MAERSK LINE LIMITED
MAERSK LINE LIMITED News
Maersk to Spin Off Svitzer
Denmark's A.P. Moller-Maersk said on Thursday it will spin off its towage and marine services activities and plans to list the new company on the Nasdaq Copenhagen stock exchange.Maersk has sought to streamline its business in recent years, spinning off oil rigs and other units that did not fit with its core shipping and logistics operations.The anticipated first day of trading for the shares of the new companyâŠ
Maersk Names Charles van der Steene President for North America
A.P. Moller - Maersk (Maersk) announced it has appointed Charles van der Steene as the new Regional President for North America, effective February 1, 2024. With the move, van der Steene will join the companyâs Executive Leadership Team.A logistics industry veteran, van der Steene joined Maersk in 2011 with deep global experience in commercial leadership, operations and general management. He previouslyâŠ
Maersk and Hapag-Lloyd Set Up Operational Cooperation
Shipping industry majors Hapag-Lloyd and Maersk have signed an agreement for a new long-term operational collaboration called âGemini Cooperationâ, which will start in February 2025.The ambition is to deliver a flexible and interconnected ocean network with industry-leading reliability.The new cooperation between the companies will comprise a fleet pool of around 290 vessels with a combined capacity of 3.4 million containers (TEU).
Maersk Tankers Acquires Penfield Marine
Maersk Tankers announced it has acquired U.S. pool operator Penfield Marine, creating a large-scale crude and product tanker company with around 240 vessels under its management.Maersk Tankersâ CEO, Tina Revsbech, said, âPenfield Marine has over the years built a solid position and presence in the industry and is a perfect match to Maersk Tankers. Our combined commercial and operational expertise willâŠ
Maersk Signs Methanol Bunkering MoU with City of Yokohama
A.P. Moller-Maersk has signed a Memorandum of Understanding (MoU) with the City of Yokohama and Mitsubishi Gas Chemical. The agreement will focus on the development of green methanol bunkering infrastructure in Yokohama as Maerskâs 16,000 TEU green methanol-powered container vessels will be delivered since 2024.Maersk has a target of achieving net-zero emissions by 2040 throughout its entire business.
Shipping CEOs Call for End to Fossil-Only Newbuilds
The CEOs of leading global shipping lines issued a joint declaration at COP 28 calling for an end date for fossil-only powered newbuilds and urging the IMO to create the regulatory conditions to accelerate the transition to green fuels.The only realistic way of meeting the IMOâs 2030, 2040 and net-zero 2050 goals is to transition from fossil to green fuels at scale and at pace, they say.Their jointâŠ
Maersk Tankers, Mitsui Order Up to 10 Very Large Ammonia Carriers
Maersk Tankers confirmed an order for up to 10 very large ammonia carriers (VLAC) has been placed with Hyundai Samho Heavy Industries in Korea. Mitsui & Co., Ltd. will join as a co-investor in the first four vessels. The vessels will be operated by Maersk Tankers.The 93,000 cbm newbuilds will be among the largest ammonia carriers in operation, capable of carrying a full cargo of ammonia. The first four firm VLACs are due to be delivered from late 2026 onwardsâŠ
Maersk and The Ocean Cleanup Forge Ahead in Plastic Capture
Offshore vessel owner Maersk Supply Service, A.P. Moller â Maersk, and The Ocean Cleanup have agreed to extend their collaboration to complete the validation of the system by The Ocean Cleanup which is said to be able to consistently capture significant quantities of plastic from the ocean. The Ocean Cleanup, which has established the plastic capture system said the next step for The Ocean Cleanup is to validate the system from an engineering and ecological perspectiveâŠ
Maersk Supply Service's Vessel Bags Contract Extension for Angola Subsea Operations
Maersk Supply Service has secured a contract extension in Angola for its Subsea Support Vessel Maersk Involver for an additional 15 months.The Danish vessel owner said Monday that under the extended contract, the vessel and crew would support various subsea operations off the coast of Angola.
Historic Moment: World's First Green Methanol-Powered Container Vessel Named in Denmark
Ursula von der Leyen, the president of the European Commission, on Thursday named the worldâs first-ever container vessel sailing on green methanol.At a ceremony in Copenhagen on September 14, where the Maersk-owned vessel arrived from Ulsan in South Korea, Von Der Leyen acted as the ship's godmother and named the vessel 'Laura Maersk'.The Danish-flagged 172-meter-long vessel has been described as a key milestone for A.P.
