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Sunday, September 27, 2020

Europe News

(Photo: CMA CGM)

World's Largest LNG-fueled Containership Delivered

The world's largest containership to be powered by liquefied natural gas (LNG) has officially joined the fleet of French container shipping group CMA CGM, during a digital naming ceremony at CSSC’s shipyard in Shanghai.CMA CGM Group’s new flagship, CMA CGM Jacques Saadé, named after the group's founder, is the lead vessel in a series of nine LNG-powered, 23,000 TEU containerships ordered in 2017.Rodolphe Saadé, CMA CGM Group’s chairman and CEO, announced in November 2017 that the vessels would be equipped with LNG-powered engines…

© photobar / Adobe Stock

OSM Nears Deal to Acquire SeaTeam

Norway-based ship management company OSM Maritime said Monday that it is nearing a deal to acquire Singapore-headquartered competitor SeaTeam Management from Frontline Ltd and Golden Ocean Group Limited.The acquisition, which is in final negotiations and remains subject to definitive documentation, is expected to be completed within the next 30 days, OSM said.“We look forward to finalizing our agreement with Frontline and Golden Ocean, after engaging in a very constructive dialogue,” said Tommy Olofsen, chair of OSM Maritime.

CSL Frontenac loading grain at the Port of Thunder Bay. Photo Credit: Michael Hull, Chamber of Marine Commerce)

Grain Shipments via St. Lawrence Seaway Climb

Canadian grain shipments through the Great Lakes-St. Lawrence Seaway trade corridor are up 20% in response to continuing world demand for wheat and canola, the latest figures show.Year-to-date shipments of grain (from April 1 to August 31) totaled 5.2 million tonnes, as ships transported Prairie wheat and canola and Ontario wheat and soybeans for both domestic use and for export to markets around the world.The rush of grain, which is carry over from last year’s crops, has helped to offset continuing pandemic-related declines in other key cargoes such as iron ore (down 23%)…

© Nord Stream 2 / Axel Schmidt

Germany Offered to Build LNG Terminals to Avert US Pipeline Sanctions

Berlin offered to spend 1 billion euros ($1.2 billion) to build two liquid natural gas terminals in a bid to dissuade the United States from imposing sanctions over the Nord Stream 2 pipeline, due to bring gas directly from Russia to Germany, Die Zeit reported on Wednesday.The weekly paper said Finance Minister Olaf Scholz made the proposal in an Aug. 7 letter before Washington imposed sanctions on companies involved in building the Baltic Sea pipeline, effectively freezing its…

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EU Parliament Votes to Make Ships Pay for Their Emissions

The European Parliament on Tuesday voted in favour of including greenhouse gas emissions from the maritime sector in the European Union's carbon market from 2022, throwing its weight behind EU plans to make ships pay for their pollution.Shipping is the only sector which does not face EU targets to cut emissions, but it is coming under increased scrutiny as the bloc attempts to steer industries towards its plan to become "climate neutral" by 2050.In a vote on Tuesday, EU lawmakers said the bloc's carbon market should be expanded to include emissions from voyages within Europe…

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Yara Marine Launches Start-up Accelerator Program

Norway-based Yara Marine Technologies says it is running a competition for start-ups to accelerate the growth of technologies and solutions that will contribute to a greener maritime industry.“Our corporate mission is to nurture the next generation of high value, high performance sustainable ocean technologies,” says Yara Marine CEO Thomas Koniordos. “With this new program, we are seeking to position Yara Marine in the global start-up space while developing new opportunities for…

Samskip Reinstates Amsterdam-Hull Service

Multimodal transport operator Samskip said it is reintroducing direct links between Amsterdam and Hull in response to recovering North Continent-UK unitized traffic, in a service renewal that reinforces containerized short sea options ahead of finalized Brexit trade negotiations.Starting from September 5, the three-times weekly service will depart from the TMA Terminal Amsterdam and connect into Associated British Ports’ terminal at Queen Elizabeth Dock, Hull, once more augmenting Samskip’s regular and separate Rotterdam-UK routing.The Amsterdam-Hull link was suspended in March…

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Uncertainty Weighs on Tanker Markets -MSI

Increasing port delays in Asia, U.S. and Europe will provide only limited support and MSI predicts rates will fall further in Q3.After three months of OPEC+ production cuts, tanker markets are feeling the pressure with both crude and products sector earnings moving lower in July according to Maritime Strategies International.Back in May MSI forecast quarterly average Aframax one year time charter rates to fall from $32,400/day to $21,600/day at a time when spot markets were seeing record levels.

