ShippingWatch

Blue Water Shipping wants to double its revenue

Growth is to be found in Scandinavia and outside Europe for the rapidly growing transports- and logistics company Blue Water Shipping, says Kim Hedegaard Sørensen to ShippingWatch after the first 100 days as CEO

From the otherwise ordinary office on the west side of Blue Water Shipping’s light, spacious, and glass-covered headquarters in Denmark’s offshore capital, Esbjerg, Kim Hedegaard Sørensen has a magnificent view from the edge of a port dock and out beyond, out across the North Sea. This is where Blue Water Shipping gets a big part of its rapidly growing revenue as logistics operator for customers in the growing oil-, gas-, and offshore windmill industries.

In the coming years, Kim Hedegaard Sørensen, whose background includes 17 years of schooling in A.P. Moeller-Maersk, Maersk Line, and logistics unit Damco, will need to look even further beyond the North Sea when eyeing Blue Water Shipping’s future growth markets. In particular, he’ll have to look out the other side of the company’s headquarters, East, toward Asia.

Read the whole article

Get 14 days free access.

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

Maersk Product Tankers expects 2022 to be "not an amazing year"

There’s no doubt that 2021 was a miserable year for the global tanker industry. But 2022 could end up strong, many parties say. Maersk Product Tankers is more doubtful. ”2022 won’t be an amazing year,” CEO Christian M. Ingerslev tells ShippingWatch.

Researcher criticizes TotalEnergies' fuel report

TotalEnergies ignores shipping’s climate adaptions in the company’s prognosis for shipping’s future fuel consumption, researcher says in criticism. Among other things, TotalEnergies supports LNG.

OOCL doubles revenue despite significant drop in volumes

Container line OOCL, owned by China’s Cosco, doubled its revenue in 2021, with the top line for Q4 alone surging by 101.4 percent, the carrier says. This major increase happens despite a dive in container liftings during the quarter.

Further reading

Related articles

Latest news

See all jobs