krogragg

Category: Denmark

  • Celsius seals Samsung Heavy LNG carrier order

    Celsius seals Samsung Heavy LNG carrier order Celsius Tankers, part of Danish owner Celsius Shipping, has placed an order for an additional 180,000 cu m LNG carrier with South Korea’s Samsung Heavy Industries. The deal brings Celsius Tankers’ LNG fleet to 24 vessels, bolstering the company’s ongoing expansion in the segment. Samsung Heavy Industries confirmed…

  • Denmark detains sanctioned boxship

    Denmark detains sanctioned boxship Denmark’s maritime authority on Thursday detained an Iran-flagged container vessel anchored in Danish waters after determining it was not properly registered. LSEG data identify the ship as Nora, which was initially sailing under a Comoros flag. The Danish authority said Comoros had informed it the vessel was not found in the…

  • Cadeler arm wins Taiwan offshore wind O&M contract

    Cadeler arm wins Taiwan offshore wind O&M contract Cadeler’s service arm, Nexra, has signed a firm contract for an operations and maintenance campaign in Taiwan. The contract with an undisclosed client is expected to exceed €20m ($23.7m) and will be executed across two offshore wind farms in Taiwan. The campaign will commence in March 2026,…

  • Maersk posts ocean loss, 1,000 job cuts as container boom unwinds

    Maersk posts ocean loss, 1,000 job cuts as container boom unwinds The dark clouds swirling around the container shipping industry intensified today with Maersk following Japan’s Ocean Network Express, in announcing its ocean division had slipped into the red for the final quarter of 2025. The Danish shipping giant also revealed today it will lay…

  • Esvagt–KMC venture lines up CTV build backed by Vestas deal in South Korea

    Esvagt–KMC venture lines up CTV build backed by Vestas deal in South Korea KESTO, the offshore wind joint venture between Denmark’s Esvagt and South Korean shipping company KMC Line, has secured its first contracts, signing a long-term vessel deal with turbine maker Vestas for the Shinan-Ui offshore wind farm. Under the agreement, KESTO will provide…

  • Two final bids in the run for Denmark’s €3.84 billion carbon capture and storage fund

    Two final bids in the run for Denmark’s €3.84 billion carbon capture and storage fund The Danish Energy Agency has received two final bids for the DKK 28.7 billion […] The post Two final bids in the run for Denmark’s €3.84 billion carbon capture and storage fund appeared first on Offshore Energy. Nadja Skopljak Go…

  • Maersk and Hapag-Lloyd to route one Gemini service through Red Sea

    Maersk and Hapag-Lloyd to route one Gemini service through Red Sea Maersk and Hapag-Lloyd are set to resume Red Sea transits on one of their shared Gemini Cooperation services, marking a cautious step back into the corridor after months of widespread diversions around the Cape of Good Hope. The Danish and German carriers said the…

  • Singapore’s Wealth Holdings books up to eight MPPs with Norden charter cover

    Singapore’s Wealth Holdings books up to eight MPPs with Norden charter cover Singapore-based Wealth Holdings is stepping into the multipurpose vessel space with a sizeable, charter-backed newbuilding programme, lining up to eight 17,400-dwt MPPs with Danish operator DS Norden providing time-charter cover. The deal covers four firm vessels with two plus two options, with Wealth…

  • ZeroNorth hands CEO role to Andersen as founder Meyer steps aside

    ZeroNorth hands CEO role to Andersen as founder Meyer steps aside Maritime digital optimisation firm ZeroNorth is changing leadership as it moves into its next phase of growth, appointing Soren Andersen as chief executive. Andersen will take over from founder CEO Soren Meyer, who is stepping down after leading the Danish company from start-up to…

  • Greenland control and tariffs threaten to destabilise transatlantic shipping

    Greenland control and tariffs threaten to destabilise transatlantic shipping Donald Trump has reiterated his vow to “100%” place tariffs on European countries that oppose his demand to take control of Greenland, with liners on the north Atlantic trades already coming under pressure. Westbound rates on the transatlantic container tradesfrom Europe to the US are already…

  • Maersk heads back to the Red Sea

    Maersk heads back to the Red Sea Danish carrier Maersk, the world’s second largest liner, has taken its first structural step back into the Red Sea, deciding to reroute its MECL service, connecting the Middle East and India with the US east coast, through the Suez Canal after months of Cape of Good Hope diversions.…