(Photo: Bureau Veritas)

Bureau Veritas Expands Marine and Offshore Services in N. America

Testing, inspection and verification services firm Bureau Veritas (BV) said it has taken a number of steps to broaden and deepen its marine and offshore services in North America.The opening of a new remote survey center in Miami is the latest step in the delivery of digital services across the Bureau Veritas network, providing yet further global coverage for remote surveys.Florida-based Tropical Shipping’s fleet has now benefited from remote survey services on three of its vessels sailing in the Caribbean trades.

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LISCR Expands Its Leadership Team

The Liberian Registry said it has augmented its leadership team to help keep pace with nearly 12% over the last 12 months. The Liberian International Ship and Corporate Registry (LISCR) has added to its ranks Thomas Klenum as Senior Vice President of Maritime Operations, and Reynaldo Garibaldi as Senior Vice President of Maritime Operations and South America.Klenum, based at the Registry’s headquarters, is in charge of the Regulations and Standards, Investigations, and Fleet Security and Certifications Divisions.

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China Ramps up US Oil Purchases Ahead of Trade Deal Review

U.S. crude oil shipments to China will rise sharply in coming weeks, U.S. traders and shipbrokers and Chinese importers said, as the world’s top economies gear up to review a January deal after a prolonged trade war.Chinese state-owned oil firms have tentatively booked tankers to carry at least 20 million barrels of U.S. crude for August and September, the people said, moves that may ease U.S. concerns that China’s purchases are trending well short of purchase commitments under the Phase 1 of the trade deal.China had emerged as a top U.S.

(Photo: Ecochlor)

Ecochlor Expands Service Support Network in Singapore

U.S.-based ballast water management system (BWMS) manufacturer Ecochlor announced it has opened a service support center in the world's top shipping hub. Michael Madely, VP of Global Service at Ecochlor, said the new Singapore location is the first of many planned for Ecochlor’s spare parts support network outside the United States.“Having an inventory of spare parts located in Singapore will provide a faster response time to all vessels in Asia with our system on board. Our goal is to have parts located in the three main time zones – Asia…

Videlina Georgieva (left) with Lise Dumant (right) (Photo: Svitzer)

Svitzer Announces Leadership Changes

Towage operator Svitzer announced Monday that effective September 1, 2020, Lise Demant will leave her role as global chief commercial officer and take up the position of managing director for Svitzer’s Europe region, succeeding Kasper Friis Nilaus, who was recently appointed CEO of Svitzer A/S. Also effective September 1, Videlina Georgieva will succeed Demant as global CCO and enter Svitzer’s global leadership team.Both Demant and Georgieva are based in Copenhagen and will report to Nilaus.Demant joined Svitzer in 2013 as chief operating officer in Svitzer Asia Pte Ltd.…

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Beirut Blast a Wake-up Call on Dangers of Ammonium Nitrate

The devastating explosion in Beirut should be a wake-up call for countries on the dangers of ammonium nitrate, which caused the blast, experts say.Lebanese authorities said 2,750 tonnes of the industrial chemical had been stored for six years at Beirut port without safety measures. That stockpile exploded on Tuesday, killing more than 150 people, injuring thousands and leaving about a quarter of a million people homeless.Commonly used in fertilizers and as an industrial explosive…

Stena Gothica is one of the vessels operating Liepaja-Karlskrona-Travemünde. Photographer: Stena Line/Ann-Charlotte Ytterberg

Stena Rederi Opens New Baltic Route

From August 13, 2020, Stena Line will start a new freight focused connection between Latvia, Sweden and Germany by adding a port-call in Karlskrona on the existing ferry route between Liepaja and Travemünde.Stena Line today offers seven routes in the Baltic Sea for freight and passenger transportation. The additional service to freight customers a port-call in Karlskrona on the existing route between Liepaja and Travemünde, enabling more effective trade and transport opportunities…

Dennis de Bruin (Photo: BMT)

BMT Names de Bruin Managing Director for Europe

BMT announced Dennis de Bruin has been appointed Managing Director for BMT’s Commercial Shipping Europe business, with immediate effect.A BMT employee since 2004, de Bruin has more than 20 years of experience in the maritime industry. He has served for the last seven years as Marine Director for BMT's nautical and cargo department of the Rotterdam office.He will succeed Jeroen de Haas as Managing Director of our European offices in the Netherlands, Belgium and Switzerland, who has been at the helm of Commercial Shipping Europe since 2001…

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US Oil Exports to Europe Rebound

The United States has increased oil supply to Europe in July for the first month since May, making up for output cuts from OPEC+ members, according to traders and Refinitiv Eikon data.U.S. crude supply to Europe reached nearly 31 million barrels in July, according to Refinitiv Eikon data as of July 24. With crude prices back above $40 a barrel, U.S. producers have rushed to claim market share while the Organization of the Petroleum Exporting Countries and allies, known as OPEC+, is still cutting supply drastically.U.S.

