Advice and Fairness Opinion in connection with the merger of Aktieselskabet Lollands Bank and Vordingborg Bank A/S
the boards of Aktieselskabet Lollands Bank (in the following “Lollands Bank”) and Vordingborg Bank A/S (in the following “Vordingborg Bank”) announced that they had decided to submit a recommendation to merge the two banks to the general assemblies of the two banks
the banks released an extended company announcement describing the proposed merger in detail
Carlsquare had carried out a number of thorough financial analyses of information provided by the banks
Carlsquare provided a Fairness Opinion to the boards of the two banks
The management of the continuing bank assesses that the new bank has a size that provides a solid basis for maintaining a strong presence in the market area of the bank
the bank is the only local bank on the islands of Lolland and Falster
In addition the management believes that the continuing bank
compared to what the two banks had on an individual basis prior to the merger
a stronger capital base and a sound liquidity position based on the costumer base in the continuing bank’s market area
that the bank has become a more attractive financial partner for all clients in the region through the merger
No one injured when 53-metre high silo fell the wrong way
A Danish cultural centre has been damaged after a 53-metre high silo fell the wrong way while being demolished.
In video of the explosion in the town of Vordingborg, onlookers cheer the detonation, but then watch in astonishment as the tower toppled towards the waterfront library and music school.
Read moreNo one was injured in the accident.
Denmark’s explosives association said preparations for the demolition seemed to be correct, Danish newspaper BT reported.
An investigation is under way into what caused the operation to go wrong.
The Vordingborg local government said volunteer firefighters worked through the night to help secure the cultural centre.
Read moreThe library said though books and everything else were covered in dust
there was little structural damage to the interior
a building that does not go down in the way it was supposed to is known as a “standup”
thousands gathered to watch as the six remaining tower blocks of the historic Red Road flats were razed to the ground
As the dust settled and the two-year clear-up was pondered, it became clear. Two were still partially standing.
ElectrolysersHydrogen-to-liquid | Plug Power to supply 280MW of electrolysers for landmark Danish e-fuels projectThe green hydrogen will be combined with captured CO2 to produce synthetic aviation fuel
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2018 2:00 AM EDTA silo demolition in Denmark went awry Friday as a 170-foot tower collapsed in the wrong direction and partially landed on a local cultural center
Dozens who gathered in Vordingborg, a town in eastern Denmark, watched as the 170-foot tower fell not into a safely cleared zoned
but directly on top of the town’s waterfront cultural center
but so were administrative offices in the Vordingbord Libraries
which also house an archive and a music school
An investigation is underway into what caused the tower to “switch sides,” as experts contend that the charges were set correctly
Write to Eli Meixler at eli.meixler@time.com
Arcadia eFuels APS of Denmark has let a contract to Technip Energies to deliver front-end engineering and design (FEED) on the operator’s proposal to build what it says would be the first-ever plant to produce carbon-neutral electrofuels (eFuels)—including a sustainable aviation fuel (SAF)-equivalent—from renewable electricity
Technip Energies will engineer a plant that will produce about 55,000 tonnes/year (tpy) of eJet fuel (eKerosine)
all of which can respectively be blended up to 50% with conventional jet and road fuels to help the aviation and heavy transportation industries meet voluntary and regulatory carbon-reduction goals in line with the global energy transition
Technip Energies said its scope of delivery includes engineering of an associated 250-Mw electrolyzer for production of green hydrogen at the complex
which will be built at the port of Vordingborg
With pre-FEED and early works recently completed
the eFuels complex is scheduled for startup in 2026
The FEED contract award follows Arcadia eFuels’ preliminary selection of Technip Energies Italy SPA to provide both FEED and engineering
and construction (EPC) services for the project
Arcadia eFuels also confirmed its January 2022 award of a joint contract to Topsoe AS and Sasol Ltd
for delivery of preliminary engineering on the proposed eFuels plant
which will be based on the service providers’ integrated G2L eFuels technology
While Arcadia eFuels has yet to confirm taking positive final investment decision (FID) on the project that—as of November 2022—was due by yearend 2022
the operator said the proposed e-Fuels plant’s production of net-zero carbon aviation fuel would exceed Denmark’s total requirements for eFuels established under national mandates targeting carbon-neutral domestic air travel by 2030
Given the project’s location at Vordinborg Port
the plant’s excess production of e-Fuels—which can be transported using existing liquid-fuels infrastructure—would be available for export to markets abroad
Arcadia eFuels said production at its proposed plant will involve the following:
the operator’s selected Topsoe-Sasol G2L process consists of the service providers’ following proprietary technologies:
Robert Brelsford joined Oil & Gas Journal in October 2013 as downstream technology editor after 8 years as a crude oil price and news reporter on spot crude transactions at the US Gulf Coast
He holds a BA (2000) in English from Rice University and an MS (2003) in education and social policy from Northwestern University
The Sea Stallion and the rest of the "King's Cruise"-festival have arrived at Vordingborg
and the most common question today - as always - is: where is your toilet
The Sea Stallion has two toiletsThe ship's one toilet is a small transportable camp-toilet which is placed under deck in the bow
Under deck does not mean that you can go UNDER deck and hide
It just means that you will have to remove a few deck planks to reveal the toilet.
