Maersk Tankers

Last week, we hosted a phenomenal global company event in Copenhagen, bringing together 250 colleagues from six offices. It was a unique event in many ways, not least due to the positive energy and passion everyone brought. After acquiring Penfield Marine earlier this year, this was the first time for many of us to meet in person. We spent three action-packed days uniting as one team, building new friendships and bridging different national and company cultures. Most importantly, we laid the foundation for a unique company culture together based on shared values. Thanks to everyone for a fantastic week.

Tina Revsbech joins Board of Directors of Danish Shipping “It’s a great pleasure to accept the opportunity to join the Board of Danish Shipping. I look forward to taking on an active role in ensuring the continued development of one of Denmark’s core industries at a time when global developments and geopolitical uncertainties pose new challenges for shipping,” she said. Tina’s appointment was announced at Danish Shipping’s Annual Conference in Copenhagen this morning.

It is fantastic to be part of a group of companies that play a leading role in the transition towards a more sustainable shipping industry.

Penfield Marine is now Maersk Tankers. Penfield Marine has changed its name and will from now work under the Maersk Tankers brand. The rebranding is part of the ongoing integration of the two companies. In January, Maersk Tankers announced that it had acquired Penfield Marine to create a tanker company with unique reach, offering pool partners and customers a wider range of services. We marked the milestone across our different offices and are thrilled to officially welcome our new colleagues in Southport, London and Singapore to the Maersk Tankers brand. Pictures: A selection from our offices in Houston, Copenhagen and Southport. Read more at: https://lnkd.in/dU-XDayg

In 1972, INGE MÆRSK became the inaugural gas tanker to join the Maersk Tankers fleet. During the 1950s, small-scale transportation of LPG began to gain momentum, as gas became increasingly important for industrial and household use. The modern refrigerated LPG tanker was developed around 1970, and with the introduction of new technology, LPG could be moved in large volumes. This was the time when Maersk Tankers acquired INGE MÆRSK. Maersk Tankers went on to become a leading player within gas shipping until the company sold its gas fleet in 2013.   Fast forward to 2023, and we re-entered the gas sector, today providing voyage management services for a growing fleet of more than 30 Very Large Gas Carriers (VLGCs). Looking ahead, we will build further on our legacy of operating gas carriers to offer seaborne transportation of clean ammonia – a crucial transportation service that will aid the energy transition – and made an investment in up to ten Very Large Ammonia Carriers (VLACs). The first four are set to be delivered from late 2026 onwards and we look forward to servicing clean ammonia producers and users in many parts of the world with efficient and safe ships. #maersk #energytransition #gasshipping #cleanammonia Photos: Gert Pedersen

Shipowners and charterers increasingly turn to retrofitting vessels while in operation, according to Frederik Pind, Managing Director of Maersk Tankers’ green tech business Njord. In conversation with TradeWinds, he debunked the notion that retrofits must follow the usual dry-dock cycle. More than half the installations done by Njord in 2023 on more than 40 vessels, using 12 different technologies, were completed during vessel operations. Despite a growing uptake of technologies that do not require dry-docking, only a third of vessels have made any improvements so far. Pind emphasizes the potential for combining technologies to yield significant efficiency gains with a rapid return on investment. He foresees 2024 as “the year of action”, as owners are spurred by a potential impact of the Carbon Intensity Indicator (CII) and the European Union’s Emissions Trading System, which penalize inefficient vessels, and the reassessment of RightShip ratings. Njord is a business founded by Maersk Tankers, that works with shipowners and charterers to boost the commercial and environmental performance of their fleet through technology. https://lnkd.in/ddqPv2nZ

Following our recent order for up to 10 Very Large Ammonia Carriers, Maersk Tankers’ Head of Green Vessels and Fuels, Navid Ostadian-Binai, attended the World Economic Forum’s annual meeting at Davos to take part in advocating for concrete action to accelerate the development of clean hydrogen and ammonia economies. In addition to gaining valuable insights, it was encouraging to see attendees’ willingness to share responsibility for driving the energy transition.   Our recent conversations with our network of clean ammonia producers and users augur well for a year of increasing commitment towards clean ammonia, including collaborating to accelerate the development of the ammonia dual-fuel engine.   #WEF24 #Davos2024 #CleanAmmonia #Hydrogen #Sustainability #CleanFuels #CleanEnergy #GreenHydrogen #GreenShipping #EnergyTransition #GreenEnergy #GreenFuels

📣Maersk Tankers has acquired Penfield Marine LLC to create a large-scale crude and product tanker company offering pool partners and cargo customers a wider range of services. The combined company will manage around 240 vessels, including approximately 45 vessels owned by affiliated companies. Together, Maersk Tankers and Penfield Marine will leverage their complementary capabilities to offer a variety of solutions meeting the increasing demand on shipowners to deliver attractive returns and cut emissions. Cargo customers will get access to a broader service range to cover their transportation needs within more segments.   Maersk Tankers’ CEO, Tina Revsbech, said: “Penfield 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 will allow us to grow our presence as a commercial manager and extend our service offerings within performance optimisation and decarbonisation to a broader segment of customers and pool partners. We look forward to welcoming Penfield’s customers, partners and our new colleagues to Maersk Tankers.”   Read the full press release at: https://lnkd.in/em22KY47

40 years ago, to mark the 125th anniversary of the charter of the Port of Copenhagen, the A.P. Moller Group donated the vessel bell from the Maersk Tankers VLCC (Very Large Crude Carrier) DIRCH MÆRSK.   When a Maersk vessel leaves the fleet, one of the few things that remains with us is its bell. The bells decorate our offices and sometimes we offer a bell to a customer or partner, in this case, a neighbour, the Port of Copenhagen.   The DIRCH MÆRSK was built at the Odense Steel Shipyard in 1968. The picture shows the vessel at Langelinje where it was visited by royalty, politicians, customers and the public enjoying a stroll on the deck of the 329-metre-long supertanker.   DIRCH MÆRSK was the 97th tanker vessel to join the Maersk fleet since 1928, emphasizing Maersk Tankers’ position in the crude oil market in the late 1960s.

Our order for up to 10 Very Large Ammonia Carriers (VLACs) was announced as COP28 kicked off, representing a welcomed investment aligned with this year’s key message: Unite. Act. Deliver. 🌍 Navid Ostadian-Binai, Maersk Tankers’ Head of Green Vessels and Fuels, was encouraged as he returned home from COP28. Encouraged by concrete actions in the industry, as well as growing ambitions among policymakers, now increasingly united in enabling clean hydrogen – and its derivative, clean ammonia – as vital commodities during the transition to clean energy. During the event, we met with leading clean ammonia producers as well as end users of clean ammonia and hydrogen. They viewed our investment into VLACs as an important signal – a concrete action which will allow us to provide a crucial service that will help meet the growing ammonia transportation needs. We look forward to continuing our conversations with our network of clean ammonia producers and users. Only by coming together can we accelerate the development of the ammonia dual-fuel engine as well as the remaining parts of a safe and efficient supply chain. #CleanAmmonia #COP28 #CleanFuels #EnergyTransition #CleanEnergy