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From Arabian Gulf to Horn of Africa: the Politics of Port Infrastructures

A team of experts aims to examine how increasing Gulf investments in port infrastructures in the Horn of Africa has shaped its political landscape.Backed by funding from the Carnegie Corporation New York, the $500,000 research project will explore the relationship between the Middle East and East Africa – focusing on port infrastructures and transport corridors.Carnegie Corporation is the philanthropic foundation established by Andrew Carnegie in 1911 ‘to promote the advancement and diffusion of knowledge and understanding’.

Nancy Verstraeten (Photo: MWG)

Maurice Ward Group Opens Antwerp Office

Freight-forwarding and logistics company Maurice Ward Group has opened a new office in Antwerp, Belgium.The office will be led by branch manager Nancy Verstraeten, who brings to the role more than 20 years of freight forwarding experience.“We see Belgium as the ideal hub for supporting the other Maurice Ward agencies in Europe and of course also the international agents. Belgium may be a small country but Antwerp has a strategic location in Europe at the intersection of major traffic and trade flows…

Photo: ©Hasenpusch

SMM 2021: Plotting a Course Forward for the Global Maritime Community

As the maritime world collectively feels its way forward in a time now defined by the COVID-19 pandemic, the organizers of the SMM in Hamburg, traditionally the world's largest and most influential maritime and shipbuilding trade event, share market overview insights on the economic consequences of the coronavirus pandemic throughout the the shipping industry.The Covid-19 pandemic has turned the world economy on its head. “The recession this year will likely be more severe, and recovery in 2021 will be slower than we anticipated two months ago…

Neil Palomba (left) and Gus Antorcha (Photos: Carnival Corp)

Carnival Makes Leadership Changes at HAL, Costa

Carnival Corporation announced another set of moves within its global leadership team as part of the company's broader efforts to streamline operations and prepare the organization for the eventual resumption of cruising amid the coronavirus health crisis.Gus Antorcha, currently chief operations officer for the group's Carnival Cruise Line brand, has been named president of the company's Holland America Line, while Neil Palomba, currently president of the company's Italy-based Costa Cruises…

Sören Scheid (Photo: Ecochlor)

Ecochlor Hires Scheid as Europe Business Development Manager

U.S.-based ballast water treatment systems manufacturer Ecochlor announced Sören Scheid will be managing the company's new office in Germany as the Regional Business Development Manager for Europe, Scandinavia and the U.K.Scheid brings to the role more than 10 years of work experience in the maritime industry, including roles in sales, process engineering and operational environmental protection.The Ecochlor ballast water management system (BWMS) uses a two-step process to treat ballast water; filtration followed by an injection of chlorine dioxide (ClO2) into the ballast lines.

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Shipping Emissions to Be Included in EU Carbon Market

European lawmakers agreed on Tuesday to include international carbon emissions from the maritime sector in the EU carbon market, targeting an industry that does not yet pay for its pollution.They also called for binding targets for shipping companies to reduce the annual average CO2 emissions of all ships when in operation, by at least 40% by 2030 compared to 2018 levels, going further than an original European Commission proposal.Pollution from ships plying international waters usually escapes countries’ domestic emissions-cutting targets…

From L to R: Kjetil Vatne, Tor Martin Buene, Sindre Tronstad and Trygve Altenborg.

Van Aalst Group Launches Nortek Services AS

To provide preventive and predictive maintenance services, combined with workshop services for clients operating worldwide in the offshore oil, gas, marine and renewables industry, the Dutch Van Aalst Group recently set up Nortek Services AS in Kristiansand, Norway.According to Wijnand van Aalst, CEO of the Van Aalst Group and Safeway, the initiative to launch Nortek stems mainly from the rapid growth currently taking place at a number of Van Aalst companies. Safeway from the Netherlands has achieved success with its motion-compensated gangways and Techano in Norway…

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Will Container Shipping Woes of the 2010s Repeat?

Reduced volumes are currently posing a major challenge to container shipping due to the COVID-19 crisis. So far, freight rates have been held up by the massive blanking of sailings that carriers have put in place.However, even before this crisis, the container shipping industry was saddled with overcapacity carried over from the previous decade, a problem that will rise again due to the demand fallout from the COVID-19 pandemic.To understand the challenges that the container shipping market will face in the coming years…

Kasper Karlsen (Photo: Svitzer)

Svitzer Europe Names Karlsen COO

Kasper Karlsen, Senior Director at Maersk Drilling, will join Svitzer Europe as Chief Operating Officer from 1 July 2020, the company has announced today.Karlsen joins Svitzer Europe as COO after nearly 13 years with Maersk Drilling, where he has held a variety of leadership roles spanning the organization’s operational, technical and support functions. He was recently Head of Transformation Office and Customer Solutions at Maersk Drilling. Karlsen holds a Master's Degree from the Technical University of Denmark in Naval Architecture and Marine Engineering…