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Hemmingsen: Maersk Drilling is hit by a perfect storm

The oil market and thus also Maersk Drilling are in the midst of "the perfect storm" that will have a big impact on the sector, said Chairman Claus V. Hemmingsen at the company's general assembly Thursday. The share price development is not satisfactory, he said.

Hemmingsen is halfway through a crucial mission

Following the sale of Maersk Oil and Maersk Tankers in 2017, the Maersk Group's longtime leading man and now CEO of the Energy unit, Claus V. Hemmingsen, must find a solution for Maersk Drilling and Maersk Supply Service. It will not be as easy, he admits.

Maersk Energy up in the air for two years

Maersk's new energy division, headed by Claus V. Hemmingsen, has two years to figure out a plan for the four companies in the division. Mergers, divestments, and cooperations are all on the table. "The businesses cannot all be lumped together," says Chairman Michael Pram Rasmussen.

Maersk Drilling CEO: It stings when daily rates go below USD 200,000

Even though Maersk Drilling was able to slightly upgrade its forecast for the full year of 2016, CEO Claus Hemmingsen is not particularly optimistic about the possibilities of finding employment for the idled fleet. And it really stings when daily rates drop below USD 200,000.

Maersk Drilling CEO: We'll takes things as they come

Following a solid result in 2015, the future is starting to look cloudy for Maersk Drilling as contracts from better days are running out, CEO Claus Hemmingsen tells ShippingWatch. The goal is to keep the rigs employed.

Skibsrederne presser regeringen på Hongkong-konvention

Selvom det efterhånden er et stykke tid siden, IMO vedtog Hongkong-konventionen om forsvarlig ophugning af udtjente skibe, har danske politikere ikke ratificeret den endnu. Nu vil Danmarks Rederiforening og CO-industri have handling.

Rederier ramt af Kinas økonomiske overdrivelser

Dansk søfart har det generelt som blommen i et æg i forhold til politisk velvilje. Men konkurrencen stiger konstant , og det gør kravene til rammevilkårene derfor også, siger Claus Hemmingsen, formand for Danmarks Rederiforening.

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