In general, the A.P. Moller Group performed well in the first half of Cover: 1997, and expectations for the year as a whole are positive with an On 5 September 1997, Her Majesty Queen anticipated result somewhat above that of 1996. However, the result Margrethe named the world's largest con- may be considerably affected by major fluctuations in currency rates tainer vessel, SOVEREIGN MÆRSK, here and prices of shares and bonds, freight rates and oil prices, etc. seen after leaving Steel Shipyard. during the remainder of the year. Photo: Jørgen Kølle

Published by A.P. Møller, Copenhagen This is the essence of the Shipping Companies' report for the 1st half Editor: Hanne H. Clausen of 1997 published on 28 August. This is of course gratifying, and I Printers: Scanprint a-s should like to thank you all for your efforts. Layout: Kühnel MDD Copies: 13,600 Danish, 17,000 English The Shipping Activities improved during the first six months Local correspondents: compared to the corresponding period last year. The expansion THE AMERICAS: Tom Boyd continued with a number of new initiatives, including orders for AUSTRALIA: Maria Richards tankers, container vessels, car carriers and supply vessels, extended BANGLADESH: M. Shamimul Huq geographical coverage of Line's services and the implementa- BENELUX: Georges Caulier tion of several major projects in the offshore sector. FRANCE: Laurence Chollet GERMANY: Frank Gernert HONG KONG: Teresa Suen It is certainly also worth mentioning that in September 1997 the INDIA: Hoshang Vajifdar Lindø Shipyard delivered SOVEREIGN MÆRSK, named by Her INDONESIA: Kim Fejfer Majesty the Queen, a big sister to what were already the world's six JAPAN: Jesper Maajen largest container vessels. KOREA: Sean Lynch MALAYSIA: Loo Sook The Oil and Gas Activity in the North Sea likewise showed NIGERIA: Lucie Thompson improvement - considerable improvement - due to increased PHILIPPINES: Ruben S. Fajardo production and higher prices in Danish kroner. POLAND: Pavel Makuch PRC: Kaare Sand The strong US dollar has increased the US dollar debt, measured in SINGAPORE: Sonny Zin SPAIN: Javier Lopez Danish kroner. If the dollar stays at present level at year end, a TAIWAN: Alfred Guo considerable negative exchange rate adjustment will have to be made THAILAND: Chularack Voraviboonvate to the results of both the Shipping Activity and the Oil and Gas UNITED KINGDOM: Russell Harvey Activity.

MAERSK AIR: Marita Petersen The associated and other companies in the A.P. Moller/Maersk MÆRSK CONTAINER INDUSTRI: Allan Kehlet Rieck Group generally performed well and achieved a total result MÆRSK DATA: Peter H. Knudsen substantially above that of the first half of 1996. Many new PAPYRO-TEX: Peter Sørensen initiatives, major investments and acquisitions of companies con- MAERSK MEDICAL: Marianne Maltow tribute to our overall goal - profitable growth. ROSTI: Karin Nielsen ROULUNDS: Elsebeth Bastholm But we must continue our efforts - competition has increased, and THE YARD: Leo Jensen the need to reduce costs has not diminished. We must therefore DANSKSUPERMARKED: Flemming E. Honum constantly increase our efficiency but also take new initiatives that

Volume 36, No. 3 will improve, develop and expand our business. September 1997 ISSN 1395-9158 Reproduction permitted only after JESS SØDERBERG agreement with the editor. SOVEREIGN MÆRSK

On a beautiful and sunny the Yard, A. P. Møller and the late summer's day, Friday 5 vessel by being present on this September 1997, Her Majesty the day. The Queen has previously Queen of named Oden- named two Lindø vessels. First - se Steel Shipyard's newbuilding when heir apparent - the no 160. A.P. Møller's newest con- A.P. MØLLER in 1965 and in tainer vessel, which is the world's 1990 the container vessel yard's logo on one side and A.P. largest, was named SOVEREIGN MAJESTIC MÆRSK. Møllers on the other. MÆRSK. As a memento the Queen was pre- A large group of children from Shipowner and Managing Dir- sented with a gift by Mr Mærsk Munkebo and the employees of ector of Odense Steel Shipyard, Mc-Kinney Møller. Sovereign the Yard who followed the Kurt Andersen, welcomed the means monarch, but is also the naming ceremony from the quay royal couple and the guests for designation of a historic English made the day even more festive. the naming of a vessel which had gold coin. The gift was a 22 carat taken 201 working days to make. gold bracelet mounted with gold The guests at the naming The vessel's cargo carrying capa- coins. In the middle is a Sovereign witnessed the departure of city was described to the royal struck in 1887 on the occasion SOVEREIGN MÆRSK before guests of honour as a line of con- of Queen Victoria's 50th anni- they left the Yard. After trials in tainers from Amalienborg Palace versary as sovereign. To the left the Skagerrak the newbuilding to Fredensborg Palace and half- of this is a double Christian d'or called at Århus where the vessel way back again. from 1869 portraying the Danish was visited by the public. Then King Christian IX, and to the SOVEREIGN MÆRSK - under Shipowner Mærsk Mc-Kinney right a French Louis d'or from the command of Captain Henrik Møller gave a speech to Her 1653 of the Sun King, Louis Solmer and with Lars Munch Majesty the Queen and His Royal XIV. The Prince was presented Nielsen as Chief Engineer - Highness Prince Henrik. Mr with a memento in the form of a started on its first journey in Møller expressed his gratitude specially made pair of gold cuff- 's service between that the royal couple honoured links with the Odense Steel Ship- Europe and the Far East.