  • Maersk carries out first Red Sea transit in almost two years

    Maersk carries out first Red Sea transit in almost two years In the early morning on December 19, the 2007-built Singapore-flagged boxship Maersk Sebarok completed a transit through the Bab el-Mandeb Strait and into the Red Sea. This marks the first time a Maersk vessel transited the strait in almost two years. The company stated…

  • Denmark pushes back bid submission deadline for piece of $4.59 billion carbon capture and storage pie

    Denmark pushes back bid submission deadline for piece of $4.59 billion carbon capture and storage pie The Danish Energy Agency has postponed the deadline for its carbon capture and storage (CCS) tendering procedure, which enables interested companies to get a slice of the DKK 28.7 billion ($4.59 billion) funding cake earmarked to lend Denmark a…

  • Maersk holds off on date for Suez return

    Maersk holds off on date for Suez return A Maersk spokesperson says the company has not set a firm date for resuming Suez Canal sailings, despite the Suez Canal Authority announcing an early-December comeback for the Danish carrier. In a statement, Maersk said it intends to restore navigation on the East–West corridor “as soon as…

  • Denmark rolls out new 2.8GW offshore wind tender package

    Denmark rolls out new 2.8GW offshore wind tender package Danish authorities have announced tenders for three areas enabling the construction of at least 2.8GW of offshore wind power. The Danish Energy Agency said that the tenders were based on thorough market dialogues and include, among other things, state subsidies and greater flexibility for developers to…

  • Diana Shipping clinches capesize charter upgrade with Norden

    Diana Shipping clinches capesize charter upgrade with Norden Greek bulker owner Diana Shipping has locked in a fresh charter for its 2015-built capesize Santa Barbara at a higher rate with Danish shipowner and operator Norden. The 179,426 dwt vessel will earn $25,500 per day, minus 5% commission, for a period running from a minimum of…

  • Svitzer takes majority stake in Norway’s Bukser og Berging

    Svitzer takes majority stake in Norway’s Bukser og Berging Danish towage giant Svitzer has acquired a 66.6% stake in Norwegian towage and marine services company Buksér og Berging (BOB). The deal, which remains subject to final regulatory approvals, will see BOB continue operating as an independent company under its own brand, management, and strategy. Chief…

  • Norden extends partnership with wood pellet maker Enviva

    Norden extends partnership with wood pellet maker Enviva Danish shipowner Norden has signed a new two-year contract of affreightment with US-based wood pellet producer Enviva, covering shipments from the US to Europe starting in 2026. Under the agreement, Norden will carry multiple handysize cargoes of wood pellets from loading ports along the US East and…

  • Norden names new dry cargo head

    Norden names new dry cargo head Danish shipowner and operator Norden has named Christian Antonsen as its new head of dry cargo in the freight services and trading division. Antonsen joins from agricultural giant Archer Daniels Midland (ADM), where he currently serves as global ocean freight director, chartering. His career has also included stints at…

  • Svitzer joins forces with Cochin Shipyard on electric tug build in India

    Svitzer joins forces with Cochin Shipyard on electric tug build in India Svitzer has signed a letter of intent with Cochin Shipyard to develop and construct a new generation of electric tugs in India. The Danish towage operator said the agreement, signed during India Maritime Week in Mumbai, lays the groundwork for production of the…

  • APM Terminals and Alabama Port move ahead with Mobile expansion

    APM Terminals and Alabama Port move ahead with Mobile expansion APM Terminals and the Alabama Port Authority have agreed to move ahead with a $131m expansion at the Port of Mobile, adding a new 1,300-foot container berth to handle growing trade volumes through the Gulf of Mexico gateway. The “Phase V” project will boost berth…

  • Maersk launches onboard trials of methanol and ethanol mix

    Maersk launches onboard trials of methanol and ethanol mix Danish shipping giant Maersk has started onboard fuel trials of a methanol-ethanol blend as part of its efforts to explore alternative fuel use for decarbonising global shipping. The company’s 2,100 teu methanol-fuelled containership Laura Maersk, which became the world’s first container vessel to operate on green…

  • Court clears ICTSI to run Durban terminal after Maersk challenge fails

    Court clears ICTSI to run Durban terminal after Maersk challenge fails A South African court has dismissed a legal challenge by AP Moller-Maersk’s terminal arm against the award of a key port concession to International Container Terminal Services Inc (ICTSI), paving the way for the Filipino operator to take control of Durban Container Terminal (DCT)…

