Maersk Supply Service lays off 130 employees and two executives

The new chief executive is trimming the business of the shipping company that was acquired by A. P. Moller Holding in March. A special business area will be shut down.

by DAG HOLMSTAD

Maersk Supply Service is slimming down its operations after the shipping company was sold by Maersk to A.P. Moller Holding earlier this year.

Already a subscriber?Log in here

Read the whole article

Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

Access all locked articles
Receive our daily newsletters
Access our app

Get full access for you and your coworkers

Start a free company trial today

Maersk company set do deliver offshore charging facilities for UK carrier
For subscribers
Maersk Oil Trading has delivered contaminated fuel in the US
For subscribers
Clerc cannot promise that 25% of Maersk's ocean freight will sail green by 2030
For subscribers

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

Newsletter terms

Front page now

Biocirc CEO Bertel Maigaard. Biocirc is run by asset manager Maigaard & Molbech, where Bertel Maigaard is also partner. It manages the fortunes of a group of wealthy Danish families, including Just Eat founder Bo Bendtsen. | Photo: PR/Biocirc

Oil & Gas

Biocirc reveals German expansion next year: "An exciting pipeline"

Plans to build more plants by 2024 are not limited to the US, reveals the CEO of the biogas group.

For subscribers

Oil & Gas

Oil prices a few dollars away from year-high record following turbulent week

For subscribers

European Energy CEO Knud Erik Andersen is pleased with a successful sale to Japanese Mitsui. | Photo: Gregers Tycho

Cleantech

European Energy and Mitsui finalize transaction of Danish solar farm and PtX plant

For subscribers

From left: Elizabeth Press, moderator and Director of Planning and Program Support, Ingrid Reumert, SVP and Head of Global Stakeholder Relations at Ørsted, Morten Dyrholm, Group SVP for Marketing, Communications & Public Affair at Vestas, Shamini Selvaratnam, Associate Director at Ocean Conservancy, and Ben Backwell, CEO at GWEC. | Photo: Consulate General of Denmark in New York

Renewables

Offshore wind players: Crucial to speed up the pace of project permitting

For subscribers

Tommy Larsen is the CEO and founder of Weptos. | Photo: Weptos

Renewables

Wave energy developer warns: China could take the helm if Europe doesn't wake up

For subscribers

Wind turbine manufacturer Nordex's CEO, José Luis Blanco, will have some extra on his plate for the next 18 months. | Photo: Nordex

Renewables

Nordex CEO becomes chairman of Wind Europe

TotalEnergies CEO: Unreasonable to ban Russian LNG sooner than 2025
There will not be enough liquefied natural gas to replace the EU’s imports of Russian LNG until 2025 or 2026, says the CEO of Totalenergies.
For subscribers
CMA CGM and Maersk will need help in new green lobbying alliance
Two of the world’s largest container shipping companies have joined forces to ”accelerate decarbonization” in the shipping industry - but it will take more effort to succeed, analysts say.
For subscribers
European Energy: TotalEnergies partnership is stepping stone towards more markets
European Energy envisions its entry into several markets after entering into a partnership with one of the world’s largest oil and gas companies.
For subscribers
FLSmidth: The mining sector's reputation blocks the green transition
Problems attracting talent to the industry, which extracts critical minerals such as lithium and cobalt, could make it difficult to meet green energy targets, according to the equipment manufacturer.
For subscribers
Ørsted selects Semco Maritime and KK Wind Solutions for German OSW farms
The two Danish companies have joined forces on a service contract for Borkum Riffgrund 1 & 2 and Gode Wind 1 & 2.
For subscribers
Havfram dismisses offshore wind crisis: Not worried about Ørsted contract
”If projects disappear, we manage to pick up other projects on the market,” Havfram CEO Ingrid Due-Gundersen tells EnergyWatch.
For subscribers

Cadeler gaining ground while other offshore wind players struggle

Ørsted has yet to make a final decision on a major UK offshore wind project where Cadeler will install half of the turbines. But a ”no” is highly unlikely, says chief executive.

For subscribers

Utilities

Analyst: Ørsted's status threatened after big bets on US offshore wind

”It used to be a beloved company that consistently exceeded expectations. Now there are confidence issues,” says one analyst to The Financial Times.

"Laura Maersk", the new container ship that will be the first in the world to run on methanol, was named on Thursday by EU Commission President Ursula von der Leyen. On the right in the photo is Robert Mærsk Uggla. | Foto: Mads Claus Rasmussen/Ritzau Scanpix

Cleantech

Uggla wants to open the energy taps like his grandfather in billion-dollar venture

The President of the European Commission has named the world’s first methanol-powered container ship, kicking off a race for the new green gold – the marine fuel methanol.

For subscribers

Ian Lundin arrives at the district court on Tuesday, where the trial against him and Alex Schneiter will commence. | Foto: Tt News Agency

Oil & Gas

Oil bosses deny guilt in Swedish trial about war crimes in Sudan

A major Swedish case on corporate responsibility in conflict-affected countries has begun. Oil boss calls accusations ”untrue”.

For subscribers

CIP's offshore wind projects in the US are not affected by the severe market situation in the same way as Ørsted's projects are, the manager writes in a letter to its investors. | Foto: Siemens Gamesa

Renewables

CIP reassures investors following Ørsted's shock announcement

CIP’s experience, market insight and strong focus on minimizing risks means that its offshore wind projects are not affected by the same risks as Ørsted’s, according to CIP itself.

For subscribers

Renewables

Chinese wind turbine manufacturer to build factory in Europe

After European market entry, more orders will follow steadily, says the chair of Chinese turbine manufacturer Sany which claims to be nearing a contract for a German project.