Torvald Klaveness News

Bulk shipping companies Torvald Klaveness and Lauritzen Bulkers are collaborating, with Lauritzen Bulkers testing Market Manager by Klaveness for better decision-making.The software-as-a-service (SaaS) platform developed by Klaveness Chartering enables customers to be better informed about shipping markets.Niels Josefsen, CEO at Lauritzen, said: “Over the past four years, Lauritzen Bulkers has transformed from a traditional shipowner and operator to a company with increasing focus on active portfolio management.

Nine companies across the maritime value chain have issued a joint statement expressing their commitment to developing and implementing robust book and claim chain of custody systems to accelerate the early phases of shipping’s decarbonisation. The signatories of the joint statement – Aspen Shipping Decarbonization Initiative, DHL Global Forwarding, Hapag Lloyd, Kuehne + Nagel, Norden, Oldendorff Carriers, ONE, Torvald Klaveness, and Yara Clean Ammonia –belong to the Getting to Zero coalition…

After three successful years as joint partners of Baumarine by MaruKlav, the world's largest Panamax Pool, Marubeni will take a 25% stake of Klaveness Dry Bulk.The deal includes the operating arm Klaveness Chartering, the Baumarine Pool and Market Manager, a recently commercialized digital freight offering."The Torvald Klaveness group and Klaveness Dry Bulk have delivered significant results, not only for the Marubeni fleet, but also for Panamax owners in Baumarine by MaruKlav as a whole,” said Toru Okazaki, Chief Operating Officer, Aerospace & Ship Division of Marubeni Corporation.

MMSL PTE. LTD., a wholly owned subsidiary of Marubeni Corporation based in Singapore signed an agreement with bound4blue to install four suction sails on the Crimson Kingdom, making it the first wind-assisted vessel owned by Marubeni. According to the preliminary studies, the 229-m Panamax bulk carrier will be retrofitted in 2023/24 with four 26-m eSAILs, expected to be the largest suction sails ever built and installed on a vessel. After the installation, the vessel will be operated by MaruKlav Management Inc.…

Norwegian/Swedish RoRo shipping company Wallenius Wilhelmsen's new president and CEO, Lasse Kristoffersen, took up his new position June 1.Named to the role in November, Kristoffersen joins Wallenius Wilhelmsen ASA from Torvald Klaveness, where he has worked for the past 15 years, serving as president and CEO since 2011. “I have been looking forward to this day for a while now. I have spent the last few weeks building my knowledge about the company and will now focus on getting to know our clients and our people.

Norwegian shipping company Torvald Klaveness announced that Ernst Meyer, currently serving as chief operating officer and managing director of Klaveness Ship Management, will succeed Lasse Kristoffersen as president and CEO of Torvald Klaveness from April 1, 2022.“As chairman, I am very pleased to welcome Ernst as our new CEO. Ernst has a wealth of experience from leadership roles at DNV and Klaveness and has been an important contributor to our current strategy. The board of directors is delighted Ernst has accepted the position…

Norwegian/Swedish RoRo shipping company Wallenius Wilhelmsen on Monday named Lasse Kristoffersen as its CEO. Kristoffersen will start in his new role no later than June 1, 2022, the company said.Rune Bjerke, Chair of the Board:"We are very pleased to welcome Lasse Kristoffersen to Wallenius Wilhelmsen. With his background and experience, we are confident that he, together with our experienced team, will continue to strengthen the company’s competitive advantage, for the benefit of our customers…

Methanol-to-hydrogen generator technology company e1 Marine announced it has appointed Maite Klarup as its commercial director.Tapped to lead the implementation of e1 Marine’s commercial strategy, Klarup brings to the role more than 20 years of leadership experience from her time at BIMCO, THOME Group, Nordana and WISTA across shipping markets in North and South America, Europe and Southeast Asia.Stuart Crawford, managing director of e1 Marine, said, “[Klarup’s] extensive experience…