  • Denmark tightens checks on shadow fleet

    Denmark tightens checks on shadow fleet The Danish government yesterday announced it is tightening environmental and safety inspections of oil tankers—especially older, high-risk ships—passing through its waters or anchoring at Skagen Red, a key anchorage at the gateway between the Baltic and North Seas. Environment minister Magnus Heunicke said older vessels pose particular threats to…

  • Shadow tanker accused of being Europe’s drone mothership

    Shadow tanker accused of being Europe’s drone mothership The Boracay, an 18-year-old Russian-linked tanker seized by French commandos off Brest this week, has been placed at the scene of up to nine drone incidents across northern Europe, according to a Daily Telegraph analysis of AIS tracking. The newspaper reports the vessel was within striking distance…

  • Splash Wrap: From tankers to tech

    Splash Wrap: From tankers to tech Unquestionably, the big news this week came from Singapore, where BW-controlled Hafnia made a move for rival product tanker giant Torm. Hafnia is acquiring a 14.45% holding in its Danish rival from Oaktree Capital Management in a deal worth about $311.4m leading many analysts to speculate whether this is…

  • TB Marine and Ektank sign for chemical tanker newbuilds

    TB Marine and Ektank sign for chemical tanker newbuilds German owner TB Marine and Sweden’s Ektank have signed up for 22,000 dwt methanol-ready chemical carriers to join the IceChem Tankers pool. The Danish pool operator said four ships have been contracted, with the first newbuild due in autumn 2026, and subsequent units arriving every three…

  • Hafnia swoops for 14.5% Torm stake in $311m deal with Oaktree

    Hafnia swoops for 14.5% Torm stake in $311m deal with Oaktree Singapore-based product tanker giant Hafnia has agreed to acquire a 14.45% holding in Danish rival Torm from Oaktree Capital Management in a deal worth about $311.4m. The BW Group-backed owner will pay $22 per share for the block of A-shares in the Copenhagen- and…

  • Caravel and Celsius form LNG bunkering JV

    Caravel and Celsius form LNG bunkering JV The Caravel Group and Celsius Tankers have formed a joint venture to co-own and operate a new fleet of LNG bunkering vessels.  The joint venture has placed a firm order for two 20,000 cu m LNG bunker vessels at China Merchants Industry Holdings and China Merchants Heavy Industry…

  • Danish shipping group USTC pushes back against press attacks

    Danish shipping group USTC pushes back against press attacks United Shipping & Trading Company (USTC), the Danish shipping and logistics group owned by the Østergaard-Nielsen family, has filed a complaint with the Danish Press Council against the daily tabloid Ekstra Bladet, accusing it of breaching press ethics in its reporting on founder Torben Østergaard-Nielsen. The…

  • Mibau Stema grows bulker fleet backed by Hartmann-CSL venture

    Mibau Stema grows bulker fleet backed by Hartmann-CSL venture Denmark-based Mibau Stema Group has signed up for two new self-unloading bulk carriers at Chengxi Shipyard in China. These newbuilds will be constructed to be biofuel- and methanol-ready as part of Mibau Stema’s strategic goal to enhance transport capabilities, increase operational versatility, and transition towards more…

  • APM Terminals seals $1bn ports deal in India

    APM Terminals seals $1bn ports deal in India Maersk’s port operating arm, APM Terminals, has signed a memorandum of understanding with India’s Andhra Pradesh Maritime Board to invest 9,000 crore (around $1.1bn) in the development of three key ports in the state. The agreement, inked in the presence of chief minister N Chandrababu Naidu, covers…

  • TMS Cardiff Gas and Celsius tied to $1.5bn Samsung LNG orders

    TMS Cardiff Gas and Celsius tied to $1.5bn Samsung LNG orders Two well-known names in LNG shipping have been linked to fresh orders at Samsung Heavy Industries, as newbuilding activity in the gas carrier segment shows signs of life. The South Korean yard confirmed this week it had secured contracts for six 174,000 cu m…

  • Xeneta acquires eeSea

    Xeneta acquires eeSea Xeneta has acquired fellow Scandinavian maritime and supply chain data company eeSea. By adding eeSea’s global schedule, transit time and reliability data to its existing range of freight rate data, Xeneta said in a release it will enable BCO procurement teams to manage freight contracts and suppliers based on service levels, and…

