Svitzer Appoints Jeeninga, McKeating as Cluster Managers
Svitzer, aprovider of harbor and terminal towage to the global shipping industry, has recently appointed Fred Jeeninga as Cluster Managing Director, Continental Europe (Netherlands, Belgium, Georgia) and Maurice McKeating as Cluster Managing Director, UK South.Fred Jeeninga holds nearly 20 years of experience from the marine service industry. His work has taken him to Russia, Germany, Denmark, Brazil, and the Caribbean. He has been with Svitzer since 2009, most recently as Operations…
Shipbuilding; Irish Ferries to Build Two Vessels
The European Investment Bank is providing EUR 155 million to finance two new passenger and vehicle ships for the Irish Continental Group (ICG) subsidiary Irish Ferries.The two ferries will increase passenger and cargo capacity on routes to Ireland, replace older and smaller vessels and significantly reduce emissions from the Irish Ferries fleet.The new ferries are expected to be used on both the Dublin-Holyhead and Dublin-Cherbourg routes to reflect demand for a greater choice of services from Ireland to Britain and direct to continental Europe.The announcement was made as the W.B.
Maersk Moves North-East England Coverage to Hull
A.P. Moller - Maersk, an integrated container logistics company, announced that it is moving its North-East England coverage from Immingham to Hull.The existing connection between Immingham and continental Europe, will change to Hull, enabling better accessibility for local shippers and offering convenient connection with mainline services."Starting January 12th, 2019, the short sea service, operated by BG Freight and currently calling Immingham, will be moved to Hull Container Terminal in East Yorkshire…
Norway's Gas Exports Set to Match Annual Record
Norway's gas exports hit a new high of 36.8 billion cubic meters (bcm) this summer and the annual deliveries will be on a par with the record annual figure achieved in 2017, gas system operator Gassco said on Friday.Between May and August, which is normally a season with fewer gas exports, Norway's deliveries almost matched a normal winter level as European importers needed to refill depleted gas storages which drained during last year's cold winter."It's too early to say exactly where we'll end up this year…
DP World Plans 10-year Dollar Sukuk, 30-year Conventional Bond Sale
DP World, the Dubai logistics group and one of the world's biggest port operators, will meet fixed income investors ahead of a planned 10-year benchmark dollar sukuk offering, a document issued by one of the banks arranging the potential issue showed on Monday.The company has hired Barclays, Citi, Dubai Islamic Bank, Emirates NBD Capital, First Abu Dhabi Bank, HSBC, JPMorgan, Société Générale and Standard Chartered Bank as joint bookrunners for the planned sukuk, or Islamic bond.
Cosco Shipping Ports Net Profit Soars by 70.1% for H1 2018
Cosco Shipping Ports (CSP), one of the world’s largest container terminal operators, said despite the the US-China trade war, as it posted a 70.1 percent jump in adjusted profit for the first six months ended 30 June 2018."2018 is a year full of challenges. Sino-US trade frictions, the rise of trade protectionism, geopolitical uncertainties and the upward trend of interest rates have the potential to place serious pressure on the development of global trade. Despite all these uncertainties…
Antwerp Port: Brexit Ready
The UK is the third-largest maritime trading partner for the port of Antwerp. In order to be fully prepared for Brexit the Port Authority is taking various initiatives including the appointment of a new representative for the UK and Ireland. Justin Atkin has assumed this role as of 1 September 2018.With an annual freight volume of around 15 million tonnes the UK is the port of Antwerp's largest maritime trading partner after the USA and Russia. Antwerp is also ideally situated as an investment location close to the European centres of decision-making…
Port of Hamburg Throughput Dips
The Port of Hamburg achieved total throughput of 66.5 million tons in the first half of 2018, representing a moderate downturn of 4.9 percent, with the downward trend slowing in the second quarter.General cargo throughput at 45.5 million tons (down 2.2 percent) and bulk cargo throughput at 21.1 million tons (down 10.4 percent) contributed to the total in Hamburg. Bulk cargo represents one-third of the total. This segment caused 71 percent of the total downturn, with reductions in suction and liquid cargoes being market-driven.