Her Majesty Qtieen Margrethe with Marsk Mc-Kinney Møller and Kurt Andersen. I ifi °n 4 July 1997 it was 25 I mBt years since A. P. Møller and for its partners in Dansk Under- grunds Consortium (DUC) be- c gan Danish oil production from o the Dan Field. Even though ex- > pectations as regards the volume of production were modest in 25 years 1972 compared to DUC's pre- sent production, the production start was an important milestone in the history of A. P. Møller and the Danish oil.

This story started 10 years earlier when, for national reasons, Ship- owner A. P. Møller applied - and in 1962 was granted - a conces- sion for oil exploration in Den- mark. That year DUC and the present Mærsk Olie og Gas AS (then Dansk Boreselskab A/S) were established. In 1963 the con- cession was extended to include Prince He?irik mid the Danish part of the North Marsk Mc-Kinney Sea. The foundation for the oil Møller at the oil business was laid, but the road to inauguration in 1972. success was going to be long. Due to a dispute between Den- finds in the North Sea after the work, DUC was able to com- mark and Germany about the Danish-German border dispute mence oil production from the delimitation of the shelf area, was settled. Ar this time, it was Dan Field on 4 July 1972 - four DUC was prevented from work- planned to initiate production days before the original explora- ing on the North Sea finds in the from the field later known as tion period expired. period from 1969 to 1971. As Kraka, which had been dis- the continuation of the conces- covered in 1966 (and then given Then - as now - the day was not sion depended on DUC being in the name Anne). The potential especially celebrated. But the production before the end of the of the field was estimated at satisfaction with the results exploration period on 8 July 200,000 tonnes of oil per year. achieved found expression on 1 1972, the situation was serious. Work on the field's production August 1972 when m.t. MARIE Consequently, referring to the equipment had been started MÆRSK brought the first force majeure provisions of the when a few months later DUC Danish oil ashore at the Gulf Sole Concession, the concession- discovered the Dan and Gorm refinery at Stigsnæs. This event, aires applied for a prolongation fields. Dan held the previously which promised well for the of the exploration period. It was thickest oil/gas zone shown in future, was a festive day. granted - two years - but only the Danish area. As a starting after a great deal of political point, annual production was However, the optimism only trouble, which in fact marked estimated at around 500,000 lasted a short time. Certainly, the beginning of the ten-year tonnes of oil and, therefore, there was oil, but the "tight" concession dispute between A. P. DUC decided to concentrate on Danish chalk proved a very Møller and the Danish state Dan rather than Kraka. difficult adversary. Oil recovery which followed. from Dan did not live up to The platforms originally in- expectations. While the political discussion tended for Kraka were installed about the extension of the ex- at Dan. The work was initiated In 1975, A. P. Møller, via Mærsk ploration period was in progress, in August 1971 and, after Olie og Gas, took on the task of DUC was able to return to the considerable investments and operator for the Dan Field. Thus

23 began a long and hard struggle the introduction of water in- cubic metres of gas in 1997. This to find the best suited recovery jection, horizontal wells and the will correspond to approxim- methods for the oil in Dan's stub- STAR platform. It required con- ately 130% of Denmark's con- born chalk reservoir. siderable billion Kroner invest- sumption of these raw materials. ments to implement the ideas, Despite extensions to the pro- but it has also given positive re- After the State considerably re- duction apparatus, the recovery sults. duced A. P. Møllers concession ratio remained a modest 7% of area at the beginning of the the accumulation, when oil Now, DUC expects to be able to 1980s, other oil companies have prices dropped dramatically in recover up to 25% of the accu- also been granted licences to 1985/86. On the basis of the mulation in the Dan Field which, operate in the Danish North experience gained from the Dan with an annual production of Sea. However, DUC is still the development as well as the con- some 3 million tonnes of oil, only producer of Danish oil and struction of the Gorm, Skjold, holds a key position in Danish gas. Considering the results Tyra and Rolf fields, however, energy supply. Since 1991, achieved, the 25th anniversary Mærsk Olie og Gas was ready to DUC has been able to supply of the start of production is an take on the challenge. more oil and gas than Denmark extra reason to wave the flag and can consume. In total, DUC's 12 believe that the story of A.P. The means was the concept of North Sea fields are expected to Møller and Danish oil has many gradual development, maximum supply some 11 million tonnes chapters to its credit. use of existing installations and of oil and more than 7 billion

A.P. Møller and the Danish oil

The book "A.P. Møller og den narrative of how A.P. Møller Director of the Fisheries and danske olie" was published by succeeded in making Denmark Maritime Museum, Sea Water Schultz on 12 September 1997. self-sufficient with the oil and Aquarium in Esbjerg and from It tells the story of A.P. Møllers gas which no one in 1960 1994 a Research Lecturer at the Danish oil quest which, despite believed to be present in the Centre of Martime and Regional Morten great technical challenges and Danish subsoil. History. Hah 7j-Pedersen political opposition, became one of the greatest successes of The author of the book is Danish industry in the present Morten Hahn-Pedersen, MA. time. The result is an exciting Since 1988 he has been the

23

Signing the Cable & Wireless Nautic agreement, kft to right: Mr David Sexton, CEO, and Mr Stephen Pettit, Managing Director, C&W, Mr Jess Søderberg, CEO and Partner of A. P. Møller and Mr Steeti H. Knudsen, Managing Director of Marsk Data.

Group employs approximately 37,000 people worldwide.