Equinor to Supply Fuel for Maersk's Methanol-powered Containership
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.
Anchor Handler Construction: What to Expect as Floating Wind Picks Up
A fleet of newbuild specialized anchor handlers will be required to help build up the emerging floating offshore wind industry. But since the industry is still in its early days, many unknowns have made it difficult for shipyards and their partners to gear up to build this fleet. This article explores complex market demand and technical drivers that help give a better understanding of anchor handlerâŠ
Maersk Tankers Names Revsbech CEO
Tina Revsbech will join Maersk Tankers as its new CEO, replacing Christian M. Ingerslev, who has been appointed CEO of Maersk Supply Service.Revsbech brings to the role more than 30 years of industry experience. She was previously executive vice president at Fednav Limited, CEO at BW Tankers and senior vice president at Torm. Earlier in her career, Revsbech worked for more than 15 years for Maersk Tankers as head of chartering and Head of Maersk Tankers for Americas and SingaporeâŠ
Worldâs First Methanol-Fueled Containership Launched
The worldâs first methanol-fueled containership has been launched for A.P. Moller - Maersk as the Danish shipping giant makes headway toward its goal to decarbonize its operations.âThe launching was successfully completed on April 4 at Hyundai Mipo Dockyard, and the construction is continuing with delivery in the summer,â said Henrik Ekmann, Head of Newbuilding & Retrofit at Maersk.The 2,100 TEU, ABSâŠ
Maersk Supply Service and GustoMSC to Design Innovative Wind Installation Vessel for European Waters
Danish offshore vessel operator Maersk Supply Service has entered a collaboration with the Dutch vessel designer GustoMSC to design the "next generation" Wind Installation Vessel. Maersk Supply Service, which is already building an offshore wind installation vessel for the U.S. market, said Tuesday the aim of the latest collaboration with GustoMSC was to create an "upgraded version that is fit forâŠ
Maersk Tankers CCO Eva Birgitte Bisgaard Steps Down
Danish shipping company Maersk Tankers announced its chief commercial officer Eva Birgitte Bisgaard is stepping down effect immediately.Christian M. Ingerslev, chief executive officer of Maersk Tankers, takes over responsibility for the companyâs sales and services in addition to his duties as chief executive officerâUnder Eva Birgitteâs leadership, partnersâ satisfaction with our services increased significantly.
Maersk Connector Cable Layer to Stay with Seaway 7 Until 2025-end
Maersk Supply Service's cable-laying vessel Maersk Connector has secured a contract to continue operations on behalf of Seaway 7 until December 31, 2025.The extension follows a successful first year of working on Seaway 7âs projects in both Taiwan and the United Kingdom, the shipowner said.The vessel first started cable-laying provision for Seaway 7 in October 2021, initially working in the North Sea at the Seagreen Offshore Wind Farm project.
Maersk Supply Service Pens Major Contract for FPSO Work in Brazil
Danish offshore vessel owner Maersk Supply Service said Thursday it had signed an assignment agreement with TechnipFMC for work in Brazil.The scope covers the pre-installation of the mooring system and hook-up of the FPSO P-78. The FPSO P-78 will be the seventh FPSO in the Búzios field, located in the Santos Basin, offshore Brazil.According to Maersk Supply Service, the project will be carried out over nearly two yearsâŠ
Maersk Announces New Executive Leadership Team
Danish shipping giant A.P. Moller - Maersk on Tuesday announced a new organizational structure and a new executive leadership team.The changes are effective February 1, 2023 and follow the appointment of Vincent Clerc as CEO of A.P. Moller - Maersk effective January 1, 2023."The business has executed well during the past years, and we have a highly engaged and competent global team ready for the next miles of our transformation, Clerc said.
Maersk Lines Up More Green Methanol Fuel Supply in the US
Danish shipping giant A.P. Moller - Maersk announced it is partnering with U.S.-based SunGas Renewables to secure a supply of green methanol to fuel its next generation of cleaner burning containerships.Under a recently signed letter of intent (LOI), SunGas Renewables, a spin-out of GTI Energy, will produce green methanol from multiple facilities that it will develop in the U.S. from which Maersk intends to offtake methanol.
