30/04/2014at 12:51

Semco Maritime sees slower growth

Following several years with significant growth rates, Semco Maritime came back down to earth in 2013 with a decline in revenue as well as profits. "Not satisfactory," says CEO Steen Brødbæk.

BY OLE ANDERSEN

Esbjerg-based Semco Maritime noted a decline in revenue as well as profits in 2013 due to a slower activity level in several of the company's markets.

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

Semco acquires Norwegian engineering firm
For subscribers
Semco: Statoil cost reduction efforts hit suppliers hard
For subscribers
Semco Maritime's order backlogs at historical high
For subscribers

Sign up for our newsletter

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

Front page now

Maersk CEO Vincent Clerc (left) and MSC CEO Søren Toft are following very different strategic directions. | Foto: Jacob Gronholt-pedersen/reuters/ritzau Scanpix og Jason Decrow/ap/ritzau Scanpix

Container

Maersk could be heading for a price war with MSC

After a profit of historic proportions in 2022, Maersk is facing a new reality this year, entailing a potential price war unleashed by the carrier’s partner in the disbanded 2M alliance, MSC, predicts Drewry.

For subscribers

Krisen på fragtmarkedet styrker DSV's position i forhold til rederierne: ”I og med at vi er en af de store aftagere af søfragt, har vi også et samarbejde med rederierne, som er strategisk og forankret i direktionen,” siger DSV's topchef, Jens Bjørn Andersen. | Foto: Lars Krabbe/Foto: Lars Krabbe/Ritzau Scanpix

Logistics

DSV to support box carriers that provided help during Covid chaos

For subscribers

Tanker

Countdown to clash over Euronav's board composition has begun

For subscribers

Maersk is heading for its second record profit, setting a new benchmark in Danish business history. | Foto: Jonas Walzberg/AP/Ritzau Scanpix

Container

Maersk on track to achieve record profit for second consecutive year

For subscribers

Offshore

Danish authorities suspending 23GW of offshore wind projects

For subscribers

Container

Maersk redirects traffic following earthquake

For subscribers

EU project aims to make marine fuels with green energy

A new international project intends to use surplus energy to produce ammonia fuel for ships.

For subscribers

Axel C. Eitzen and Eitzen Group acquire the majority stake of a Norwegian supplier of automation and energy systems for shipping. | Foto: PR

Suppliers

Eitzen Group buys Norwegian marine tech company

The group, which owns tanker carrier Christiania Shipping, has acquired the majority stake in Høglund Marine Solutions, which has systems installed on hundreds of ships.

For subscribers