  • Fire hits Maersk ship off Liberia

    Fire hits Maersk ship off Liberia A fire broke out on Wednesday onboard a Maersk ultra-large containership while sailing off the coast of Liberia. The 2013-built 19,076 teu Marie Maersk, operating under the Gemini Cooperation’s Asia–Europe AE4 service, was en route from Rotterdam to Tanjung Pelepas when crewmembers detected smoke coming from containers on deck.…

  • Ex-Christiania Gas boss joins Navigare Capital

    Ex-Christiania Gas boss joins Navigare Capital Denmark’s Navigare Capital Partners has brought in a former chief executive of Christiania Ga, Andrew McPhail, as a new partner, bolstering its investment team. McPhail is now working on business development and deal sourcing alongside partners Lars Christensen and Max Nielsen. His remit covers opportunities across the deepsea shipping…

  • Leadership change at Blue Water Shipping

    Leadership change at Blue Water Shipping Danish shipping and logistics group Blue Water has appointed Thomas Bek as its new chief executive, succeeding Søren Nørgaard Thomsen, who steps down after seven years at the helm. Bek, who started as a freight forwarding trainee with Blue Water 29 years ago, takes over immediately. For the past…

  • Norwind Offshore clinches CSOV deal with Semco unit

    Norwind Offshore clinches CSOV deal with Semco unit Norwind Offshore has landed a charter agreement with Wind Multiplikator, the German subsidiary of Denmark’s Semco Maritime, for a newly built commissioning service operation vessel (CSOV). The vessel, Norwind Maestro, will be deployed to support operations at the 400 MW Global Tech I offshore wind farm in…

  • Cadeler locks in $245m charter for newest turbine installation unit

    Cadeler locks in $245m charter for newest turbine installation unit Denmark-based offshore wind vessel player Cadeler has taken early delivery of the newbuild jackup vessel and secured the units’ first long-term contract — a €210m ($245m) deal with turbine maker Vestas. The BW Group and Scorpio-backed shipowner acquired the vessel from China’s Shanghai Boqiang Heavy…

  • Ørsted secures $3bn in financing for offshore wind farm in Taiwan

    Ørsted secures $3bn in financing for offshore wind farm in Taiwan Danish offshore wind developer Ørsted has secured TWD 90bn ($3bn) in financing for the 632MW Greater Changhua 2 wind farm off Taiwan. The financing deal was arranged with 25 banks and five export credit agencies and covers part of the financing for the project.…

  • Trafigura takes stake in ZeroNorth

    Trafigura takes stake in ZeroNorth Global commodities powerhouse Trafigura has taken a strategic equity stake in a well-known vessel optimisation brand, ZeroNorth. The new partnership will see ZeroNorth’s platform deployed across Trafigura’s controlled fleet of over 350 vessels, including its voyage optimisation systems, emissions analytics and vessel reporting tools. While financial terms of the transaction…

  • Danes press ahead with project to ship CO2 in containers

    Danes press ahead with project to ship CO2 in containers Danish firm DecarbonICE is looking to develop a full CO2 transport value chain with the gas in solid form, otherwise known as dry ice. The company wants to show the benefits of this kind of transfer compared to transporting CO2 in liquid form in pressurised…

  • Maersk Tankers brings technical ops in-house as ammonia fleet takes shape

    Maersk Tankers brings technical ops in-house as ammonia fleet takes shape Denmark’s Maersk Tankers is set to establish in-house technical management operations as it prepares to take delivery of very large ammonia carriers (VLACs) and seeks tighter alignment between technical expertise and commercial ambitions. The move marks a pivot from the company’s 2021 decision to…

  • Norden flips two more ships

    Norden flips two more ships Denmark’s Norden has revealed new activity in the sale-and-purchase market with two transactions closed in the dry and wet segments, continuing a wave of disposals tied to its purchase-option strategy. The Copenhagen-listed company has offloaded one supramax bulk carrier and one MR tanker for an undisclosed sum. No further details…

  • Denmark extends life of two more offshore wind farms

    Denmark extends life of two more offshore wind farms The Danish Energy Agency (DEA) has extended the life of two offshore wind farms, which together have been in operation for almost 50 years. The Agency has notified the owners of the Middelgrunden and Nysted offshore wind farms that it will be extending their permits for…

