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