Europe News - page 12

 

Germany Approves Cosco Stake in Hamburg Port Terminal

May 10, 2023

Port logistics firm HHLA said on Wednesday the German government has cleared the purchase by China’s Cosco of a 24.9% stake in a container terminal in the sea port of Hamburg, amid a political row over Chinese investment in the German economy…

Why the EU is Restricting Grain Imports from Ukraine

May 09, 2023

The European Commission has announced restrictions on the imports of Ukrainian wheat, maize, rapeseed and sunflower seed in Poland, Hungary, Romania, Slovakia and Bulgaria until June 5.The move led to Poland, Hungary, Slovakia and Bulgaria lifting…

Stena Line Acquires Ferry and RoRo Port Operations in Ventspils

May 09, 2023

Stena Line announced on Tuesday that it has acquired the operations of the ferry and RoRo terminals in the Port of Ventspils, Latvia, representing the latest in a range of investments in the Baltic region, including the addition of upgraded ferries and new ferry routes…

Ukraine Says Russia Has Effectively Stopped Black Sea Grain Deal

May 08, 2023

Russia has effectively stopped the Black sea grain deal by refusing to register incoming vessels, Ukraine's reconstruction ministry said on Monday.Ukrainian Black Sea ports were blockaded after Russia's invasion last year, but access to three…

CMA CGM to Buy Bollore Logistics Unit for $5.5 Billion

May 08, 2023

French shipping group CMA CGM has committed to buy the logistics operations of family-run conglomerate Bollore for an enterprise value of 5 billion euros ($5.5 billion), the two companies said on Monday.CMA CGM granted the Bollore group an option to sell it the logistics business…

Italy New LNG Terminal to be Operational at End-month

May 05, 2023

The new floating terminal for liquefied natural gas (LNG) set up in the Tuscan port of Piombino will start its commercial operations at the end of this month, the CEO of Italy's gas grid operator Snam said on Friday.The terminal will make available…

First Large Cruise Vessel Arrives in Aberdeen South Harbour

May 02, 2023

Port of Aberdeen said Tuesday it had welcomed the first cruise ship into the 'transformational' £400 million Aberdeen South Harbour expansion. The 203-meter-long AIDAaura, with a capacity for more than 1,200 guests, is the longest vessel to visit the Port of Aberdeen to date…

Germany's LNG Import Terminals Tackle Challenges

May 02, 2023

Germany's liquefied natural gas (LNG) terminal project at Stade said it would in the coming weeks begin testing market appetite for ammonia as a way to transport hydrogen, as the country's efforts to end reliance on Russian pipeline gas gather pace…

Comvex's 2022 Profit More than Triples as Ukraine Cargo Rises

Apr 28, 2023

Romanian port operator Comvex said on Friday its net profit more than tripled to 104.36 million lei ($23.24 million) in 2022, as the Black Sea port of Constanta saw a rise in Ukrainian grain exports and other cargo.Comvex, which is due to detail its rise in profit later on Friday…

Stockholm Norvik Port Officially Inaugurated

Apr 26, 2023

Sweden's newest major freight port, Stockholm Norvik, has been officially inaugurated by His Majesty The King and Her Royal Highness The Crown Princess.The RoRo and container port opened for business on time and on budget in 2020, but this was just when the pandemic was at its height…

Ukraine's Grain Export Success Placates Market Despite Russia's Threats

Apr 25, 2023

Ukraine has shipped significantly more grain over the last several months than originally expected, especially corn, easing worries that were prominent last year over the country’s export program.But Russia now claims it will not support the…

HGK Shipping and Port of Rotterdam Partner on Sustainable Inland Waterways Shipping

Apr 25, 2023

HGK Shipping and the Port of Rotterdam signed a long-term cooperation agreement to promote sustainable concepts for inland waterway services leading to and from seaports. The document primarily focuses on the energy revolution and logistics…

Port of London Authority Upgrading Its VTS system

Apr 25, 2023

The Port of London Authority (PLA) is in the process of upgrading its Vessel Traffic Services (VTS) system as it strives to meet current and future needs of the River Thames, as well as effectively integrate with other decision support tools…

Swedish Port to Buy Into 1GW Offshore Wind Project

Apr 25, 2023

The Gothenburg Port Authority will become a partner in Eolus’ 1GW Västvind offshore wind power project, offshore Gothenburg, Sweden, to meet growing electricity demand.According to Eolus, the offshore wind farm will be able to generate electricity…

World’s Largest Electric Crane Under Construction

Apr 24, 2023

A new electric-powered ring crane being built for Dutch engineered heavy lift company Mammoet is set to become the world’s highest capacity land-based crane.The first parts of the new 6,000t ring crane will soon be delivered to Mammoet’s engineering nerve center in The Netherlands…

Logistics News

Russia's Seaborne Oil Product Exports Fell in March

Russia's Seaborne Oil Product Exports Fell in March

UKHO Appoints Blake Interim Chief Executive

UKHO Appoints Blake Interim Chief Executive

Denmark Bans Discharge of Scrubber Water

Denmark Bans Discharge of Scrubber Water

Updated Version of Guidelines for Cleaning Containers Released

Updated Version of Guidelines for Cleaning Containers Released

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