  • Denmark’s Project Greensand hires NOV for CO2 transfer solution

    Denmark’s Project Greensand hires NOV for CO2 transfer solution INEOS and its partners in Project Greensand, an initiative that aims to set up a large-scale carbon capture and storage (CCS) value chain offshore Denmark by 2026, have selected a provider of an offshore CO2 injection system for the project. The post Denmark’s Project Greensand hires…

  • Cadeler buys Chinese-built wind turbine installation vessel

    Cadeler buys Chinese-built wind turbine installation vessel Copenhagen-headquartered offshore wind installation player Cadeler has bought a newly constructed jackup wind turbine installation vessel (WTIV) from Shanghai Boqiang Heavy Industry. The company acquired the 2024-built Boqiang 3060 vessel, set to be renamed Wind Keeper. The vessel is fitted with a Huisman main crane with a 2,200…

  • Norden helps lower Microsoft’s maritime supply chain emissions

    Norden helps lower Microsoft’s maritime supply chain emissions Danish shipping giant Norden is working on a pilot project with global technology company Microsoft to help reduce its maritime supply chain emissions The company said that the pilot project involves the use of Norden’s biofuel voyage and Book and Claim solution. Norden’s book and claim solution…

  • Denmark sets up offshore wind tender with up to $8.3bn in subsidies

    Denmark sets up offshore wind tender with up to $8.3bn in subsidies The Danish government has revealed it would launch a 3GW offshore wind tender this autumn. The country also decided to support developers with two-sided contracts for difference after last year’s tender attracted no bids. The three tenders cover two areas in the Danish…

  • Martin Sato returns as CEO at Lauritzen Bulkers

    Martin Sato returns as CEO at Lauritzen Bulkers Denmark’s Lauritzen Bulkers has appointed Martin Sato as its new chief executive. Sato, who previously spent 18 years at J. Lauritzen’s dry bulk business, will join the Copenhagen-based shipowner and operator by December from fellow handysize bulker player BaltNav, where he has served as CEO since 2024.…

  • Norden signs iron ore port logistics deal in Australia

    Norden signs iron ore port logistics deal in Australia Danish shipping giant Norden has signed its first port logistics project in Australia with Kimberley Metals Group (KMG), a developer and operator of iron ore mining projects. Norden will provide additional assets for the existing transhipment operation, loading iron ore from the port of Wyndham in…

  • Denmark first to launch remote pilotage

    Denmark first to launch remote pilotage With approval from the Danish Emergency Management Agency, DanPilot and Danelec are now initiating a test program for remote pilotage – the first of its kind in the world.  The test program created by DanPilot and Danelec allows pilots to guide ships from land, using only advanced data transmitted…

  • Norden exercises option for two more MPPs

    Norden exercises option for two more MPPs Danish shipping giant Norden has decided to increase its multi-purpose (MPP) fleet by signing newbuilding leases with purchase options for two vessels. These two vessels are options to the recently signed deals for two identical vessels set to deliver in 2026. This latest pair of 17,500 dwt vessels…

  • Greta Thunberg-led activists storm Maersk Tankers Copenhagen office

    Greta Thunberg-led activists storm Maersk Tankers Copenhagen office Over 50 activists from the Green Youth Movement (Den Grønne Ungdomsbevægelse) have broken into the Copenhagen office of Maersk Tankers. The activists claim that the action is part of a larger series of actions over the next 10 days that will focus on the alleged role of…

  • Esvagt and KMC Line firm up Korean offshore wind venture

    Esvagt and KMC Line firm up Korean offshore wind venture Danish offshore wind vessel operator Esvagt has officially formed a joint venture with South Korean shipping company KMC Line. The jv named KESTO will target the growing South Korean offshore wind market, where current plans include as much as 18.3 GW offshore wind to be…

  • Torm sells off ageing LR2

    Torm sells off ageing LR2 Danish product tanker owner and operator Torm has continued the disposal of older tonnage with the sale of one of its two oldest LR2 vessels. The New York and Copenhagen Nasdaq-listed company has revealed the sale of an unnamed 2008-built LR2 unit with delivery to new owners expected during the…

  • Nokia to provide private wireless to Maersk ships

    Nokia to provide private wireless to Maersk ships Danish liner giant Maersk has contracted Nokia to equip 450 vessels in its fleet with private wireless. The move is part of Maersk’s rollout of its new digital connectivity platform, OneWireless, which aims to offer real-time cargo tracking, enhanced supply chain visibility, and improved operational efficiency. “By…

