Iran's Oil Customers in Europe Might Reduce Imports
European oil companies are not ruling out reducing Iranian oil imports after the threat of new U.S. sanctions, with some expecting banking issues to hinder trade, but there was no rush to immediately cut volumes.U.S. President Donald Trump said on Tuesday the United States was exiting an international nuclear deal with Iran and would impose new sanctions that seek to reduce oil exports from OPEC's third-largest producer.But as of Friday, companies in Europe said they were still taking Iranian oil.
First LNG Bunkering of Fure Vinga in Europe
On May 19, 2018, the new build chemical tanker “Fure Vinga” bunkered LNG for the first time in Europe, receiving 120 tons of LNG in a truck-to-ship operation in the port of Cartagena. In total, 6 trucks of LNG were brought to the Spanish port and transferred to the vessel. “We are glad that the first LNG bunker operation for Fure Vinga in Europe has been completed smoothly, thanks to the cooperation of all parties involved in the bunker operation, including the ship’s crew and port authorities…
Container Shipping a 'Mixed Bag' - Drewry
South Asia container trade with Europe continues to outpace the Middle East, says Drewry in its Container Insight Weekly report.Container shipments in the combined eastbound Europe to the Middle East and South Asia trade performed well in the first quarter, rising by 5.2 percent year-on-year according to Container Trade Statistics. However, that aggregate rate hides two very different performances by the two destinations. CTS reports that inbound traffic to South Asia soared by 18 percent in 1Q18 to reach approximately 410…
HAROPA Re-elected Best Seaport in Europe in 2018
The port stakeholders and experts in the supply chain of the Asia-Pacific zone have renewed their trust to HAROPA for the 6th time (HAROPA is the 5th North-European port complex grouping together the ports of Le Havre, Rouen and Paris): HAROPA was awarded the trophy of “Best Seaport in Europe” on May 15th, in Shanghai in the course of the AFLAS evening party (Asian Freight, Logistics & Supply Chain Awards). HAROPA was in competition with the ports of Antwerp, Hamburg and Barcelona. This prize rewards all port places of HAROPA.
Iran VLCCs in Europe on First Post-Sanctions Trip
An Iranian oil tanker has called at a European port for the first time since the lifting of sanctions last January, IRNA news agency reported quoting Sirous Kianersi, managing director of the National Iranian Tankers Company (NITC). Sirous said that the first NITC tanker leased to a major Spanish oil company docked at the Port of Algeciras just recently. More NITC tankers are heading to other European ports, he said, adding two vessels are currently en route to the Netherlands.
Spot Freight Rates Soar from North Europe to Asia
Spot container freight rates from North Europe to China increased by 45 percent this week, reaching a four-year high. The “World Container Index assessed by Drewry” market reading on the route from Rotterdam to Shanghai jumped to $1,076 per 40ft dry container today, from $740 last week. “Our sources reported that ships are currently full and that carriers have demanded much higher rates – only some prior rate agreements remain in place,” said Philip Damas, head of Drewry’s logistics practice.
Antwerp Focuses on India, China and Eastern Europe
Malini Dutt, Robert Feng and Martin Hubenack have recently been appointed to represent the port of Antwerp in India, China and Eastern Europe respectively. This brings the number of port representatives to 12, reinforcing Antwerp's presence in its core hinterland and important overseas growth regions. The task of these representatives is to keep Antwerp "top of mind" with local companies, ports, chambers of commerce and other players. With an annual freight volume of 6.4 million tonnes carried between it and the Indian ports, Antwerp is the European market leader for this region.
Europe to Build Ships of the Future
A new European research project seeks to revolutionize the shipbuilding sector by replacing steel with composite materials for the construction of more efficient large length ships. FIBRESHIP is an ambitious project that will allow for the construction of light commercial vessels, passenger and leisure transport and oceanographic vessels more than 50 meters in length using fibre reinforced polymer (FRP) composite materials. It is one of the largest innovation projects funded by the EU with a budget of €11 million, of which €9 million is funded by the EU’s Horizon 2020 Programme.
