Danish government prepared to enter Hormuz coalition

The Danish government now declares its readiness to participate in an international maritime coalition that is to secure the safe passage of vessels in the Strait of Hormuz near Iran, which has been marred by unrest.

This follows the British government recently urging several nations to cooperate on providing security for ships in the region.

"I welcome the British government's statement about an international maritime security effort in the area. The effort will have a strong European imprint. The government welcomes a possible Danish contribution to such an effort," says Foreign Minister Jeppe Kofod (Social Democratic Party).

The situation in the Strait of Hormuz impacts the world's tanker vessels and global oil transport greatly. Several tanker companies, including Danish Hafnia, Torm and Norden, have announced that they are monitoring the situation closely.

Denmark's government prepared to join naval mission in Strait of Hormuz 

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UK: Europe must deploy forces to protect vessels in Hormuz 

Shipping companies must carefully review contracts before entering Strait of Hormuz 

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Iran has seized vessel from Stena Bulk 

Iran says it could close Strait of Hormuz, but doesn't want to

Investor wants millions returned from MARS

Modern American Recycling Services (MARS) butts head with an investor, who has become so impatient with the shipbreaking yard that he has gone to court to get his money back.

Last year, US investor Tom Clarke provided nearly DKK 20 million (USD 2.98 million) that MARS used to purchase two obsolete drilling rigs. The deal was to split the profit when they had been scrapped and sold on as scrap metal.

But barely a year after the last of the two rigs arrived at the yard in Frederikshavn, Denmark, work has still not commenced.

Thus, Clarke has taken MARS to court in the US, where he demands his millions be paid back, as he holds the deadline has passed, according to a plea that ShippingWatch has read.

MARS disagrees completely with the investor's version, pointing out that the dispute will not be a hindrance to the yard's opening.

Investor wants millions back from Danish shipyard

Kuehne+Nagel sees no obvious seafreight acquisitions

The main reason that Kuehne+Nagel has not yet joined competitors' acquisition hunt, is that it has not found any suitable candidates, says Detlef Trefzger, chief executive at the logistics firm, which is among the world's largest, in an interview with ShippingWatch.

"There is no reason not to do it in seafreight other than we have not found the right target yet," the logistics CEO tells ShippingWatch.

He also mentions that the company has no problems finding volume by itself, all without acquisitions.

Kuehne + Nagel still looking for acquisitions in sea freight 

Kuehne+Nagel continues to lift container volumes 

Kuehne+Nagel acquires Austrian transport company 

DFDS to grow through acquisitions in logistics

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Maersk Honam is resurrected under a new name

Vessel Maersk Honam once again enters the Maersk fleet.

Just over six months after the tragic fire aboard the container vessel, which cost five crew members their lives, it is just about ready to sail again.

It has also been renamed Maersk Halifax, writes analyst firm in its weekly newsletter.

Maersk Honam resurrects under a different name

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English Edit: Jonas Sahl Jørgensen