CMA CGM to Buy Finland's Containerships
French-based CMA CGM, one of the world's largest container shipping firms, has agreed to acquire Finland's Containerships from Container Finance Ltd Oy.Terms of the deal, which is expected to close in three to six months, were not disclosed.Containerships, which recorded sales of 227 million euros ($263 million) last year, ships cargo between Finland, Russia, the Baltic States, continental Europe, the UK and Ireland as well as in the Mediterranean region between Turkey and North Africa, it said in a regulatory filing.The acquisition will add to CMA CGM's regional network in northern Europe and
TNA Appoints Williams as President & CEO
Effective August 6, 2016, Terma North America Inc. has appointed Steve Williams as President & CEO. Since the beginning of 2014 until present, Williams has held the position of Regional Executive, Lockheed Martin International Business Development, Europe-Americas. Prior to this, Steve was Regional President for Lockheed Martin Continental Europe, and before that, Senior Director, Europe-Eurasia at Lockheed Martin Corporate. Prior to joining Lockheed Martin, he was president of a security and telecommunications company, leading business partnerships in the U.S. and Japan.
OPDR Introduces New PENN Service
OPDR, as part of the CMA CGM Group, has announced the introduction of its new PENN service. Via Rotterdam, the service connects Continental Europe with the United Kingdom and Norway. Short transit times and highly modern 45ft pallet wide high cube reefers provide best conditions for customers. In the course of substantially improving its Northern Europe portfolio, the short sea expert OPDR has introduced a new service. The new weekly PENN service links Rotterdam with the United Kingdom and three of the key ports in Norway: Oslo, Moss and Brevik.
DNV GL Opens LNG Test Center
DNV GL opens LNG test center. The facility, at the organization’s existing renewable energy technology and gas laboratory site is the first type of facility with a capacity compatible for the downstream sector. Its capacity is up to 250kg of liquefied gas and boasts a heat exchanger that allows the temperature of the LNG – and therefore its boil-off – to be precisely regulated. Johan Holstein, Head of gas testing and analysis at DNV GL – Oil & Gas, said the testing of new sensor technology to rapidly identify the composition of LNG would be a priority.
Eimskip to Acquire Nor Lines
Eimskip has entered into an agreement to acquire the Norwegian shipping and logistics company Nor Lines. The business, with about 200 employees and an estimated annual turnover of approximately EUR 110 million, will be restructured in order to be aligned with Eimskip’s current operations in Norway. Ingvald Løyning, CEO of DSD, said, “DSD started the process of finding a strategic solution for Nor Lines early this year. We believe that further consolidation is needed in the logistics industry…
SCA Terminal Inaugurated at Kiel’s Ostuferhafen
The new SCA Terminal was officially inaugurated during a reception on November 11 at the Port of Kiel’s Ostuferhafen. The Swedish concerns SCA (Svenska Cellulosa Aktiebolaget) and Iggesund Paperboard AB (Holmen Group) will use the new forest products and logistics center to handle and store 850,000 tons of their high-value paper products a year which will be distributed throughout central and western European markets. Dr Dirk Claus, Managing Director of the PORT OF KIEL (SEEHAFEN KIEL GmbH & Co. KG) said: “A port takes such an important step perhaps only once every ten years.
World's Largest Short Sea Ro-Ro Vessel Named in Dublin
MV Celine, the world’s largest short sea Ro-Ro ship, will today be christened in a ceremony at Dublin Port with guest of honour, An Taoiseach, Leo Varadkar TD, Godmother to the new ship, Geraldine O’Reilly, and the port’s chaplains. The formal ceremony is a long-held tradition intended to bring good fortune to the ship and involves breaking a champagne bottle against the hull as the ship is christened. To mark today’s occasion, new Irish music commissioned by Dublin Port and performed by John Sheahan of the Dubliners and Colm Mac Con Iomaire of the Frames will premiere at the ceremony…
Braemar Adjusting Boosts its Global Teams
Braemar Adjusting continues its development and expansion, with the recruitment of experienced loss adjusters and new young talent across the globe. New staff have boosted the adjusting teams in the firm’s London, Singapore and Calgary offices as the company continues to enhance its onshore and offshore expertise. Grant Smith, Braemar Adjusting Group Managing Director, said: “These latest four appointments further emphasise our focus on providing excellent client service through the expertise of our personnel.
Veritas Petroleum Services Appoints New CEO
Veritas Petroleum Services (VPS) announced that its Supervisory Board has appointed Gerard Rohaan as Chief Executive Officer, effective May 1, 2015. Rohaan succeeds Eirik Andreassen, who has stepped down as Chief Executive Officer. The new Board of Management will consist of Rohaan and Stan Peeters respectively as CEO and CFO. Andreassen will support this transition in an advisory role, and will remain with the company until the end of 2015. Prior to joining VPS Rohaan was SVP of the Continental Europe Division with the technical service provider Stork.