The other toilet will be mounted when the ship is anchored t.ex at lunchtime
A (small) tarpaulin is stretched from the middle of the ship to the railing
The toilet itself - being nothing else than a plain bucket with a seat - is set up behind the tarpaulin
For both toilets goes that there is also a hand washing facility = a bucket with water
soap and desinfection liquid as to keep a high level of hygiene - and there is also a beautiful view to the sea and the sky..
as well as to the fellow crew members never sitting far away
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The Viking Ship Museum in Roskilde is the home of five world famous Viking ships and is the Danish museum for ships
seafaring and boatbuilding culture in ancient and medieval times
Privacy and cookie policy | Subscribe Newsletter Vikingeskibsmuseet: Vindeboder 12 . DK-4000 Roskilde | Phone.: +45 46 300 200 | museum(at)vikingeskibsmuseet.dk
Port operator Copenhagen Malmö Port (CMP) and Green2x
a company involved in the large-scale production of biomethane and green fuels
establish and operate one of the world’s largest biofuel plants to date at CMP’s terminals in the port of Malmö
The partnership aims to ensure a renewable energy supply
local growth and sustainable maritime transport in the future
adding that the next step for the two parties is a pilot study period
in which the project is planned in detail and when relevant permits are obtained
The facility is expected to be completed by 2030
commented: “Our partnership with Green2x is fully in line with CMP’s ambitions
in which we see the port as a future energy hub
We want to help solve the challenges society faces in the green transition while creating new business opportunities
our goal is to play a significant regional role in the transition to green fuels in close cooperation with other players in the value chain.”
stated: “We are incredibly pleased to join this exciting partnership with CMP and the City of Malmö
Green2x’s strategic plans are now accelerating
supporting our ambitions to become an international green fuel producer very rapidly
The location in Malmö opens doors to enormous potential
This gives us a unique opportunity to strengthen cooperation with the shipping industry
we use the geographical synergies with our plant in Vordingborg
especially when it comes to sourcing large quantities of straw
and it is gratifying that the next step will be in collaboration with CMP and the City of Malmö.”
Green2x’s technology extracts green energy from the straw that remains after harvesting
enables the production of green energy on a whole new scale
because the straw contains a lot of energy
and this technology enables more than 95% of it to be recovered
Green2x has recently obtained a permit for the establishment of its first plant in Vordingborg
with the start of production scheduled for 2027
the operator announced the decision to gradually start using fossil-free fuel hydrogenated vegetable oil (HVO100) for its machines at the container terminal in Copenhagen
CMP can reduce fossil diesel consumption by approximately 60,000 liters per year
which corresponds to a reduction of about 130 tonnes of CO2 annually
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The companies awarded by MEA get the opportunity to work closely together with a transnational team of Marine Energy experts on both the technical advancement of their technology
as well as the development of their commercial strategy and business plans
Each service offer is intended to put the company’s technology and business firmly on the […]
no!’ as concrete tower lurches towards cultural centre in Danish town of Vordingborg
A demolition in Denmark went horribly wrong as a disused silo fell sideways
crushing part of the town’s cultural centre
A crowd had gathered in the town of Vordingborg to watch the collapse of the concrete silo
reacting with horror as it became apparent that the demolition was not going according to plan
the 173ft concrete tower unexpectedly lurched to the right
towards a cultural centre housing the town’s library and music school
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“Onlookers can be heard shouting ‘no, no, no!’ in the background as the silo begins to topple in the wrong direction,” The Local reports
“A photo of the aftermath shows one corner of the waterfront building reduced to a mess of splintered lumber and stone, with the fallen silo just feet away,” says the New York Post.
No-one was inside the cultural centre, which had been evacuated prior to the demolition as a safety measure.
“This kind of thing should not happen,” Vordingborg mayor Mikael Smed told The Local. “But I am first and foremost happy that nobody was injured.”
The centre has been temporarily closed while the affected corner of the building is assessed for “structural damage”, and offices are cleared of masonry dust and broken glass.
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Steamboat Springs — Tara King learned a lot while playing professional volleyball in Vordingborg
The 2006 Steamboat Springs High School graduate read lots of books
did plenty of research on random things and found herself with an inordinate amount of free time on her hands
But the nine-month season in a far-off place helped King learn something else: She still really loves the game of volleyball
it was one of the hardest things I’ve ever done being away from everything,” said King
and I still really love the game of volleyball
It was a fun opportunity to grow and travel and to keep playing.”
a three-time Rocky Mountain Athletic Conference selection at Colorado Mesa University
She had tried out last winter and got a contract to play in Denmark
The 12-person team included five Americans and a Norwegian in addition to teammates from Denmark
Earning a paycheck to play the game she loves took some getting used to
she wasn’t playing other sports and she wasn’t a coach
She started to learn Danish and would go to local schools to work with children
She read constantly and did research papers — for fun — on subjects that interested her
She also played some pretty good volleyball
advanced to the semifinals of the Danish Elite League
She compared the level of volleyball to that of Colorado Mesa University
was that many of her teammates weren’t used to how loud the Americans are on the court
King usually would call out plays a couple of times
‘You can only say it once because you’re scaring the hitters,’” she said
King said she is glad to be back home in Steamboat
She had several offers from other teams in Denmark to continue playing
She said she would like to play one more year professionally but in another part of the world
“I’m going to give it one more chance to see if it is what I want to do,” she said
She plans to host several local volleyball clinics for children
To reach Luke Graham, call 970-871-4229 or email lgraham@SteamboatToday.com
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A demolition in Denmark went badly wrong last week when a 174-foot silo collapsed the wrong way and crushed the building next to it
was supposed to fall neatly onto a cleared landing zone on Friday
but didn't work onto an adjacent green space
which consists of a library and music school
reported structural damage to one side of the building
Photos posted by the library on Facebook also showed books, documents, and computers had been knocked from the shelves. Most of the library's interior was undamaged but very dusty, the library said.
the criminals can leave the island during the day but will have to report their whereabouts to authorities and return at night.Buildings on Lindholm island in Denmark
3 min readPublished 20 December 2018 10:10pm
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