Cover: The Annual Shareholders' Meeting of Dampskibsselskabet af 1912 A/S was held at The successful restoration of the Esplanaden in Copenhagen on 5th May 1994, and of A/S Dampskibsselskabet frigate JYLLAND was celebrated on 24th Svendborg at Mærskgården in Taasinge on 6th May 1994. March 1994. The shareholders stated their satisfaction with the result for 1993 and expressed their thanks to the staff. I am happy to pass on these sentiments here. In his verbal statement to the shareholders the Chairman, Mr. Mærsk Mc-Kinney Møller, inter alia made the following remarks regarding 1994: Published by A.P. Møller, Copenhagen "We have good hopes as regards the liner activities despite Editor: Hanne H. Clausen a weak start, fierce competition and a large global increase in Printers: Scanprint as Viby J. the container vessel fleet. Layout: Jakob Kühnel, IDD Copies: The tanker markets are still characterized by imbalance 13,000 Danish between supply and demand of tonnage - especially crude 12,000 English which has experienced a very low market during the first four months of 1994. Markets for drybulk and panmax vessels are somewhat Local correspondents: better, while car carriers are affected adversely, especially due to Japan's reduced car exports. AUSTRALIA: Robert John Page BANGLADESH: Anis Ahmed Our activities within drilling rigs and supply vessels are FRANCE: Laurence Chollet affected negatively by a reduction of exploration activities, GERMANY: Sabine Ristau particularly in the North Sea, due to the low oil prices. HONG KONG: Belina Chick INDIA: Hoshang Vajifdar All told, for the time being the result of the shipping and INDONESIA: Christian M. Laursen drilling rig activities in 1994 is expected to be lower than JAPAN: Jesper T. Lok in 1993. MALAYSIA: Peter M. Kristensen NETHERLANDS: PoulWoodail We hope - and expect - that the production of oil and natural NIGERIA: Lucie Thompson gas will be maintained at the record level of 1993, but the PHILIPPINES: Lydia B. Cervantes very low oil prices will have a negative effect on the result SINGAPORE: Tan Hee Khoon of the oil and gas activities. SPAIN: Harry W. Glogauer TAIWAN: Alice Hsieh As previously mentioned, the dollar rate continues to be an THAILAND: Suthinee Vanachart uncertain factor." UNITED KINGDOM: Ann Pulham U.S. EAST COAST: Tom Collins The somewhat weak start and the rapid expansion in several areas make extra U.S. WEST COAST: Jennifer Caro demands on our organisation and on our systems. U.S. GULF: Niels H. Axelsen Extra efforts are necessary, not only concerning sales, but also with regard to costs, MAERSK AIR: Marita Petersen particularly within the liner activities which have not developed as expected. Our MÆRSK CONTAINER INDUSTRI: systems must be expanded and tightened on an ongoing basis, and made even more Henrik Hansen efficient - having the relevant facts and figures at our fingertips is essential in order to MÆRSK DATA: Kim K. Andersen react fast and achieve success in making the necessary adjustments and PAPYRO-TEX: Peter Sørensen improvements in efficiency. PHARMA-PLAST: Marianne Maltow ROSTI: Karin Nielsen I hereby appeal to everyone in the Mærsk organisation: the goal for 1994 is still to do at ROULUNDS: Elsebeth Bastholm least as well as last year - a tough challenge, but also an appropriate one. THE YARD: Leo Jensen Volume 33, No. 2 June 1994 JESS SØDERBERG ISSN 0904-7093 Reproduction permitted with acknowledgement of source H.M. The Queen, with Prince Joachim, Henrik Zeuthen and Claus Hemmingsen, in conversation with Captain Ib Storm on the bridge of LOUIS MÆRSK. In February 1994, Her Majesty Queen Margrethe visited Maersk Hong Kong Ltd., where her son Prince Joachim is working as a trainee. Henrik H. Zeuthen, Prince Joachim board and showed them around the Baling Chick and Claus V. Hemmingsen showed vessel, including the bridge, the the Royal visitor, her Lady-in-Waiting radio room, the captain's own quar- and the Danish Consul General in ters and other crew quarters. After- Hong Kong around Modern Terminal wards, tea was served in the of- Ltd., at which Maersk Line vessels ficers' mess. call on average more than once a day, as well as the terminal office Her Majesty was impressed by the where Prince Joachim was working scope of Maersk Line's operations at the time. in Hong Kong, and before her depar- ture conveyed her thanks to all in- Queen Margrethe and her party also volved for having given her an excel- visited the container vessel LOUIS lent impression of Prince Joachim's MÆRSK, where Captain lb Storm and the Maersk organisation's daily and his crew welcomed them on working environment. Her Majesty Queen Margrethe inspects her son's daily work- place at the terminal office in Hong Kong. wa xJPB uring the period Kamprad, the founder of between the end the furniture stores, Dof