Reservoir Group Adds Companies and Services
Reservoir Group has strengthened its portfolio of completion and production services with the announcement that two well intervention specialists have joined the ‘club’. The Tool Company, located in Assen, The Netherlands and the Aberdeen-based firm, Wellbore Intervention bring their expertise in coiled tubing well intervention to the portfolio of activities currently on offer from Reservoir Group. Both companies provide a variety of well intervention services to the oil and gas industry across the UK and continental Europe.
American Club has New Principal Surveyor
John Poulson Rejoins Management Team. Well-known surveyor John Poulson, a highly-experienced former mariner, is rejoining the American P&I Club’s management team on February 1 as vice president, principal surveyor and head of the survey and technical department. He worked with the club’s managers for several years in the middle of the last decade before moving to GL Noble Denton (as it is now), New York, where he had oversight and responsibility for that company’s operations throughout the Americas.
DNV GL Recommendations for Adopting LNG as Ship Fuel
As air emission requirements are becoming more stringent, one possible solution for reduced emissions is to use LNG as fuel for shipping. However take-up of LNG as ship fuel in Europe is still at an early stage. DNV GL has provided a report for the EU1 providing recommendations on how to address barriers to wider adoption. By November 2016 all member states have to submit national policy frameworks for the implementation of the EU alternative fuels Directive; the report’s recommendations are a useful aid in this.
Stork Announces Two New Appointments
Stork Technical Services has appointed Dave Workman to the new position of Chief Operating Officer (COO) and Erik-Jan Bijvank as Senior Vice President (SVP) UK and Africa. Mr Workman and Mr Bijvank will both be based in Aberdeen, UK, which is the operational hub for the company’s upstream oil & gas business, and take on their respective roles with immediate effect. As COO, Mr Workman will oversee all operational matters and help drive Stork’s global growth plans across the company’s four key regions; UK & Africa, Continental Europe, MECAP (Middle East, Caspian, Asia-Pacific) and the Americas.
QinetiQ Names CEO for OptaSense
QinetiQ has appointed Jamie Pollard as CEO of its Distributed Acoustic Sensing (DAS) subsidiary, OptaSense. Pollard brings over 20 years’ of experience from oilfield services company Schlumberger, where he ran and grew large global businesses and joint ventures, working across the U.K., U.S., Continental Europe and Africa. Pollard graduated with a degree in Mechanical Engineering from Loughborough University of Technology. Steve Wadey, CEO of QinetiQ said, “I am delighted to be…
Cheniere to Sell 24 LNG Cargoes to EDF
U.S. liquefied natural gas (LNG) exporter Cheniere Energy announced on Monday a deal to sell up to 24 cargoes to French energy giant EDF from 2017 through 2018. Under the deal, the sales price of the shipments will be linked to the Title Transfer Facility (TTF) in the Netherlands, continental Europe's biggest and most liquid gas trading point. But an industry source said Cheniere retained cancellation options as part of its deal with EDF, meaning it could wriggle out of some supply commitments if it found more profitable outlets in Asia or the Middle East.
Cheniere to Ship LNG Cargoes to France
Cheniere Energy agrees to send 24 cargoes of liquefied natural gas (LNG), or 89T BTUs, from its Sabine Pass Terminal in Louisiana in 2017 and 2018 to French state-controlled power utility Electricite de France (EDF), its second deal in two months to ship the fuel to France after EDF agreed to buy as many as 26 cargoes last month. Cheniere Marketing International LLP, wholly owned subsidiary of Cheniere Energy, has entered into another sales arrangement with EDF for the delivery of LNG cargoes on an ex-ship basis or "DES" from the Sabine Pass LNG terminal.
Hovem Appointed Director at DNV GL
DNV GL - Oil & Gas has appointed Liv Hovem as Director of its Europe and Southern Africa Division. DNV GL’s Europe and Southern Africa Division is a provider of risk management, technical advisory and technical assurance services across the entire oil and gas value chain for global customers headquartered in Norway, U.K., Continental Europe and South Africa. In her division Hovem leads 2,200 people combining deep industry expertise, particularly in challenging operating environments gained from experience working in North Sea and Arctic projects.
Halt Arctic Oil Drilling Urges UK Parliamentary Committee
The Environmental Audit Committee has published the report of its inquiry into Protecting the Arctic. "The oil companies should come clean and admit that dealing with an oil spill in the icy extremes of the Arctic would be exceptionally difficult. The infrastructure to mount a big clean-up operation is simply not in place and conventional oil spill response techniques have not been proven to work in such severe conditions. Drilling is only currently feasible in the Arctic during a short summer window when it is relatively ice-free.