By combining Cable & Wireless' geographic reach and global network expertise with Mærsk Data's success in developing ad- vanced shipping operations sys- tems, the two owners have created a winner, Cable & Wire- less Nautec Ltd. With recent clearance from the European Commission, the new company has commenced business.

Cable & Wireless Nautec Ltd. Based in Guildford, England, Cable & Wireless Nautec pro- vides communications-based ap- plications and services to the IAL container transportation indu- stry. Its service portfolio consists ot managed network services, messaging and electronic com- alliance merce, application solutions, dis- tributed systems development and support, and consultancy. i BBSS Mærsk Data's strategy is In Cable & Wireless Pic., Mærsk The company pools the talents 1 (Hi based on growth. An im- Data has found a perfect alliance of IT, telecommunications and v portant part of this strategy is partner for providing products transportation experts from both S implemented through the co- and services to the container Mærsk Data and Cable & Wire- S. operation with other companies transportation industry. less to form a specialist organisa- m and through acquisitions. The tion that will deliver fully in- criterion for selecting alliance Cable & Wireless Pic. is one of tegrated advanced data systems partners is their ability to help to the world's leading international and global communications ser- provide the best possible service telecommunications companies. vices. at the lowest possible cost in the It has operations in over 50 shortest period of time. This countries on five continents. For implementation and on- competitive advantage will be The operations are centred going service delivery, Cable & used to ensure the necessary around three regional hubs, Wireless Nautec will position growth, which again will improve Asia, the Caribbean and North staff in Europe, Asia and the US or maintain competitiveness. America, and Europe. The to meet the customers' require-

23 The soil recovery units are installed in 40' containers, which makes them easy to transport.

ments, as well as acting through the owners and their associated companies, including Cable & Wireless regional businesses and Mærsk Data.

Through its parent companies Cable & Wireless Nautec has been providing tailored services to the container transportation industry for at least 20 years. The Cable & Wireless Nautec Soil Recovery team is therefore taking a fo- cused and disciplined approach The discharge of oil based material per hour and can ac- to the new business. Research cuttings is becoming an en- commodate the needs of several and customer contact indicate vironmental concern in many simultaneous drilling operations. that customers want specialists drilling operations. The soil re- who understand their business covery unit provides an environ- The first soil recovery unit went and market. mentally friendly solution to to work for Shell Venezuela by these concerns. Lake Maracaibo on 1 May 1997 Future Plans and will be working there for at The long term goal for Cable & In the unit, oil based mud cut- least seven years. This was the Wireless Nautec is to become tings are distilled and separated first unit to start operating in the the first choice supplier of IT into recovered oil, water and partnership entered into in 1996 and telecommunications services solids with a negligible content between Maersk Contractors to the container transportation of oil (less than 0.05%). The and Soil Recovery AS, a sub- industry with a market share process is a low-temperature dis- sidiary of Kommunekemi a/s of exceeding 35%. The initial focus tillation, enabling the oil to be Denmark. will be on the international ship- recovered without changing its ping market. In the long term, chemical characteristics. This Two more soil recovery units will the objective is to address the means that expensive lube oil start operating in the southern broader requirements of the can be reused in drilling opera- part of Venezuela later this year. logistics supply-chain manage- tions. The solids can be used in These soil recovery units are part ment and other components of the building industry, e.g. as a of a "package deal" with the the intermodal freight transport impermeable clay covering layer state-owned oil company Cor- sector. in landfills. poven, which also includes the operation of six land rigs, two Over the next five years, Cable The plants come in 40' con- owned by Maersk and four by & Wireless Nautec will employ tainers and this makes them Corpoven. The contract runs for approximately 200 people world- highly mobile. The system has a a period of minimum three wide. capacity of 2.5 tonnes of input years.

23 A LIFE AT SEA

"Tis ease to read an ocean quirement of around 15 metres. school. His father was from a chart but not to steer a One moment's inattention or fisherman's family but the fact vessel". failing machine power will al- that his mother is from the most inevitably cause the large island of Omø was particularly Even the Danish writer Holberg heavy vessel to leave the narrow important. He spent his child- understood the responsibility of fairway and run aground. This is hood holidays on Omø, and the being a sailor, or so it appears every sailor's nightmare! boy's imagination was captured from the quotation from 'The by the many great merchant Political Tinker', which was Within the piers, the vessel has vessels he saw steaming through written in 1722. It is just as true to swing before the hawsers can the Great Belt. today, especially when Captain be taken to shore. This also re- Jens Chr. Christiansen takes up quires composure and overview Jens Chr. Christiansen started in his station on the bridge of to ensure a professional working A.P. Møller as an officer's ap- MARCHEN MÆRSK, a mod- environment on the bridge, on prentice in 1969, and ever since ern container vessel the bow and on the stern. Here he has been employed with A.P. delivered in 1988 as the first in a the First and Second Officers are Møller, only interrupted by two series of 12 vessels from Odense responsible for the warp to the years' education as a naval lieu- Steel Shipyard. accompanying tugs and later to tenant. The ambition of his edu- the hawsermen on the quay The cation and boyhood dreams was He takes his station on the bridge impressed spectator's praise of achieved in the autumn of 1996, as part of the daily routine when the effort is somewhat shyly when the fourth gold stripe was MARCHEN MÆRSK sails be- dismissed by the Master. He re- sown on his uniform jacket and tween ports of call on the Trans- fers to the pilot who came on the title Captain was added to atlantic/Pacific service, super- board at the approach buoy. He his business card. vised by one of the three Deck adds: "We almost always get Officers, and with the Engineer good and co-operative pilots on "During my years at sea I have on duty watching over the board. They like to service the seen considerable development 60,000 hp machinery, which Mærsk vessels, where everything even, and not least, in human produces a speed of approxim- works." relations. At the same time as the ately 25 knots, or 46 km/hour. vessels have become more tech- And it is true that anyone who nological and the crews smaller, Responsibility and knowledge has been on the vessel from the character of the sailors has are also obvious requirements Newark to Oakland through also changed. The time when when the great vessel makes seven ports and the Panama real eccentrics were at sea is past Miami in the darkness of night Canal, cannot help but notice history now. Today we have to be and fresh weather with a trans- that all pilots, tugs and others content with amusing ourselves verse set of the current of 3.5 servicing the "easy blue fleet" with the many stories and anec- knots. The route from the ap- have a pronounced and un- dotes - some personally ex- proach buoy to the container reserved respect for, in a pilot's perienced - which these sailors terminal passes through the fair- words, a performance which is from another time gave rise to." way, which is about 13.0 metres always second to none. wide and four miles long and "Now, first of all, I see the job of which has been partly dredged It was no coincidence that the Captain as the mediator - co- and partly blasted through a now 45-year-old Captain Jens ordinator - on board. Since the coral reef. The fairway is deep Chr. Christiansen decided to radio officer's position was enough for MARCHEN's re- become a sailor when he left abolished, the Captain's adminis-

