Denmark
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Renewables
Ørsted secures license for South Korean offshore wind project
Danish renewable energy developer Ørsted has been granted a 1.6GW electricity business license by the South Korean Ministry of Trade,…
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Europe
Maersk cashes out of Hoegh Autoliners
AP Moller-Maersk has cashed out of its position as the second largest shareholder in Hoegh Autoliners. The Danish liner giant…
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Tech
Danelec buys Nautilus Labs
A swathe of maritime tech specialists are looking for new work following the acquisition of New York-based Nautilus Labs by…
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Containers
Maersk ships to stop calling at Syrian ports
Maersk is halting all shipments to and from Syria due to growing challenges in complying with sanctions. The Danish liner giant…
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Bunkering
Maersk seals large green methanol fuel supply deal in China
Maersk today announced a long-term green methanol off-take agreement with Chinese developer Goldwind for annual volumes of 500,000 tonnes. The…
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Offshore
Maersk Supply Service extends ties with The Ocean Cleanup
Maersk Supply Service, A.P. Moller – Maersk and The Ocean Cleanup have agreed to extend their collaboration aimed at ridding…
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Bunkering
Petrobras sets sights on e-methanol with Maersk’s future fuel supplier
Brazilian state-controlled energy giant Petrobras has signed an agreement with Maersk’s future fuel supplier, European Energy, to evaluate e-methanol business…
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Renewables
Semco Maritime wins long-term service contract at German offshore wind farm
Denmark’s Semco Maritime has won a 10-year service contract from Siemens Gamesa for the 288 MW Butendiek offshore wind farm…
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Tankers
Easterly Asset Management emerges as buyer of Celsius tanker duo
Easterly Asset Management’s Maritime Logistics Equity Partners (MLEP) has emerged as the buyer of two chemical tankers from Danish shipowner…
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Finance and Insurance
Cadeler taps HSBC for $54m green loan
Denmark-based Cadeler has secured financing from HSBC to help fund the construction of its newbuilds and upgrade the existing vessels.…
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Regulatory
CII alternative pitched by Danish Ship Finance
Danish Ship Finance has issued its latest biannual markets report in which it has called for the International Maritime Organization’s…
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Renewables
Ørsted exits Norwegian offshore wind partnership with Fred Olsen Seawind and Hafslund
Denmark’s Ørsted has scrapped plans to bid for offshore wind developments in Norway in partnership with Fred Olsen Seawind and…
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Tankers
Monjasa makes its largest ship investment to date
Danish bunker supplier and tanker owner Monjasa has further strengthened its operations across West Africa with the addition of two…
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Tankers
Torm snaps up eight LR2 tankers in $399m deal
Danish tanker owner Torm is beefing up its fleet with the addition of eight secondhand LR2 vessels in a $399m…
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Containers
SFL clinches Maersk charter extension and vessel upgrades deal with Hapag-Lloyd
John Fredriksen’s SFL Corporation has bagged a contract extension for one of its boxships and sealed a $65m deal to…
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Renewables
HOFOR puts Aflandshage offshore wind project on hold
Danish power supply company HOFOR has put its Aflandshage offshore wind project on hold with the possibility of completely pulling…
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Containers
‘Challenging times ahead’: Maersk lets go of thousands of staff
A year is a long time in liner shipping. At the end of 2022, carriers were handing out mega bonuses,…
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Dry Cargo
Union Bulk becomes shipowner with first bulker buy
Danish dry bulk shipping and freight trading company operating primarily in the handysize and handymax segments Union Bulk has become…
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Renewables
Ørsted ceases development of two US offshore wind projects, takes FID for Revolution Wind
Danish renewable energy developer Ørsted has decided to cease the development of its Ocean Wind 1 and 2 projects. Simultaneously,…
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Finance and Insurance
J. Lauritzen cashes in on Hafnia shares
Danish maritime investment company J. Lauritzen has cashed in on its shares held in Hafnia, a product tanker unit of…
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