Europe News

 

CMA CGM Completes Russia Exit

Jan 05, 2023

French-based shipping group CMA CGM has completed its withdrawal from the Russian market by divesting stakes in terminals through an asset swap, the company said.“With this finalized transaction and the decision to suspend all new bookings to and from Russia since March 1st, 2022, the CMA CGM Group will no longer be involved in any entities operating in Russia,” it said in an emailed statement.The deal was concluded on Dec…

Insolvency at European Storage Terminal Supports Tank Storage Rates

Jan 20, 2023

The insolvency of a major storage terminal planned in northwest Europe has supported regional tank storage rates for diesel and gasoline, just as European traders rush to fill up diesel tanks ahead of a Feb. 5 ban on Russian fuel.Earlier this month…

New Road Salt Hub at Port of Dundee

Jan 17, 2023

The Port of Dundee’s new road salt import and distribution hub is handling 70,000 tonnes of road salt this year for distribution to Scotland’s regional depots via Scotland’s east coast ports.Forth Ports has imported millions of tonnes of road…

Kazakhstan Recruits Abu Dhabi Ports to Develop Caspian Tanker Fleet

Jan 17, 2023

United Arab Emirates' Abu Dhabi Ports will help Kazakhstan to build a tanker fleet in the Caspian Sea, reducing the former Soviet republic's dependence on Russian transit, Kazakh state oil company KazMunayGaz said on Tuesday.KazMunayGaz and Abu Dhabi Ports have agreed to set up a joint venture…

Port of Antwerp-Bruges Throughput Falls 0.7% in 2022

Jan 12, 2023

The Port of Antwerp-Bruges reported 'stable' results for 2022 amid a challenging year fraught with geopolitical tensions, energy crisis and ongoing supply chain disruptions, in addition to various commodity flow shifts that put considerable sustained pressure on the container segment…

Liebherr Delivers Mobile Harbor Crane to Port Esbjerg

Jan 05, 2023

Last week, Liebherr-MCCtec Rostock GmbH delivered a new LHM 800 High Rise mobile harbor crane to its customer Port Esbjerg.The delivery took place shortly after an incident in the Kiel Canal, in which an LHM 600 ordered by Port Esbjerg was damaged while passing under the Holtenau High Bridge…

New Harbor Crane at Finland's Port of Vaskiluoto

Jan 03, 2023

Oy Blomberg Stevedoring Ab, part of the KWH Logistics business group, has acquired a heavy Liebherr LHM 600 harbor crane for the Port of Vaskiluoto in Vaasa, Finland.The newly built €7 million crane, manufactured by Liebherr-MCCtec Rostock GmbH from Germany and delivered to Vaasa on December 22…

Port of Valencia to Carry Out Hydrogen Tests for Its Refueling Station

Jan 02, 2023

In January 2023 the Port of Valencia will conduct hydrogen tests for its refueling station. Technicians from Valeciaport, the National Hydrogen Center and the company Carburos Metálicos are taking part in this initiative, supervising this operation…

Boluda Towage Starts Ops to Support German FSRU

Dec 30, 2022

Boluda Towage has started towing services at the German port of Lubmin for the first installation of a floating LNG storage plant.The Deutsche ReGas LubminLNG import terminal will become the first operational FSRU-based facility in Germany.…

FSRU Exemplar Arrives in Finland

Dec 29, 2022

Excelerate Energy's floating storage and regasification unit (“FSRU”) Exemplar arrived at the port of Inkoo, Finland on December 28, 2022. The FSRU was previously loaded with a partial cargo of liquefied natural gas (LNG) which will serve as the initial commissioning cargo for the terminal…

Port of Rotterdam to Allow Mixed Berthing

Dec 20, 2022

The Port of Rotterdam said it will allow mixed berthing from the second week of January, opening up about 50 mixed berths for inland vessels carrying hazardous cargo.The move, which will allow so-called cone ships (named after the 1 or 2 blue…

Ukraine Grain Deal Unlikely to Include New Ports in Near Term

Dec 15, 2022

United Nations aid chief Martin Griffiths said on Thursday it was unlikely the Black Sea grain deal would be expanded in the near term to include more Ukrainian ports or reduce inspection times.Kyiv has called for an expansion of the deal with…

HGK Shipping Acquires BeKa HGK GmbH

Dec 15, 2022

Inland waterway shipping company HGK Shipping acquired the remaining 60% of BeKa HGK GmbH as of December 14, 2022, a strategic decision that the company says 'significantly intensify its business activities on the Upper Rhine, Danube and Mosel rivers in its dry shipping division…

LNG Hopper Dredge Vox Apolonia Delivered to Van Oord

Dec 13, 2022

Van Oord announced it has accepted delivery of its new trailing suction hopper dredger (TSHD), Vox Apolonia, from Keppel Singmarine Pte Ltd shipyard in Singapore.The newbuild is the second in a series of three new dual-fuel liquefied natural…

Inside the Chinese Port Deal that Divided the German Government

Dec 12, 2022

The German government has become divided over a deal, agreed last month, which saw Chinese conglomerate Cosco invest in the Port of Hamburg. The deal had been in the works since September 2021 and was championed by the chancellor (and Hamburg’s former mayor)…

Logistics News

Analysis: Container Shipping and Falling U.S. Retail Sales

Analysis: Container Shipping and Falling U.S. Retail Sales

Western Tankers Ramp Up Russian Oil Shipments

Western Tankers Ramp Up Russian Oil Shipments

Log-In Logística Intermodal taps Nautilus Labs for Digital Solutions

Log-In Logística Intermodal taps Nautilus Labs for Digital Solutions

Titan Acquires Pair of LNG Carriers for Bunkering Capability Retrofit

Titan Acquires Pair of LNG Carriers for Bunkering Capability Retrofit

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