2105 trative work has increased And when the bridge of significantly. This, and the com- MARCHEN is changed for munication with A.P. Møller the house in Vester Åby in and agents, fill out my working beautiful , the at- day when I also have to keep up traction - in addition with the navigation. Another to family and heavy task is studying new sets of friends - is the rules from national and inter- garden where national governmental bodies engine power and organisations. Finally, I see and chem- myself as responsible for a good icals are social life on the vessel, some- banned! times also as an adviser in more And personal relations." during winter "They have been - and are - lovely when the years at sea", Captain Christian- weather sen concludes in answer to the conditions question of whether he has had even in pleas- the life he wished for as a young ant Funen make apprentice. "I have experienced gardening impos- a lot of different things." Thus sible, Captain Christian- he remembers the treat it was sen builds ship's models. when in 1996 he was First Thus an exact replica on Officer on board KNUD the scale of 1:250 of MAR- MÆRSK and took part in pre- CHEN MÆRSK is awaiting senting the vessel in Copen- its trials. hagen. But of course his family has suffered, particularly in the The answer to the final early years. "The signing-on question for Jens Chr. Chris- period was then more than twice tiansen, "What does it mean as long as today when we are out to you to be employed by approximately two and a half A.P. Møller?" is given after months and home one and a half some consideration and months". "The children" with an unmistakably Charlotte, 23, and Anders, 19, - Funen dialect. It is clear "could change quite a lot in half that many answers have a year!" Jens Chr. Christiansen been considered: "My thinks back gladly to the ad- mother is more - no - ventures he and his wife Lissi, just as proud as I and sometimes the two children, am!" had when the family was allowed to sail with the vessel - "a very important piece in the jigsaw a sailor's life sometimes is." the land divided the world united

The Maersk office in Panama is located in the Boston Bank Building.

This is an old slogan from and silver from Peru going to committed itself to building a the Panama Canal Com- Spain. This activity attracted canal across the Isthmus, and pany. Actually the word plenty of pirates and explorers therefore quickly recognized the "PANAMA" originates from an like Henry Morgan and Francis new government of Panama. To- Indian language and means Drake who raided ports used for day, Panama is a democracy with "abundance of fish". Panama is transshipping the valuable free elections. well-known for its riches when it metals. Revolutions for inde- comes to seafood, for commercial pendence from Spain in many Climate and population fishing as well as sports fishing. South American colonies led Situated close to the Equator, Panama to become a part of Panama has a tropical climate The Spaniards arrived in Panama Gran Colombia in 1821. with day temperatures in the in 1502 when Columbus first 90°s F, whereas in the night it sailed into Panamanian waters. After many unsuccessful at- cools to around 80° F. It never Vasco Nunez de Balboa was the tempts to free itself from gets cold, at least not at sea level. first to cross the Isthmus in Colombia, Panama finally suc- There is no winter, but a dry and 1513. In the following years ceeded in 1903, rebels gaining a rainy season. Rain is scarce in Panama became an important independence aided by the US the first quarter, but plentiful transshipment point for gold Navy. At that time USA had the rest of the year.

23 There are about 2.8 million in- FFE per year move into the free created a special agency to habitants of Panama, of which trade zone, and almost 95% are handle the redelivery, and plans an estimated 750,000 live in the subsequently re-exported to are being considered as to what capital, Panama City. The ethnic other Latin American countries. to do with the areas, some of background of the population is Development plans include new which are prime real estate areas. diverse. Over the past 400 years, terminals in Balboa - expected to people from all over the world be operational in October 1997 Historical review of the canal have come to Panama. Many - and in Cristobal plus the re- The first attempt to build the came in connection with the building of the railway between Panama Canal was made by a building of the Panama Canal, Panama City and Colon. French consortium headed by and although they were expected Ferdinand de Lesseps, the builder to leave upon completion of the Looking forward to a new era of the Suez Canal. The French project, many never did. The big date Panama is looking project called for the building of forward to is 31 December 1999. a sea level canal, and it started in Panama is home to the largest At noon that day the Panama 1880. After battling against the free trade zone outside Asia loc- Canal will revert to Panama, and geography and tropical diseases ated in Colon on the Atlantic USA will officially redeliver all for nine years, the French gave coast of Panama. About 30,000 military bases. Panama has up and left the project dead. The