  • Danish government looks to establish $1bn war risk programme

    Danish government looks to establish $1bn war risk programme The Danish government has announced plans to create a state-backed $1bn war risk programme for ships to be used in the event commercial insurance markets fail.  The government said the insurance plan, due to be voted on in parliament later this year, was a “timely precaution”. …

  • Norden presses on with bulker flipping

    Norden presses on with bulker flipping Danish shipping giant Norden has bagged another bulker sale after taking a purchase option on chartered-in tonnage. The Jan Rindbo-led owner and operator said it had offloaded an unnamed, previously leased handysize for an undisclosed sum in a deal that follows two similar, recently carried out asset plays. Earlier…

  • Atlas and EMF cash in on car carrier newbuilds

    Atlas and EMF cash in on car carrier newbuilds Greek owner Atlas Maritime and Danish shipping investment firm European Maritime Finance (EMF) have confirmed a lucrative asset play involving at least one of their car carrier newbuildings. The duo has revealed the delivery of the 7,000 ceu Electric Star to Noatum Maritime for an undisclosed…

  • A.P. Moller Holding moves to take Svitzer private

    A.P. Moller Holding moves to take Svitzer private Denmark’s A.P. Moller Holding (APMH) has made an all-cash offer to take towage operator Svitzer private. The offer, valued at about $1.3bn, comes at nearly a 32% premium to Tuesday’s closing share price in Copenhagen. APMH holds 47% of shares in Svitzer, which demerged from Maersk last…

  • Norway’s sovereign wealth fund buys stake in two RWE offshore wind farms

    Norway’s sovereign wealth fund buys stake in two RWE offshore wind farms Norges Bank Investment Management (NBIM), the manager of the world’s largest sovereign wealth fund – often referred to as the Oil Fund – worth over $1.75trn, has bought a 49% stake in two offshore wind projects from German utility RWE. The fund bought…

  • Norden bags pair of capesize newbuilds

    Norden bags pair of capesize newbuilds Denmark’s Norden has firmed up its commitment to the capesize bulker segment through a deal for a pair of newbuildings. The Hellerup-based shipping giant will take the vessels on charter, with purchase options attached to the contract. The vessels will be built in Japan, with deliveries set for 2026…

  • Maersk seals 33-year lease extension at port of NY and NJ

    Maersk seals 33-year lease extension at port of NY and NJ AP Moller-Maersk has reached an agreement with the Port Authority of New York and New Jersey to extend APM Terminals Elizabeth’s lease through December 2062. Originally set to expire in 2029, the 33-year lease extension “paves the way for major infrastructure investments which will…

  • Uni-Tankers brings in fresh tonnage

    Uni-Tankers brings in fresh tonnage Denmark’s Uni-Tankers is renewing its fleet with two modern stainless steel vessels. The Per Ekmann-led outfit is adding the Selandia Swan to its owned fleet this spring. The ship is said to represent the company’s ongoing commitment to renewing its fleet with new, energy-efficient tonnage. Uni-Tankers is also bringing in…

  • A.P. Moller Capital buys into Philippine logistics firm

    A.P. Moller Capital buys into Philippine logistics firm A.P. Moller Capital has agreed to acquire 40% of the Philippine logistics company AC Logistics (ACL) from Ayala Corporation. Established in 2021, ACL offers supply chain solutions covering cold chain solutions, freight forwarding, national distribution, and contract logistics. The Copenhagen-based infrastructure fund management affiliate of A.P. Moller…

  • Torm ships out three oldest tankers

    Torm ships out three oldest tankers Danish product tanker owner Torm has continued its sell-off of older tonnage with three ships set to exit the fleet. The New York and Copenhagen Nasdaq-listed firm is shipping out 2005-built MR tankers the 46,200 dwt Torm Ragnhild, 50,000 dwt Torm Resilience and 47,000 dwt Torm Thames, with deliveries…

  • Lauritzen Bulkers buys Canadian breakbulk specialist Alexander & Blake

    Lauritzen Bulkers buys Canadian breakbulk specialist Alexander & Blake Danish dry bulk owner and operator Lauritzen Bulkers has acquired Canadian breakbulk and parcel shipping company, Alexander & Blake. The Copenhagen-headquartered outfit, which manages a fleet of between 90 and 110 geared handysize and ultramax vessels, is taking over the Burlington-based company for an undisclosed sum.…