Marubeni and Torvald Klaveness' joint venture panamax bulker pool is offering pool partners the option to convert freely between floating and fixed rate, at any given time, in line with forward market levels.The companies, which announced the merging of their panamax pool activities through the MaruKlav joint venture in June 2020, said the newly expanded "MaruKlav 2.0" structure allows owners to utilize market peaks to lock-in fixed earnings at preset target levels.Michael Joergensen…

Shipping and trade groups are calling on the European Union to advance the development of ammonia and green hydrogen as the best marine fuel options to enable the industry to accelerate decarbonization.With about 90% of world trade transported by sea, global shipping accounts for nearly 3% of the world’s CO2 emissions.To reach goals for shipping set by the United Nations, industry leaders say the first net-zero ships must enter the global fleet by 2030, with vessels powered by green hydrogen and its derivative compound ammonia among the options.The coalition of groups…

Former Telenor CEO Jon Fredrik Baksaas has been appointed as DNV GL’s new chair of the board, the Norwegian-headquartered classification society announced.Best known for his 13-year tenure as president and CEO of the telecoms firm, Baksaas started his career with DNV (as it was then known) and spent six years at the company before leaving in 1985. He has also served as member of the DNV Council for 12 years.“DNV GL is a company that is well positioned to take a role as a trusted voice to tackle the global transformations the world is facing.

Some of the world's biggest commodities and energy players on Wednesday launched an initiative to cut and track emissions from the ships they charter as efforts intensify to reduce the maritime industry's carbon footprint.About 90% of world trade is transported by sea, and the UN shipping agency the International Maritime Organization (IMO) aims to reduce overall greenhouse gas emissions by 50% from 2008 levels by 2050.Carbon emissions from shipping rose in the six-year period to 2018 and accounted for 2.89% of the world’s CO2, the latest IMO-commissioned study showed, mounting pressure on the

Danish dry bulk specialist Clipper Bulk announced that it would acquire the Bulkhandling shipping pool of Supramax and Ultramax vessels, from Norwegian shipowner Klaveness.The Bulkhandling pool dates back to 1963 and was the first pool operated in shipping.All current members of the Bulkhandling pool have been offered to join the new Clipper Bulkhandling pool, and the new pool management will jointly with the members agree on a strategy for further growth and expansion. Following this, Clipper Bulk will manage one of the leading pools for supramax and ultramax dry bulk tonnage in the world. Lasse Kristoffersen, CEO Torvald Klaveness said:  “The Bulkhandling pool is seen as market leading and have significant potential for growth.

China's fast-spreading coronavirus is throwing the global container shipping trade out of sync, with lines re-routing cargoes and reducing calls to Chinese ports, setting the scene for months of delivery delays ahead, industry sources said.The spread of the deadly virus has shut down cities and factories in China and disrupted global air travel.China's decision to extend its Lunar New Year holiday period until Feb. 10 has compounded logistical complications, despite its ports staying open.

Norwegian dry bulk operator Torvald Klaveness and Japanese trading house Marubeni have merged their panamax pool activities into a new jointly-owned pool management company called Maruklav Management.Maruklav, claimed to be the world's biggest panamax bulker pool, will be led by Michael Jørgensen as the company MD, with Masashi Kobayashi from Marubeni as Deputy MD. The combination of existing fleets in the MG Harrison Shipping and Baumarine Pools will see the venture with a fleet of approximately 30 vessels starting operations in early April."Combining the strengths of major trading house Marubeni and long-term Owner and Operator Klaveness will not only leverage individual capabilities…

Norwegian shipping company Torvald Klaveness will scale down its dry bulk shipping activity in the Supramax segment and focus on the Panamax to Post-Panamax units.Klaveness Combination Carriers has dry bulk as one of its target markets, and Klaveness Digital, through its CargoValue platform, offer a unique solution for companies sourcing and shipping dry and wet raw materials at sea.Through Klaveness Chartering, Torvald Klaveness is a leading dry bulk operator serving charterers and owners all over the world. Klaveness Chartering has had a particular stronghold in the Panamax, Kamsarmax and Post-Panamax segments and there are significant synergies with the rest of the group in this activity.In order to grow and develop this business further…