23 PANAMA

USA took interest in the canal marks in the locks so the canal plans and, after assisting Panama pilots know when to stop the in gaining its independence in vessel before it gets too close to MAYVIEW 1903, bought the project from the locks. The vessel is so close to MÆRSK in the French in 1904. The the side of the locks that you can the Canal. Americans entered into a treaty reach over the side of the vessel with Panama, and restarted the and touch the side of the locks. construction of the canal. Con- trary to the French project, the The Canal employs about 8,000 American project utilized the people of which 90% are Pana- Chagres river, built two dams to manian. In shipping circles there create Gatun Lake in the middle is some concern whether the of the country and blasted canal will be operated as effici- through the continental divide ently when Panama takes over at to the Pacific side. Locks were the end of 1999. Maersk Pana- built on both sides of the Isth- ma, however, feels confident mus to raise and lower the canal that the operation will keep run- 85 feet, so vessels can sail through ning as smoothly as it does to- Gatun Lake to the other side. day. Contributing to getting the pro- ject finished this time, was that In 1997, Maersk Panama will the Americans managed to bring handle over 200 Maersk vessel the yellow fever and malaria transits. Other Maersk vessels will under control. also transit the canal, handled by their charterers' agency. The After ten years, with the labour canal dues for an M-type vessel of more than 75,000 men and are now USD 130,000 per tran- women and costs of almost USD sit. In 1997, Maersk will pay more 400 million, the project was than USD 16 million, which completed and the canal opened makes Maersk the largest user of for traffic on 15 August 1914. the Panama Canal, measured in Since then, more than 700,000 USD. vessels have transitted the canal. Maersk office from 1993 Today the Panama Canal re- Until 4 January 1993 when mains more or less the same as Maersk Panama officially opened, when it was finished in 1914. Maersk had been represented in There are no pumps in the locks, Panama by C.B. Fenton. The the entire water supply to oper- Maersk agency in Panama has ate the canal comes from rain- grown to employ 35 people, water, of which Panama gets with offices both in Panama City plenty during the year. With an and Manzanillo. In 1996 Maersk average of about 40 transits, the started its own trucking com- Panama Canal uses two billion pany in Panama, Bridge Inter- gallons of water a day. modal Transport.

The most important user Maersk Panama looks forward to Today, the Maersk Line M-type being a major transshipment vessels are the largest vessels hub for Maersk Line in the Latin transitting the canal, in fact they American markets, as the ports are so large that the canal found continue to develop in the com- it necessary to create special ing years.

23 The 2,600 m2 building includes production, warehouse and workshops.

In the middle of Zealand As time went on, the premises and who has great experience of lies the town of Osted, became too small, and when the inaugurating "newbuildings". hardly known to many Danes, opportunity arose to buy the but becoming increasingly im- neighbouring property, it was In his speech, Kurt Andersen portant to Maersk Medical be- decided to build a new admin- said that "Osted has become one cause it is the home of its new istration and factory building in of today's global villages. It is factory for production of a Osted. alive because good, competitive special type of catheters. products can be produced and The employees in Osted were well sold to the export markets. And More than 15 years ago, Maersk motivated and, as the working of course we are happy that we Medical bought a company in environment was very good, the can put a Danish flag on the pro- Osted which had four employees. management of Maersk Medical duct". Since then, the number of staff wanted to make an extra effort to has grown to 150. The original maintain jobs in Denmark, espe- The building covers 2,600 mJ building has been extended and cially at a time when many and emphasises functionality. modernised in several steps and Danish companies were starting The equipment is ergonomically new products have been devel- production in other countries correctly designed and adapted oped which have been success- with lower labour costs. to the job and needs of the Partner Kurt fully marketed in the export individual employee. The envir- Andersen formally markets. Last year, one of the The building was ready in June. onment was also taken into con- products received the Confedera- The inauguration was performed sideration, as recycled heating new factory at tion of Danish Industries' exclus- by Partner Kurt Andersen, who from air changes during pro- Osted. ive product award. is responsible for the A. P. Moller duction is used for heating the Group's industrial companies store room.

2106 During MÆRSK DEFENDER'S stay in Copenhagen in August about 350 km cable ivere loaded. The vessel can carry 6,000 tons of cable in its two large and two srnaller cable tanks which, depending on the thickness of the cable, corresponds to aroimd3,000 km.

In August 1997 the cable for the cable-laying special, but laying in the Baltic between laying vessel MÆRSK the arrangement of the vessel's Bornholm and Poland, Falster DEFENDER called at the port interior also differs from the and Sweden, replacement of a of Copenhagen to load 350 km "normal" supply vessels. There is fibre optic cable between Den- cable. The vessel could be seen accomodation for 57, but norm- mark and Norway and now the establishment of a cable con- from the head office at Esplana- ally there are about 40 people on nection from England to the den and obviously received board including the 12 Mærsk Netherlands and from England many visitors during its six days' crew. The joint facilities include to Belgium. Future jobs include stay in port. a cinema with a large screen a 13 km long cable from Fåborg seating 30 people, a well- to Søby and one of 1,350 m MÆRSK DEFENDER was equipped exercise room and across the Little Belt in Den- developed in co-operation with several other day rooms. Art on mark. In between there has been Tele Denmark, who took the the walls and advanced music time for a three months' time vessel on five years time charter systems make the stay pleasant. charter to McDermott Inter- after delivery in November national. 1996. Not only is the equipment Tasks so far have included cable-

