Tag: Maersk

Maersk: Vessel KPIs save USD 90 million on energy

Maersk , slow steaming

Captain Phillips - The Real Maersk Alabama Somali Pirate Story

A recent court ruling in Florida leaves shipowners facing the threat of legal action from seafarers who feel that their working conditions at sea have contributed to poor health, both in the US and other jurisdictions, lawyers have confirmed.

4000 applicants Twenty-five eager young seafarers will have the opportunity to acquire maritime skills and develop their potential through Maersk Supply Service's new seafaring programme for Angolans, which launches this week. In a first for the company, the cadets will be trained in India. The initiative will not only benefit Maersk Supply Service, but also help build capacity in the Angolan offshore industry.Angola requires foreign companies operating in the country to employ 70 per cent of their workforce locally over time. But in a country with no seafaring tradition, Maersk Supply Service had a challenge in building up its own pool of certified, competent employees. The initiative will add 25 new recruits to that pool.Joshua Stack, Maersk Supply Service Country Manager in Angola explains: "By bringing up our own people we make sure that our crews receive the best training right from the beginning, not least in terms of safety. In short, that they work the Maersk-way and live our values," he says.Maersk Supply Service is part of the A.P. Moller - Maersk Group. The company has a fleet of more than 60 supply vessels, 2000 employees and takes part in oil and offshore operations across the globe.4000 applicantsInterest in ...

For its sustainable business practices Sustainable business practices are central to "constant care," the watchword across Maersk worldwide, and last month the U.S. Coast Guard formally recognized Maersk's commitment to environmental stewardship.Maersk Line Limited (MLL) received the U.S. Coast Guard's 2012 Rear Admiral William M. Benkert Marine Environmental Protection Silver Award in the "large company" category. The U.S. Coast Guard instituted the William M. Benkert Award Program to honor leaders in the field of marine safety and environmental protection while simultaneously raising awareness of maritime industry's impact on vulnerable marine ecosystems."This award recognizes MLL's continuous efforts and proactive approach to sustainable protection of the environment. Efficient and sound environmental performance and constant care by our colleagues at sea are the keys to a successful shipping company's performance," said Patrick Callahan, Director of Health, Safety, Security, Environment and Quality at MLL. Callahan noted that the dedication of the company's shore and sea staff has been instrumental in gaining recognition as a leader in marine safety and environmental protection.Maersk Tankers also received a Silver Award at the ceremony for its focus on environmental protection and sustainability in its operations. The award recognizes both MLL and Maersk Tankers for their diligent commitment to ...

$673.4 million investment APM Terminals, the ports arm of Denmark's A.P. Moller-Maersk (MAERSKb.CO), will take a one-fourth stake in a project to expand China's Ningbo Port with total investments of 4.29 billion yuan ($673.4 million), the companies said on Friday.The announcement came during a visit to Denmark by Chinese President Hu Jintao."We believe in China and will continue to invest in its development," APM Terminals Chief Executive Kim Fejfer said on Danish commercial broadcaster TV2 News.Ningbo is the sixth-largest container port in the world and the third-biggest in China with throughput of 14.5 million 20-foot equivalent units (TEU) in 2011 and strong growth in recent years, APM Terminals said in a statement."This agreement creates important new port capacity needed for our customers in one of the fastest-growing container markets in the world," Henrik Pedersen, chief executive of APM Terminals Asia-Pacific region, said in a statement.The companies will jointly invest and operate berths 3, 4 and 5, comprising a one kilometer quay in Ningbo's Meishan Container Terminal, APM Terminals said. "Once constructed, the new facility will become operational by December 31, 2014."At its current growth rate, Ningbo's capacity utilization will exceed 80 percent by the end of 2012 and the Meishan ...

APM Terminals, the ports arm of Danish shipping and oil group A.P. Moller-Maersk , expects to sign a more than 3 billion Danish crowns ($502.82 million) investment deal on a new container terminal in China, a company spokesman said on Wednesday.Further information about the partnership and location will be released on Friday during a visit to Denmark by Chinese President Hu Jintao, Maersk spokesman Michael Storgaard said on commercial broadcaster TV2 News."We expect to sign a deal regarding an investment of over 3 billion crowns in a new port in China," he said.China's Hu will visit Denmark on June 14-16, and a number of large business deals are expected to be signed in this connection.Danish brewer Carlsberg said on Tuesday it would sign a deal on Friday to build a large brewery in the Chinese province of Yunnan at a total investment of 4 billion Danish crownsSource: Reuters

'Many aspects' of trials on Maersk ship 'successful' Quadrise Fuels International says that "many aspects" of its sea trials of its a low cost alternative to heavy fuel oil, MSAR emulsion fuel, have been successful. The successes included general handling of the product and bunkering of the vessel, long term (over one year) storage of test fuel at ambient temperatures, and importantly confirming the emissions reduction potential of Marine MSAR.However Quadrise says that, during this first assessment, it was not possible to fully optimise engine performance, as the test configuration afforded limited scope for relevant "in service" adjustments. It adds that these recent results have provided the necessary data for future adjustment and assessments.The company noted: "This was the first time that commercial oil-in-water emulsion fuel has been trialled in 2-stroke marine diesel applications of this scale. As advised in previous reports, major innovative fuels development programmes require sufficient time for analysis of data, correction of any deficiencies and exploitation of opportunities revealed by the results of 'in service' performance.According to Quadrise, further marine engine and in-service tests are planned in the second half of the year with the support of Maersk, candidate refineries and major engine manufacturers. On completion, ...

Container shipping freight rates are profitable again Container shipping freight rates are profitable again and could rise further if trade picks up over the summer, the head of A.P. Moller-Maersk, the Danish shipping and oil group, said on Thursday.The recovery in rates could signal a brighter outlook for the global shipping industry, which has struggled to emerge from a four-year slump caused by oversupply of vessels and weak demand due to the sluggish world economy."At the moment, freight rates are at a level where container transport is earning money," Chief Executive Nils Smedegaard Andersen said in a presentation to the Danish Society of Financial Analysts."We are still working to get higher rates," Andersen said. "We hope there will be a pick-up in world trade after the summer."Last month, Andersen had said recent rate increases meant most container shipping lines were probably operating at breakeven levels.This contrasts with last year when rates plunged towards the middle of the year, which took A.P. Moller-Maersk's Maersk Line into the red for the year.Results this year for Maersk Line, the world's biggest container shipping group and a barometre of world trade, are expected to stay negative or "up to neutral," assuming that a rate ...