  • Lauritzen Bulkers CEO leaves due to stress

    Lauritzen Bulkers CEO leaves due to stress Martin Egvang has stepped down as chief executive officer of Copenhagen-based shipowner and operator Lauritzen Bulkers, citing stress issues. “I have been experiencing increasing stress-related symptoms, which has reached an unsustainable level, and I have therefore concluded that the right thing for me is to step down as…

  • TotalEnergies winding down commissioning ops at giant North Sea gas project

    TotalEnergies winding down commissioning ops at giant North Sea gas project TotalEnergies has made progress in unlocking the full commissioning capacity at its natural gas redevelopment project in the Danish sector of the North Sea. The post TotalEnergies winding down commissioning ops at giant North Sea gas project appeared first on Offshore Energy. Melisa Cavcic…

  • Maersk seals pact with India’s top yard

    Maersk seals pact with India’s top yard AP Moller-Maersk has signed a memorandum of understanding with India’s Cochin Shipyard to explore ship repair and shipbuilding opportunities. The strategic partnership, which aligns with India’s aim to be among the top 10 maritime nations by 2030 and the top five by 2047, is expected to see the…

  • Navigare Capital signs for containership newbuilds

    Navigare Capital signs for containership newbuilds Denmark’s Navigare Capital Partners has moved to add more containerships to its portfolio through a deal for up to six newbuildings in China. The Copenhagen-based alternative investment fund manager has signed up for four firm 4,300 teu vessels at Taizhou Sanfu Shipbuilding with options for two more, according to…

  • Houthis seen by Maersk as the dividing line between profit and loss this year

    Houthis seen by Maersk as the dividing line between profit and loss this year Last year has proven to be the third most profitable year in the history of container shipping, and likewise it proved to be the third best year in the 121-year history of Denmark’s largest shipping concern, Maersk. Top management in Copenhagen…

  • Cadeler bags first deals for newbuild wind installation vessel

    Cadeler bags first deals for newbuild wind installation vessel Copenhagen-headquartered offshore wind installation player Cadeler has signed two contracts with undisclosed clients for its newbuild wind installation vessel Wind Mover starting immediately upon delivery.  The vessel, currently under construction at Hanwha Ocean Shipyard in Korea, will support operations, maintenance activities, and potential installation work in…

  • Mads Nipper steps down as Ørsted CEO

    Mads Nipper steps down as Ørsted CEO The chief executive officer of Danish offshore wind developer Ørsted, Mads Nipper, has stepped down from his role. Nipper will step down from the CEO position on February 1 at which time Rasmus Errboe, the current deputy CEO and chief commercial officer, will step into the role of…

  • Denmark gives permission for preservation work on damaged Nord Stream 2 pipeline

    Denmark gives permission for preservation work on damaged Nord Stream 2 pipeline The Danish Energy Agency has granted permission to Nord Stream 2 AG to preserve […] The post Denmark gives permission for preservation work on damaged Nord Stream 2 pipeline appeared first on Offshore Energy. Nadja Skopljak Go to offshore energy biz

  • Celsius seals Samsung Heavy LNG carrier order

    Celsius seals Samsung Heavy LNG carrier order Celsius Tankers, a unit of Danish owner Celsius Shipping, has ordered an additional 180,000 cu m LNG carrier at Samsung Heavy Industries. The newbuild will deliver in 2027 and enter into a long-term charter with a Japanese major. Celsius said its LNG carrier design will minimise CO2 emissions…

  • Svitzer books another battery-powered newbuild

    Svitzer books another battery-powered newbuild Danish towage operator Svitzer is adding another battery-powered newbuild to its fleet. The Copenhagen-based group with more than 450 vessels has contracted the Turkish Sanmar Shipyard to build the unit for delivery in the second half of 2025.  The electric tug, based on the design of naval architect Robert Allan,…

  • NATO, Baltic states and Taiwan to clamp down on cable cutters

    NATO, Baltic states and Taiwan to clamp down on cable cutters In Asia and Europe, authorities are taking action, trying to crack down on ships taking out critical subsea infrastructure.  NATO secretary-general, Mark Rutte co-hosted a summit of Baltic Sea allies yesterday launching new military activity in the region to protect critical infrastructure following a…