2104 MAERSK CURLEW

From the naming ceremony, The naming ceremony of people, Mrs Fay unveiled a left to right: Per Stæhr, Maersk the Floating Production naming plaque which will be Contractors, Juan Kelly, Chairman Storage and Offloading vessel mounted on the FPSO once the of The Maersk Company Limited, (FPSO), MAERSK CURLEW conversion at the AMEC Yard in the sponsor, Mrs Fay, Thomas Thune (former MAERSK DORSET), Newcastle, England, is complete. Andersen, The Maersk Company marked another milestone in the Limited, and Dr Christopher Fay. Curlew project. Upon completion MAERSK CURLEW will depart for the MAERSK CURLEW was Curlew field in the UK sector of named on 17 June 1997 by Mrs the North Sea. The contract Jennifer Fay, wife of Dr with Shell UK is for an initial Christopher Fay, Chairman of four-year period but with an Shell UK Exploration and Pro- expected contract duration and duction. At a ceremony which field life of six to eight years. was attended by over 120

MAERSK INTERNATIONAL Shipping Education

On the 2nd May 1997, the Mr Jess Søderberg delivered a trainee group that started speech and congratulated the their education in 1994 gradu- trainees on their graduation. ated. The group consisted of trainees from 27 different countries, thus being truly inter- national.

23 Royal visit to Bangkok

ill During HRH Crown Prince Frederiks official visit to Thai- land in May 1997, Maersk Bangkok Branch hosted an in- formal lunch on board MAERSK SIAM in honour of the Danish Crown Prince. The lunch was attended by representatives from the Danish Embassy, Danish Industry and the Thai-Danish Chamber of Commerce.

The lunch was one of the very few occasions the Crown Prince had away from intensive media coverage and offered a perfect setting for a brief and informal presentation of Maersk Bangkok President Clinton Branch's activities. visits Denmark

Ü President William J. Clinton This picture was taken at paid an official visit to Denmark Saturday's official lunch at the on 11-12 July 1997. The Palace where President Clinton President was received by Her and Queen Margrethe greet Majesty Queen Margrethe and Shipowner Mærsk Mc-Kinney the Royal Family at Fredensborg Møller, who was one of the Palace. guests.

Visit to Norfolk Line

and was shown the various activities. Mr Møller also visited MAERSK IMPORTER, one of Norfolk Line's two new vessels which were introduced last year on the ferry route between Scheveningen and Felixstowe. CD During a tour of the terminal 5 H Norfolk Line was honoured Mr Møller visited the head office and the workshop, the new fully d by a visit from Mr Mærsk Mc- of Norfolk Line in Scheve- automated Video Checking Sys- £ Kinney Møller on 29 May 1997. ningen, where he met the staff tem was demonstrated.

23 South Africa

3 1 997 will be remembered as the year Maersk Line placed Southern Africa on its global map. Today Maersk Line is a vessel operator in most major trade lanes with offices in Johannesburg, Durban, Port Elizabeth, East London, Cape Town, Walvis Bay and Beira and own representatives in Harare, Luanda and Port Louis.

In February, CORNELIA MÆRSK sailed into Durban har- The first two Boeing 737-700 aircraftfor Maersk Air on the assembly line in Seattle. bour, inaugurating the two- weekly Europe service calling at First for MAERSK AIR Durban, Cape Town and Walvis The two-iveekly • Boeing has developed the launching customer for Boeing's service to Europe next generation of 737 aircraft, new aircraft models. With the was inaugurated designated 737-700. It is the new 737-700 Maersk Air is also by CORNELIA same size as the Boeing 737-300 the launching customer, and MÆRSK. but consumes less fuel, has a Maersk Air will be the first air- reduced noise level, pollutes less, line in Europe with this type of is faster, has a longer cruising aircraft. Maersk Air has ordered range, higher flying altitude and 12 aircraft of this model, and the lower maintenance costs. first two aircraft will be de- livered in November this year. Bay. Not two months later this Maersk Air has previously been a service became weekly and East London was added to the vessel rotation. The service has since been further upgraded to in- Strangers in Rotterdam clude direct calls at Lisbon, Luanda and Port Elizabeth. In I From the Maersk Benelux Rotterdam. We should like to May Maersk Line further correspondent, Georges Caulier, share the magnificent view of strengthened its position in the Mærsk Post has received the them upon arrival and departure Far East-South Africa trade by following: from the port. Oh yes, all the becoming a vessel provider in stars on the reefer containers the GHEX Consortium, provid- During the busy month of July were mounted the correct way! ing MAERSK CAPE TOWN, we handled two strangers in which also makes a weekly service possible for the Far East- South America trade. In June, the East Africa Service covering Jebel Ali, Mombasa, Dar es Salaam and Colombo was up- graded to include Durban and Beira, serving East Africa and the Middle East on a fixed day, two-weekly basis and a feeder ANNA-LINA discharged 175 brand new SAVONIAN REEFER called Rotterdam service between Durban and reefer containers in Rotterdam on 4 and on 3 July 1997to load 127 empty reefer Mauritius was established for cus- 5 July 1997. containers for Miami. tomers in the garment industry.

