Category: Transportation

A.P. Møller to acquire Maersk Tankers

A.P. Møller – Mærsk A/S [A.P. Moller – Maersk] has signed an agreement on 20 September to sell Maersk Tankers A/S [Maersk Tankers] to APMH Invest A/S, a subsidiary of A.P. Moller Holding A/S [A.P. Moller Holding] for USD 1,171 mill. in an all-cash transaction. The transaction entails a market upside provision regulating total payment…

Denmark to abolish ship registration fee

The Danish government proposes removing the ship registration fee on merchant ships to boost the growth of vessels waving the Danish flag. On 30 august 2017 the Danish government submitted its plan as part of its intensions to boost the Danish Economy. Moreover, the Danish shipping companies are pleased with this proposal. “Today, it can…

Swe ambassador, among others, tested Kuala Lumpur’s new MRT

A guided MRT ride for Foreign Ambassadors and High Commissioners to experience the newly-launched MRT and connectivity of Greater Kuala Lumpur was arranged on 9 August by InvestKL, in collaboration with Prasarana and TRX. Prasarana is the asset owner and operator of the country’s three LRT networks and the KL Monorail; in addition to the…

Volvo Car Manufacturing marks long-term commitment for its Malaysia plant

Into its fifty-first year Volvo Car Manufacturing in Kuala Lumpur, Malaysia is being rejuvenated. Restructuring is in full swing to increase its capacity and prepare for its new setup to become an assembly-only Volvo factory (the plant is already, since a few years ago, entirely focused on producing only the own Volvo brand.) ScandAsia visited…

Volvo Car Malaysia’s newest dealer in Penang

Volvo Car Malaysia on 7 July announced the appointment of its newest dealer, iRoll Auto Sdn Bhd, to better service its customers in the Northern Region of Peninsular Malaysia. The launch ceremony of iRoll’s 3S (Sales, Service & Spare Parts) centre was attended by Yang Berhormat Dato’ Ong Ka Chuan, Second Minister of International Trade…

Nevs presented InMotion Concept in Shanghai

Former Saab Automobile, Nevs, offering a global portfolio of fully electric premium cars, mobility solutions and sustainable city offerings, displayed the new InMotion Concept for the very first time at the technology show CES Asia in Shanghai. “This is not a normal car – it´s a vision on how we in the future can travel…

Maritime consultation meeting between Denmark and China

The Danish Maritime Authority and the Chinese Bureau of Water Transport held a maritime consultation meeting on Wednesday 14 June 2017.  The Danish Maritime Authority and the Chinese Bureau of Water Transport under the Chinese Ministry of Transport exchanged views on the two countries’ cooperation in the maritime field as well as on the general…

Singapore Airlines’ first flight to Stockholm

On Tuesday 30 May 2017, Singapore Airlines added Stockholm in Sweden to its route network. The first flight between Singapore and Sweden was celebrated at Changi Airport with Swedish meatballs and traditional ribbon-cutting. Operating five times a week from Singapore Changi Airport, SQ362 flies to Stockholm, via Moscow. The new route will complement Singapore Airlines’ existing…