  • Monjasa brings in ADNOC L&S LNG carrier as FSU in Dubai

    Monjasa brings in ADNOC L&S LNG carrier as FSU in Dubai Danish marine fuels supplier Monjasa is strengthening its LNG bunkering business in the United Arab Emirates by chartering a dedicated floating storage unit. The company, which recently completed UAE’s first LNG bunkering via NYK’s chartered-in 5,000 cu m Green Zeebrugge is now bringing in…

  • Ziton bolsters jackup fleet 

    Ziton bolsters jackup fleet  Danish shipowner and offshore wind specialist Ziton has expanded its fleet of operations and maintenance jackup vessels. The company, acquired by a fund advised by Australia’s Macquarie Asset Management last year, is adding the 2011-built unit named Wind Discovery for an undisclosed sum, taking its fleet to six dedicated O&M jackups.…

  • NKT scores $1bn cabling deal in Germany with TenneT

    NKT scores $1bn cabling deal in Germany with TenneT Danish offshore cabling specialist NKT has been awarded two turnkey projects in Germany under a multi-year framework agreement with transmission system operator TenneT. TenneT has selected NKT to provide 525 kV XLPE HVDC on- and offshore power cable systems for two projects. The scope involves cable…

  • Monjasa makes LNG bunkering move in the UAE

    Monjasa makes LNG bunkering move in the UAE Denmark-based bunker supplier Monjasa has brought in an LNG bunkering vessel on charter for deployment in the UAE. The company’s move into the LNG bunkering space has seen NYK’s 5,000 cu m Green Zeebrugge fixed for an undisclosed period in what Monjasa says was a response to…

  • Insurance checks instituted for Russian shadow fleet passing through the Baltic

    Insurance checks instituted for Russian shadow fleet passing through the Baltic A number of European nations have followed the lead taken by the UK in demanding insurance details from Russian-linked ships passing through their waters, something that is expected to put pressure on Russia’s exports through the Baltic.  The UK started this crackdown in October,…

  • Norden pounces on five leased ships and signs up for bulker newbuilds

    Norden pounces on five leased ships and signs up for bulker newbuilds Denmark’s Norden has seized the opportunity to bolster its owned fleet by five ships and signed to lease a fresh pair of bulker newbuildings as two older capesize units are being lined up for the new owner. The Jan Rindbo-led owner and operator…

  • Meta taps into Norden’s biofuel offering 

    Meta taps into Norden’s biofuel offering  Danish shipping giant Norden has sealed a deal with Mark Zuckerberg’s Meta for the use of sustainable fuels in its maritime supply chains. The owner of Facebook, which has set a goal of reaching net-zero emissions across its value chain in 2030, has signed up for the so-called Book…

  • Sedna buys email management specialist Nordic IT

    Sedna buys email management specialist Nordic IT UK-based technology firm Sedna, whose platform helps maritime companies streamline communication, has acquired Copenhagen-headquartered email management specialist Nordic IT. Sedna said the move reinforces email’s position as the primary protocol in maritime while advancing the company’s delivery of AI-powered, connected solutions for the industry. “By bringing Nordic IT…

  • TotalEnergies’ North Sea mega gas project at full tilt after overcoming obstacles

    TotalEnergies’ North Sea mega gas project at full tilt after overcoming obstacles TotalEnergies has tucked a new milestone under its belt by reaching full technical capacity at its natural gas redevelopment project in the Danish sector of the North Sea. The post TotalEnergies’ North Sea mega gas project at full tilt after overcoming obstacles appeared…

  • New Scandinavian dry bulk player launched

    New Scandinavian dry bulk player launched Denmark’s Baltic Shipping and Risør Shipping of Norway have joined forces to launch a new dry bulk shipping player. Baltic Bulk has been officially introduced this week as a new dry cargo operator, freight trader and commercial manager specialising in the handysize and supramax market, but, how the company…

  • Cadeler seals UK offshore wind deal

    Cadeler seals UK offshore wind deal Copenhagen-headquartered offshore wind vessels player Cadeler has inked a firm deal with ScottishPower Renewables to transport and install wind turbine generators and foundations for the East Anglia Two project off the coast of the UK. The BW Group and Scorpio-backed owner and operator said the contract is worth between…

  • RWE gets final clearance to build Denmark’s largest offshore wind farm

    The Danish Energy Agency has granted German utility RWE the offshore construction permit for the Thor offshore wind farm, Denmark’s largest to date. RWE now has all permits in place to start offshore construction work in spring 2025. With a planned capacity of more than 1,000MW, Thor will be able to produce enough green electricity…