23 Partenariat 1997

• More than 10,000 visitors attended the Partenariat '97 in Casablanca, Morocco. The fair, which is considered the most important in the fishing industry Left to right: Mr Anibal Ochoa, Cartagena Port Society, in Morocco, is organised by The Champions Airs and Mr Ronderos, Mr Arne OLsen, Mrs Rizo, Mr Jose Moroccan Fishing Ministry and Henrique Rizo, Minister of Transport, representatives from. the European Union (EU). More SI A nation-wide 5-a-side foot- the Mayor's office, the Navy and the State Government and than 100 Moroccan and 300 ball tournament was recently or- Mr Alfonso Salas, Cartagena Port Society. European companies conducted ganised by the National Trade workshops and attended sem- Union Congress (NTUC) for inars related to the fishing in- unions and companies in Singa- Celebration dustry, which is one of Morocco's pore. A total of 38 teams prime income sources. participated and Maersk Singa- • On 17 June 1997 the Port pore qualified for the finals in Society of the city of Cartagena Maersk Line's stand started out- May 1997 when the Maersk in Colombia celebrated Maersk side the exhibition area where team met Singapore Airline Line's weekly service between two brand new 40' high cube Terminal Services (SATS). southern Florida and Colombia's reefer containers were placed by north coast at a social event. the main entrance. Inside the A large turnout of management Many dignitaries from the exhibition area a third reefer and union staff generated tre- Government attended this cele- container formed an impressive mendous crowd support and an bration, including the Minister meeting point tor customers. electrifying atmosphere through- of Foreign Trade Carlos out the entire game. The men Ronderos and his wife. Also Key staff and management were fought well but in the early present were management from well represented giving second- stages of the match SATS scored the Maersk Cartagena office. to-none treatment to the many a goal. However, with the fight- visitors paying interest in the ing spirit that had been dis- At the event, Mr Arne Olsen, Maersk stand and products - not played throughout the tourna- General Manager of Maersk to forget enjoying a cool mo- ment, Maersk came back strongly Colombia S.A., was presented ment in the hot Moroccan and was rewarded with four with the keys of the city and a summeri-!i goals to end the match with a plaque from the State Govern- respectable scoreline of 4-1 and ment and a plaque from the Port be crowned worthy champions. Society in recognition of Maersk's Certain parts of the match were contribution to the development shown on national television of Colombian foreign trade. and featured in the local news- papers and union newsletters. The service consists of two new vessels, MAERSK CARTAGENA For the record, a total ot ten and MAERSK MARACAIBO, matches were played with Maersk each with a 400 teu capacity. as the only unbeaten team in the These vessels call at the ports of entire series with a proud track Cartagena and Barranquilla in record of nine wins and a draw. Colombia and Puerto Cabello The triumph is another of the and Maracaibo in Venezuela. football team's achievements in This service is one of the fastest maintaining the winning streak in the trade with a transit time of Mrs Emma Bonino, EU Fishing of last year, when it also won the four days from Miami to Minister, and Mr El Mostafa Sahel, division 1 tournament organised Cartagena and five days from Fishing Minister of Morocco, honouring by the Port of Singapore Author- Miami to Barranquilla. Maersk Line by visiting the stand. ity.

23 Team mmz&Mgfasx A TOUR mffrnms* mtttmgftifc&sü Magic ,'mxa. zrmw wtm . Äs* •*-*" mail

S That is precisely what the • Christmas mail for crew staff of Maersk New Zealand members on board vessels in the Limited had in mind when they Mærsk fleet should be sent to embarked on a 280 kilometre drive to Lake Taupo one April A.P. MØLLER weekend this year. With high Esplanaden 50 spirits, the young team - both in 1098 Copenhagen K terms of age and years with the MAERSK global Maersk organisation - set not later than 12 November out on their first "time-out" to- 1997 for parcels, and not later gether since A.P. Møller entered behind than 1 December 1997 for letters. the New Zealand shipping scene in November 1996. China tour Mail should be CLEARLY addressed and state In the unspoilt beauty of New • In May this year, the Greek- •The recipient's full name and Zealand's largest lake, the spirit born composer and musician occupation of camaraderie was fostered Yanni and his orchestra per- • The name of the vessel through a myriad of team activ- formed a long-prepared China • The name and address of the ities both indoors and outdoors. rour. Yanni, who composes con- sender. temporary instrumental music, Bidding farewell the next day and his 45-member band are Parcels should be stamped only was difficult for everyone. The well known for their live con- for Denmark. The sender will be team spirit, crucial and prevalent certs at historic sites around the informed later of how much the in white-water rafting, rope and world. further forwarding costs were, rock climbing, was still fresh in and will be asked to reimburse the minds of the participants. "It has been a dream of mine to these. "Taupo '97" as it is now fondly visit China and present my music. termed, will remain a much Now the dream has come true", It is advisable NOT to send talked-about event for a long Yanni said to the press on his fragile or valuable articles or time to come. More significantly, arrival to Beijing. The most ex- foodstuffs. As the distances are this experience has reinforced citing concert was held at the often considerable, small light the team's corporate strength. Forbidden City and transmitted packages are recommended. by television to an estimated 250 million Chinese viewers. For further information, Riding on the Huka jet, the staff of A.P. MØLLER Maersk New Zealand is set to chart new Maersk Line helped Yanni make POSTAL SERVICE luaters. his dream come true by trans- tel. +45 33 63 30 11. porting the more than 260 tons of necessary equipment in six 40' and 17 20' containers from Longbeach in the USA and Jahwalla Nehru in India to Xingang (Tianjin, North China).