KBA Europe, Batok Offshore Partner in West Africa
KB Associates Europe Limited KBA(E) has announced a new partnership with the local representative – Batok Offshore and Oil Services Nigeria Limited for the arrangement of KBA(E)’s specialist training courses in country; such as Client Worksite Representative, Combined Diving System Assurance and FMECA Awareness, and Intensive FMECA courses, to be delivered in Lagos – Nigeria. The partnership aims to facilitate local training and consultancy provision to West African Consultants…
Organisations Across Europe Ask EU to Invest More in Transport
With the slogan “More EU budget for transport, the best investment plan for Europe” a coalition of thirty European transport organisations are launching today their campaign for a strong connecting Europe Facility for the next financial period 2021-2028. “We are very pleased to see that 30 transport organisations, covering all modes and nodes, service providers, users and cargo owners are supporting this plea for a strong financial support for the completion of the TEN-T network," says ESPO’s Secretary General Isabelle Ryckbost. "750 billion euro is needed to complete the TEN-T core network.
UASC Rolls Out New India Subcontinent – Europe Services
UASC announced two new Indian Subcontinent – Europe services (IEC1 & IEC2), to better align with its customer's needs, providing a superior service between India Subcontinent and Europe with enhanced reliability and more competitive transit times. These new, fixed day services are set to replace the current IEC1 service. By continuously introducing new and upgrading existing services, UASC can provide its customers with superior service reliability, competitive transit times and improved connections, allowing its customers to avail of new opportunities globally.
APL Adds Port Calls to Asia-Europe Services
APL has added Durres, Albania and Thessaloniki, Greece as new ports of call to its Mediterranean Express 1 (MX1) service; as well as Novorossiysk, Russia Black Sea and Poti, Georgia to the seaports which its Mediterranean Express 2 (MX2) service is calling. Currently, the MX1 service is calling the ports of Qingdao, Busan, Yangshan, Ningbo, Xiamen, Nansha, Yantian, Singapore and Malta where shipments are trans-shipped to Durres and Thessaloniki. The MX2 service is now calling Qingdao…
APL Introduces Felixstowe Express Service for Asia-Europe Trade
APL, part of the CMA CGM Group, has announced the launch of the Felixstowe Express Service (FEX), a new weekly service that connects the key ports of China, Europe and Felixstowe – United Kingdom’s (UK) biggest and busiest container port. APL said that the new FEX service marks an important expansion of its Asia-Europe service network as APL begins calling at Felixstowe, one of Europe’s and the UK’s most vital ports. With Felixstowe’s close proximity to the main European shipping lanes…
APM Terminals Vado Aims to be Gateway to Central Europe
APM Terminals Vado, Italy Managing Director Paolo Cornetto highlighted the future role of the deepwater APM Terminals Vado facility, now under construction, as a new southern gateway to Central Europe. “We designed our new port around liner customers - and our landside customers – the importers, exporters and truckers - to help them do more business by tapping into the 70 million-member consumer market of northern Italy, southern Germany, Switzerland, Austria and eastern France within an eight hour proximity of our port," he said.
Faravelli Joins Sea-Fire Europe
A professional in fire engineering and safety, Alberto Faravelli has joined Sea-Fire Europe Ltd, a leading distributor of marine fire detection and suppression systems in Europe. Julia Phillips, general manager, made the announcement. Faravelli leads technical support, especially in the critical pre-sales and planning phase. Additionally, he engineers systems, using schematics and piping diagrams. His responsibilities extend to commissioning and startup of supplied systems, and continued technical assistance to customers.
Teixeira joins INTTRA as President, Europe, Middle East & Africa
INTTRA, the world's ocean shipping electronic marketplace, today announced that Philly Teixeira has joined INTTRA to serve in the newly created role of President, EMEA. Based in Copenhagen, Ms. Teixeira is responsible for INTTRA's EMEA financial, commercial and operational targets. She will be developing and maintaining high-level relationships with customers and partners, and strengthening INTTRA's business development efforts in the region. As a member of the Executive Committee she will participate in the development and execution of the company's overall growth strategy. Ms.
Freight Rates in Europe-ECSA Trade Continue Declines
Container volumes from North Europe and the Mediterranean to the East Coast of South America have now fallen in 26 of the previous 28 months, with the latest statistics from Datamar showing that shipments fell by 8% year-on-year in July. It is the smaller Med to ECSA trade that continues to experience the largest fall-off in volumes with the Datamar figures showing that exports from the Med were down by 12.2% Y/Y after seven months of 2016 to 117,500 teu; versus a decrease of 8.8% for North Europe exports to 306,400 teu.