Executives at some of the world's top shipping groups are advocating a levy on carbon emissions on shipping in an effort to shape tightening rules on greenhouse gas emissions while providing a means to fund development of cleaner fuel sources."To meet international shipping's decarbonization challenge, the maritime industry needs a carbon levy, it is coming, and we should shape it," said Andreas Sohmen-Pao, chairman of BW Group at the Global Maritime Forum in Singapore this week.The…

Norway's shipping company Klaveness Combination Carriers (KCC), part of Torvald Klaveness, has secured options for the construction of additional combination carriers.KCC entered into agreements with China’s Jiangsu New Yangzi Shipbuilding (JNYS) beginning its first employment.The agreement provides KCC the option to contract an additional two CLEANBU vessels. The duo also concluded agreements for new declaration and delivery dates of the current outstanding options for the four CLEANBU ships.KCC and JNYS have furthermore concluded agreements giving KCC the option to contract additional two CLEANBU vessels.The six fixed price options…

Pacific Green Technologies Inc. (PGTK) (OTCQB: PGTK), owner of the ENVI-Marine and ENVI-Clean Exhaust Gas Scrubbing Systems, said that Anders Jorgen Røine has joined the company as Direct Sales Commercial & Business Development Director based in the office in Oslo.Røine has more than 25 years of commercial shipping experience as a ship broker and senior chartering manager in London, New York and Oslo. After he left The Royal Norwegian Navy he joined Simpson Spence & Young in London…

Qatar based  S'hail Shipping and Maritime Services has added two panamax dry bulk carrier into the Baumarine pool, a specialized panamax, kamsarmax and post-panamax pool run by Torvald Klaveness.The Norwegian shipping company said in a press note that the good vessels MV S’hail al Rayan and MV S’hail al Dukhan of S’hail Shipping recently joined its pool.Head of Pool Management at Klaveness, Hans Næss Olstad explained, “With this fourth and fifth vessel in the Baumarine Pool, S’hail has become a successful example of cooperation and optimization of resources to streamline their spot trade without having the positional and counterpart risk. They benefit from the Klaveness deal flow and our chartering offices in Oslo, Singapore, and Dubai.

Marlink and its inhouse IT specialist unit Palantir are to be the preferred supplier for vessels managed by Klaveness Ship Management AS.Vessels in the fleet will be equipped with an advanced solution, combining KeepUp@Sea remote IT service with Sealink VSAT connectivity, as well as XChange centralized communications management and global L-band back-up. This supports Torvald Klaveness’ ambition of becoming the leading digital bulk operator while optimizing their business operations…

Norwegian shipping company Klaveness Combination Carriers AS holds several attractive growth options and is now launching a contemplated private placement of shares with total gross proceeds of approximately USD 45-70 million.The owner and operator of modern combination carriers said that current investors, management and previous CABU investors will subscribe for USD 25 million.Klaveness Combination Carriers AS (KCC), with its nine CABU vessels in operation and five CLEANBU vessels on order, is the leading owner and operator of modern combination carriers. Combination carriers are vessels able to transport both dry and wet bulk cargoes in the same cargo holds.Through this…

Norwegian shipping company Torvald Klaveness has extended its shipping agreement with Luxembourg-based steel and mining firm Arcelor Mittal. "We are pleased that Arcelor Mittal, one of the leading steel and mining companies have chosen to continue their long-lasting relationships with Klaveness," said a press statement from the company. This entails 10 cargoes on Panamax from south America to continent, and 10 cargoes on supramax from the West Africa-continent. A total volume of 1.4 mill tonnes of iron ore in 2018. Arcelor Mittal has an industrial presence in 18 countries and strongly believe in producing safe, sustainable steel. A company…