Germany News

 

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.A spokesperson for the German government said in a statement that Berlin had informed HHLA and Cosco that their reworked deal was compliant with a cabinet decision…

Van Oord Contracted to Build FSRU Jetty in Germany

Jan 17, 2024

Van Oord has been contracted by FSRU Wilhelmshaven, a joint venture between ENGIE and Tree Energy Solution (TES) to construct a Floating Storage and Regasification Unit (FSRU) jetty at Wilhelmshaven in Germany.Responsibility for the operation…

Germany's Stade LNG Project Expects Floating Terminal in February

Dec 13, 2023

Germany's emerging liquefied natural gas (LNG) terminal in the Elbe river port of Stade expects its floating regasification vessel (FSRU) to arrive in February, allowing seaborne gas cargoes to be fed into local pipeline grids, its management said on Wednesday…

River Rhine in South Germany Closed to Shipping, May Reopen Soon

Nov 21, 2023

Parts of the river Rhine in south Germany remained closed to shipping on Tuesday after heavy rain this month but falling water levels could lead to a reopening later on Tuesday, navigation authorities said.Rhine river shipping remains stopped around the chokepoint of Maxau in south Germany…

Germany's LNG Import Terminals Tackle Challenges

May 16, 2023

A German government-backed liquefied natural gas (LNG) terminal project at Mukran on Ruegen island in the Baltic Sea, near existing LNG reception facilities delivering into the mainland port of Lubmin, will be downsized.The quest for alternative…

Germany Scales Down LNG Terminal Plans as Supply Crisis Eases

May 15, 2023

Germany will almost halve planned capacity for liquefied natural gas (LNG) terminals in the Baltic Sea, a government source said, as Berlin revaluates its LNG needs given local resistance and an easing of energy bottlenecks.Two floating LNG…

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…

Energy Firms Bet Big on German Port as Clean Energy Hub

Apr 06, 2023

Germany's only deep water port, home to its largest naval base, is where energy firms now plan to spend more than $5.5 billion to help construct the clean energy infrastructure the country needs to help end its reliance on Russian gas.Europe's…

S5 Inks Deal with Deutsche ReGas to Manage Shuttle Tankers

Jan 27, 2023

S5 Agency World (S5) signed a contract with Deutsche ReGas to act as terminal agent at its new Deutsche Ostsee LNG terminal at Lubmin Port, on Germany’s Baltic Sea coast. The new LNG terminal will process LNG imports into Germany and has a regasification apacity of up to 5…

Germany's HHLA, China's Cosco Close on Hamburg Port Deal

Jan 06, 2023

German logistics firm HHLA and Cosco are close to finalizing an agreement for the Chinese shipping giant to take a stake in a terminal at Hamburg's port, HHLA said on Friday.'We can confirm that... it has been possible to agree on concrete conditions…

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)…

Germany Hashes Out Compromise to Allow Smaller Stake China Port Deal

Oct 25, 2022

Germany may allow China's Cosco to take a smaller stake than originally planned in a Hamburg port terminal, in what an economy ministry source on Tuesday described as an 'emergency solution' to approve the deal but mitigate the impact.Shipping…

EU Warned Germany Against Chinese Port Investment

Oct 24, 2022

The European Commission warned the German government last spring not to approve an investment by China's Cosco into Hamburg's port, German daily Handelsblatt reported on Friday, citing sources.Shipping giant Cosco last year made a bid to take…

Police Guard LNG Ports as Germany Fast-tracks Critical Infrastructure Law

Oct 19, 2022

Germany has ordered police to guard LNG terminals under construction and increased aerial supervision of its rail network as it prepares a law to bolster the protection of critical infrastructure, its interior minister told Reuters.Suspected…

German Coalition Divided Over Chinese Bid for Hamburg Port Terminal

Sep 14, 2022

Germany's ruling coalition is divided over whether to let China's Cosco take a stake in a Hamburg port terminal, government sources say, even as Beijing urges Berlin not to politicize the bid and the port authority warns this could hurt the economy…

Logistics News

EU Clears CMA CGM's Acquisition of Bollore Logistics, Subject to Conditions

EU Clears CMA CGM's Acquisition of Bollore Logistics, Subject to Conditions

ZIM Names Trio of LNG Containerships

ZIM Names Trio of LNG Containerships

Porto Chibatão Installs Four Harbor Cranes

Porto Chibatão Installs Four Harbor Cranes

Floating Production – A Growing Segment in Transition

Floating Production – A Growing Segment in Transition

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