Europe Gas Terminal Group Sees Transport Use for LNG
European operators of large and underused liquefied natural gas (LNG) terminal capacity bet on new uses for their product in ships and vehicles to absorb future arrivals from the global market, the group's president Wim Groenendijk said on Tuesday. While terminals only ran at a fifth of their capacity last year, GLE expects the EU bloc's green drive will help make them busier and absorb a wave of LNG from new origins such as the United States in coming years. The European Commission has started to acknowledge that gas has a bigger role to play in decarbonisation…
Aegean to Acquire H.E.C. Europe
Aegean Marine Petroleum Network Inc. announced today that it has entered into a definitive agreement to acquire all of the outstanding share capital of H.E.C. Europe Limited (H.E.C.), the parent company of Hellenic Environmental Center S.A. and a group of companies that together provide global port reception facilities services, from the shareholders of H.E.C., for aggregate consideration of approximately $367 million, including the assumption of certain indebtedness, which consideration is payable in the form of a combination of debt…
CMA CGM Upgrades Indian Sub-continent and Europe Services
The CMA CGM Group, a world leader in maritime transport, is pleased to announce it is reinforcing its offer, starting 2 April 2018, from Indian Sub-Continent, in a partnership with HLC, MSC, COSCO and ONE. With 2 weekly and complementary services, this new offer will provide expanded port coverage and will also reduce transit times and improve schedule reliability of existing services. With this unique offer, CMA CGM pursues its ambition to strengthen its service to the Indian Sub-Continent market.
Hamburg Süd: Upgrades Asia – Europe/Mediterranean network
Since February 2017, Hamburg Süd, through its partnership with 2M, has been able to offer its customers access to the world’s most comprehensive Asia – Europe/Mediterranean network. As part of a regular network review, and in an effort to enhance schedule reliability, the decision has been made to rearrange this network in the second half of the second quarter in 2018. Increased buffer times and eliminated duplicate port calls throughout the network allows schedules to better absorb delays and therefore reduces the need to omit ports.
Maersk, Hamburg Süd Improves Asia-Europe Services
While Maersk Line relaunched Asia-Europe Network to increase schedule reliability, Hamburg Süd upgraded schedule reliability in Asia – Europe/Mediterranean network. Maersk Line announced changes to its services connecting Asia and Europe to focus on improving the reliability of the world’s most comprehensive Asia-Europe network. Enhancements address customers’ needs for stable and efficient services and allow for competitive coverage of ports and main markets in both Asia and Europe.
Cepsa Debuts South Europe's First Multi-product LNG Supply Vessel
Cepsa presented in the Port of Huelva the first multi-product marine fuel supply vessel in southern Europe. The vessel, based in the port of Huelva, will provide ship to ship Liquefied Natural Gas (LNG), in addition to traditional fuels: fuel oils and diesel. State-of-the-art technology has been used in its construction including a new fuel measurement system, based on Mass Flow Meters technology, which guarantees the accuracy in the supply of fuel to vessels. The new multipurpose vessel (OIZMENDI)…
Yaskawa Announces Expansion Plan in Europe
Japanese technology group Yaskawa announced that it will intensify its presence in Europe, with the aim of becoming one of the two leading manufacturers of industrial robots in strategic target markets in the medium term. This investment plan follows a successful first wave of expansion initiated in 2014, which included the acquisition of The Switch, one of the leading manufacturers of advanced drive train technology for the marine, wind energy and industrial sectors. This makes…
Fecke Named CLIA Europe Secretary General
Tom Fecke will join Cruise Lines International Association (CLIA) on January 3, 2017 as Secretary General, CLIA Europe. Fecke will be responsible for managing the European region and will play a key part in strategically implementing CLIA Global programs across Europe. A seasoned professional in the travel industry, Fecke began his career as a travel agent. He holds a degree as master of business administration and had various management roles with Galileo/ Travelport and Avis Rent-a-Car. For more than eight years he worked for RCL Cruises as a regional General Manager.
EU Suspects Tax Fraud at China's New Gateway to Europe
European Union and Italian authorities are investigating suspected wide-scale tax fraud by Chinese criminal gangs importing goods via Greece’s largest port of Piraeus, a trade gateway between China and Europe, officials said.“The VAT is completely evaded, with enormous damage to the national tax authorities and to the community,” Fabio Botto, of the Italian Central Anti-fraud Office’s special investigative unit, said in an interview.He said the suspected scam at Piraeus, part of China’s vast Belt and Road infrastructure project…