Tag: Denmark

The Danish International Registry of Shipping submitted a proposal for new legislation on January 9, aiming to achieve digital ship registration. According to the registry, this will reduce paper-work and time spent on transmission of documents. The digitalization of the Danish register is expected to happen in 2020.

According to Wood Mackenzie, five themes will dominate the market in 2019, including the comeback of North Sea exploration and, although the deal spend will slow, it will remain the seller’s market. WoodMac also sees an increase in development expenditure in 2019 but production will remain flat. In the end, companies with the lowest-cost projects will be the winners this year.

Danish Ship Finance and incubation firm Rainmaking issued their Maritime Trend Report providing perspectives on the future of the maritime industry through current trends of global startups. The findings are part of the ‘digital 2030 vision’ for the shipping industry, highlighting that some of the basic mechanisms for value creation in the industry could be redefined within the next 10-15 years.

The Dutch Gate LNG terminal announced that it achieved a record monthly quantity of 698.927.966 Nm3 of regasified LNG during November. This amounts for the vast majority of the booked monthly capacity. Namely, Dutch Gate LNG belongs to Gasunie and Vopak and is one of Europe’s largest LNG terminals. The LNG facility combines three 180,000-cbm storage tanks and up to now has an annual regasification capacity of 12 Bcm – equal to around 180 cargoes per year. During November the record, as stated above, was 698.927.966 Nm3 of regasified LNG which equals to 76% of the booked monthly capacity. Moreover, Gate terminal is currently testing the market's interest to develop its export capacity by up to 2 BCM annually. This will be possible by installing additional equipment. As far as the gate terminal is concerned, it is Europe’s LNG hub; a professional access gateway for LNG that is supplied from across the world. Gate terminal receives LNG for its customers, stores it, regasifies it and then supplies  it to the gas transport network for distribution to households and industry. This first Dutch LNG import terminal has been operational since 2011 and has an annual throughput capacity of 12 billion m3 of gas per year. ...

Denmark’s most modern container port will be completed by the end of 2021 and it will be a sustainable and automated container terminal in Copenhagen. The area in Outer Northern Harbour is fairly anonymous, however, the current works remind that this is where the container terminal will be in three years from now.

Following the extension, last spring, of the rules on tax free net wages for seafarers, the Danish Parliament has approved new regulation to also include certain specialised vessels. The amendments are expected to enter into force in 2019. 

A cement carrier ran aground on the west coast of Iceland on Saturday, November 3 because of the heavy waves and weather conditions. The crew and the pilot controlling the carrier were rescued by a helicopter. The grounding of the ship had as a result the breach of the carrier's hull and an oil spill.

The European Commission has approved the extension of the current Danish tonnage tax scheme to additional types of vessels. This aims to encourage ship registration in Europe and contribute to the global competitiveness of the sector without distorting competition.

Denmark's E-ferry 'Ellen' will delay another three months. The ferry will start service in the first quarter of 2019, sailing on the Søby - Fynshav route. Despitethe building works of the e-ferry have almost completed, the ferry still does not have its battery packs, as the delivery and instillation of 840 modules is still developing.

On the occasion of Denmark's ratification of the 2010 HNS Convention earlier this week, ECSA welcomed the move, noting however that the International liability and compensation regime covering pollution damage caused by ships needs to be swiftly ratified by all Member States.