January and the IKEA. end of April 1994, the Odense Steel Shipyard The vessel's home port is has accomplished the Faaborg and she is separate christenings of commanded by Captain three newbuildings in a Jørgen V. Frederiksen series of advanced con- with Karl Johan Frigaard tainer feeder vessels for as Chief Engineer. A.P. Møller. The next namegiving cer- The vessels are an emony was on Saturday, extended version of 26th February, when Mrs. CHRISTIAN MÆRSK, the Caroline Goedhart, wife last in a previous series of The sponsor of CAROLINE MÆRSK, Mrs. Margaretha Kamprad. of Mr. Dirk Goedhart, Managing Director of six container vessels de- with the Managing Director of the Odense Steel Shipyard, Corporate Forwarding, livered in 1991/92. Kurt Andersen, and Mr. Ingvar Kamprad. Philips International BV, The newbuildings are christened the Shipyard's 190 metres long and 28 newbuilding no. 152 metres wide. Each vessel CLAES MÆRSK. has ten separate holds and with a draft of 10.3 The new vessel is the metres a total container first in the history of A.P. capacity of 1,500 TEUs, Møller to bear this name. of which up to 164 can be She is named after Claes 40' reefer containers. Nielsen, who was a shoe- Fully loaded, the service maker in Dragør (where speed of the vessels is CLAES MÆRSK has her approximately 19 knots home port) and the great- or about 35 kilometres great-great-great-great- per hour. grandfather of Mr. Mærsk Mc-Kinney Møller. In order to facilitate ma- noeuvring in ports and Mr. Ted C.W. Huyboom, Mr. Marc F. Goedhart, Miss Francesca CLAES MÆRSK is under narrow waters, each of Bakker, Shipowner Ib Kruse, Mr. Dirk Goedhart, the vessel's sponsor, the command of Captain the vessels is equipped Mrs. Caroline Goedhart and the Managing Director of the Lindø Bent Rüsz Jensen with with side propellers fore Shipyard, Mr. Kurt Andersen. Johannes Johannesen as and aft, and on deck Chief Engineer. there is a 35-ton crane for handling containers and The third and final hatch covers in those christening took place on ports which do not have 16th April 1994 when their own facilities. Chief (Mrs.) Margaret Shonekan gave new- Since all operations on building no. 153 the the newbuildings are name CECILIE MÆRSK. fully automated; the ma- Mrs. Shonekan is the chinery is monitored by a wife of His Excellency computerised alarm sys- Chief E.A.O. Shonekan, tem and the bridge is shareholderand Member arranged so that it can be of the Board of Maersk operated by one man, the Nigeria. vessels have been ap- proved for service with a The Managing Director of the Odense Steel Shipyard, CECILIE MÆRSK's home crew of eight. Mr. Kurt Andersen, His Excellency Chief E.A.O. Shonekan, port is Sønderborg, and the vessel's sponsor, Chief (Mrs.) Margaret Shonekan, the Captain, at present she is the only All three vessels have Poul Buchholz Hansen and the Chief Engineer, vessel in the A.P. Møller gone into service in the Ken Povlsen. fleet to have this home trade between West port. The Master is Poul Africa and Algeciras in Buchholz Hansen with Spain, where they are Ken Povlsen as Chief replacing three of the Engineer. smaller C-type vessels, CHASTINE The Christenings MÆRSK, CHARLOTTE MÆRSK On 20th January 1994, Odense The large photo shows CECILIE and CORNELIA MÆRSK, which Steel Shipyard's newbuilding no. 151 MÆRSK on her way through have been transferred to the service was christened CAROLINE MÆRSK Odense Fiord on a hazy morning in between North America and South by her sponsor, Mrs. Margaretha spring. America. Kamprad, wife of Mr. Ingvar Sifllffilf AND FLAGS FOR ^•PBI •as FRIGATE 250 specially-invited guests took part in the festivities in Ebeltoft when His Royal Highness Prince Henrik, in his capacity of patron of the Independent Institution "Fregatten JYLLAND", took possession of the newly- restored frigate. Mr. Mærsk Mc-Kinney Møller handed over the vessel on behalf of the A.P. Møller and Chastine Mc-Kinney Møller Foundation. he handing over ceremony Kinney Møller were shown around took place on 24th March 1994 the vessel and given details of the Tin typical Danish spring restoration work by the Mayor of weather, that is to say, a mixture of Ebeltoft, Mr. Christian Rose, who is sunshine, rain and winds so strong also Chairman of the Board of the that the signal flags on the main Independent Institution "Fregatten mast flapped wildly. JYLLAND", the Project Manager, architect Bernt Kure and the Master His Royal Highness Prince Henrik Carpenter, Peder Hansen from and Mr. Mærsk Mc-Kinney Møller Lindø. arrived before noon, in order to have time to thank the employees from The Mayor, Mr. Christian Rose, the Lindø Shipyard for their fine welcomed the guests to the restoration work on luncheon and Olaf Olsen, the State the frigate over the Antiquary, told them the story of last 5 years.