ShippingWatch

Esbjerg port at the forefront of offshore development

From butter and bacon to feta cheese and fish to offshore wind turbines and drilling rigs. Esbjerg port has managed to focus on the segments in which money is to be made. Consequently, oil and wind are the current keywords of the industrial port.

Photo: Tycho Gregers

The Western Jutland major port of Esbjerg is thriving. In 2011, Esbjerg port produced its best result ever with a surplus of 59 million Danish kroner. The result represented an increase of 26 percent in comparison with 2010 and port director Ole Ingrisch expects this year’s result to be equally as positive, if not more so. His recipe for the port’s success is that it has managed to act quickly once the development changed from bacon to drilling rigs.

“We deal with business areas that are in growth. Offshore, oil and gas, and ro-ro are our three major specialties, and as opposed to the container and bulk markets, they are not suffering. Therefore, we have been able to grow throughout the crisis. We have been in an anti-cyclical trend in relation to the rest of society because our business benefits from high oil prices, a pretty good dollar rate, and a CO2 policy which is beneficial to us,” says Ole Ingrisch, who has been the port director of Esbjerg for 10 years.

Already a subscriber? Log in.

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.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

SDK Freja anticipates steep earnings drop following record year

Logistics company SDK Freja, which delivered record financials with great advancement on top and bottom lines, takes a more gloomy view of the current fiscal year due to several ”external factors.” However, the growth target remains the same, CEO tells ShippingWatch.

LNG carriers concerned about increasing ship prices

The price on new LNG vessels has soared vigorously, and for Flex LNG this has meant a withdrawal from the market for new ships. Such was the statement by Flex LNG’s chief exec at Marine Money in New York, where he also announced new long-term charter agreements.

Maersk ships delayed up to three weeks on US east coast

Bottlenecks at major container ports on the US east coast have entailed that Maersk vessels are affected by delays of up to three weeks. It’s a combination of congestion, many ships, and a lack of container space, Maersk says.

Related articles

Latest news

See all jobs