All employees from the Maersk Tianjin and Beijing offices were invited to one of: Yanni's per- formances in Beijing and every- one was proud to have con- tributed to the realisation of this cultural event. Personalia

Esplanaden Mærsk Olie og Gas

40 Years 40 Years 25 Years 25 Years 25 Years Retiring Anniversary Anniversary Anniversary Anniversary Anniversary John Douglas Peter Kristian Helmut Kunze Hans Dorph Bende Køhler- Morten Rye Nielsen Pø^ørggri Johansen 23 October 1997 1 October 1997 Christensen 18 September 1997 30 November 1997 1 October 1997 15 November 1997

The Fleet Maersk Medical

40 Years 40 Years 40 Years 25 Years 25 Years 25 Years 25 Years 25 Years Anniversary Anniversary Anniversary Anniversary Anniversary Anniversary Anniversary Anniversary Chief Engineer Chief Engineer Chief Steward Captain George Towmaster Chief Officer Repair Man Mitra Petraskovic Bent Mogens Aage Sams Kristian W. Mathews Claus Schiller Aksel Viggo Jørn Kjærgard 9 October 1997 Christiansen 4 November 1997 Kristensen A.P Moller 9 November 1997 Pedersen 30 October 1997 11 October 1997 27 November 1997 Singapore Pte. Ltd. 4 October 1997 1 april 1997

25 Years 25 Years Retiring Retiring Retiring Retiring Retiring 25 Years Anniversary Anniversary First Engineer Jan Chief Engineer Jørn Captain Captain Henning Chief Steward Anniversary Ship's Assistant Chief Engineer Hansen Kølbæk Max Holger Jensen Bonnevie Flemming Bent Larsen Heinrich Christian Carsten 15 June 1997 15 June 1997 30 June 1997 31 August 1997 Pedersen 23 November 1997 Jespersen Rasmussen 15 September 1997 2 November 1997 20 November 1997

Retiring Retiring Retiring Retiring Retiring Retiring Retiring 25 Years Chief Engineer Chief Steward Radio Operator Captain Leif Chief Officer Captain John Hans First Engineer Anniversary Hans Pauli Erik Nissen Larsen Mogens Bispelund Robenhagen Aksel Viggo Hansen Elias Hjørleif Betty Ohlrich Danielsen 16 October 1997 Knudsen Jensen Pedersen 30 November 1997 Johansen 15 November 1997 30 September 1997 31 October 1997 31 October 1997 31 October 1997 30 November 1997

Abroad n

40 Years 25 Years Retiring Retiring Retiring Retiring Retiring Anniversary Anniversary Ho Kar Hong Chan Wing Hang Mohamed Hamzah Lau Yau Tseung Ma Tai Fook Maersk Malaysia Kjeld Schaumann Munechika Shiba Maersk Hong Kong Brigantine Hong 30 September 1997 Maersk Hong Kong Maersk Hong Kong Johansen Nagoya 30 August 1997 Kong 24 October 1997 6 November 1997 Chile 15 November 1997 25 September 1997 1 November 1997

23 Maersk Air Obituary

The A. P. Moller Group is sorry to announce the following deaths:

Dennis Johnson The Maersk Company Limited 18 March 1997

25 Years 25 Years 25 Years 25 Years 25 Years 25 Years Richard D. Anniversary Anniversary Anniversary Anniversary Anniversary Anniversary Patterson Lajla Cruddis Bent Larsen Henrik Grip A. Flemming Klaus Truelsen Erik Kyster Maersk Inc. 3 October 1997 9 October 1997 10 October 1997 Søgaard 1 November 1997 Sørensen Atlanta 16 October 1997 1 December 1997 16 June 1997

Chief Officer The Yard Alfred Schnoor ex EMMA MÆRSK 23 June 1997

Victoria R. Brick Maersk inc. Philadelphia 6 July 1997

Andrew Rixon The Maersk Company Limited 7 July 1997 40 Years 40 Years 40 Years 25 Years 25 Years 25 Years 25 Years Anniversary Anniversary Anniversary Anniversary Anniversary Anniversary Anniversary Captain Kurt Erling Larsen Ole Gade Leif Vilhelm Jens Erik Kresten Olav S. Kaj Henning Bekker Svend Hauge Leif Larsen 17 October 1997 14 November 1997 Andersen Jørgensen Nielsen 31 October 1997 Nielsen ex A.P. MØLLER 28 November 1997 10 October 1997 17 October 1997 31 October 1997 12 July 1997

Emmanuel Adighibe Lagos, Nigeria 13 July 1997

Ship's Assistant Jarl Kvakland ex KIRSTEN MÆRSK 30 July 1997

Villy Elgård Kristensen Esplanaden 31 July 1997

25 Years 25 Years 25 Years 25 Years 25 Years 25 Years 25 Years Anniversary Anniversary Anniversary Anniversary Anniversary Anniversary Anniversary Lars Jørn Hansen Jørgen Eli Storm Flemming Aalkjær John Skov Hansen Erik Majgaard Jens Aastrup Hans-Peter 7 November 1997 7 November 1997 Mikkelsen 21 November 1997 Hermansen 21 November 1997 Rasmussen 7 November 1997 21 November 1997 21 November 1997

Maersk Ship Design

25 Years 25 Years 25 Years 25 Years 25 Years Retiring Anniversary Anniversary Anniversary Anniversary Anniversary August Emil Gosch Henrik Haus Bent Kurt Høj Bent Geisler Erik Hansen Kurt Thybo Nielsen 29 August 1997 28 November 1997 Petterson Paaske 5 December 1997 5 December 1997 28 November 1997 28 November 1997

Rosti Roulunds Mærsk Data Thor Jørgensen

25 Years 25 Years 40 Years 25 Years 25 Years 25 Years Anniversary Anniversary Anniversary Anniversary Anniversary Anniversary John Hansen Jens Johannes Lauge Elgaard Flemming Bent Erik Hansen Jane Jensen 1 October 1997 Thumann Madsen 2 December 1997 Jacobsen 1 December 1997 1 November 1997 Thermopack 30 October 1997 22 September 1997

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