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.
New Samskip container service for ACT
A new short-sea container service between Amsterdam and Hull will be formally inaugurated today (21 March 2018) with the first call of the 340-TEU vessel THEA II at Amsterdam Container Terminal (ACT). The new service, operated by leading short sea container operator Samskip, offers three sailings a week on this new route with vessels departing from Amsterdam on Mondays, Wednesdays and Saturdays. “Amsterdam Container Terminal offers shipping lines the opportunity to serve their customers in a fast, efficient, reliable and sustainable manner.
U.S. Wants Export Caps in Return for Scrapping Tariffs
The United States has set conditions for scrapping its planned punitive tariffs on steel and aluminum imports from Europe, German magazine Der Spiegel reported, including capping U.S.-bound exports of the metals at 2017 levels. The European Union has been pushing for talks to avert a trade war since U.S. President Donald Trump announced he would slap tariffs on a raft of high-value European exports in retaliation for alleged steel and aluminium dumping. The conditions named by U.S.
Trump Tariffs: EU Seeks Permanent Exemption
European Union leaders called on Friday for a temporary exemption from U.S. import duties on steel and aluminium to be made permanent, saying they reserved the right to respond in an "in a proportionate manner" to protect the bloc's interests. The 40-day exemption granted by Washington was like U.S. President Donald Trump "putting a gun to our head", Belgium's prime minister complained. The EU's trade negotiator demanded that the United States drop "artificial deadlines". Trump said on Thursday he would suspend tariffs for the EU…
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)…
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.
Amsterdam CT Connects with New Silk Road
A new direct connection has been launched between Amsterdam Container Terminal and Yiwu in China as part of the new Silk Road connecting two of the world’s leading economies. The first train set off on its 11,000 kilometre, 16-day journey on 7 March 2018 from the intermodal railhead at Amsterdam Container Terminal to the trading hub of Yiwu in Zhejiang province. Reflecting The Netherlands’ diverse export market, it carried a variety of Dutch-made machinery, mineral fuels, pharmaceuticals, technical equipment and chemicals.
Capacity Culls Insufficient to Reverse Rate Slump: Alphaliner
The idle containership fleet has reached its highest level in five years, with over 1 Mteu of vessel capacity currently unemployed. Carriers are removing capacity on most main tradelanes in response to weak market demand, with the Asia to Europe route witnessing some of the most drastic cuts. Of the 21 strings operated by the four main carrier alliances in the Far East to North Europe trade, two have been withdrawn by the ‘Ocean 3’ and 2M partnerships. The G6 and CKYHE meanwhile…
MSC Improves Cargo Transit Between Seville and the Atlantic
MSC Mediterranean Shipping Company, a global leader in transportation and logistics, is pleased to announce the launch of a new freight rail service between Seville, Spain, and the Atlantic, beginning 4 April 2018. The service is expected to run daily between Seville’s inland maritime port – Puerto de Sevilla – and the major coastal port hub of Sines, Portugal, with a capacity of more than 100 TEU (twenty-foot equivalent unit) per return journey. Shippers will have the possibility to obtain customs clearance for cargo at Seville’s inland maritime port…
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.
Proposed NATO Logistics Command Will Be Based in Ulm
A proposed new NATO logistics command aimed at deterring Russia would be based in the southern German city of Ulm, the German Defence Ministry told lawmakers on Tuesday. It said a broad plan for the new Joint Support and Enabling Command (JSEC) would be completed by mid-April, with a formal decision by NATO expected at a meeting of alliance defense ministers from June 7-8. “As a framework nation for the JSEC, we can make a significant contribution to burden-sharing in the alliance,” state secretary in the Defence Ministry Peter Tauber told lawmakers in a letter.
STX Group’s Plan to Sell 20% Stake in STX OSV
In response to the various media articles relating to the STX Group’s plan to sell a 20 percent stake in STX OSV Holdings Limited ("STX OSV"), the Board of STX OSV understands after clarification with STX Europe Holding AS (“STX Europe”), that STX Europe is continually exploring opportunities in relation to any strategic option of its interests in its subsidiaries including, STX OSV. The Board of STX OSV further notes that STX Europe is subject to and understands that STX Europe will comply with a lock-up period for its interest in STX OSV which ends 12 months from 12 November 2010…
Hamburg Welcomes Its Largest Ever Box Ship
The largest ever containership to call at the port on the Elbe berthed in Hamburg early on Thursday morning, March 15. The oceangoing giant CMA CGM Antoine de Saint Exupery made its maiden call at the Port of Hamburg's HHLA Container Terminal Burchardkai (CTB) where it will discharge approximately 7,000 TEU and load 4,000. The 400-meter-long CMA CGM Antoine de Saint Exupery, delivered to French owner CMA CGM earlier this year, has a capacity of 20,776 TEU. End-to-end, those containers would cover a distance of over 125 kilometers.
Global Logistics Index Hots Lowest in Four Years
The index that tracks shipper and freight forwarder confidence in the activity of the U.S.-Europe and Asia-Europe shipping lanes hit its lowest level in December in the index's nearly four-year history, reports Reuters. It has hit by lower margins for European freight forwarders such as Denmark's DSV because of overcapacity in shipping. The "Stifel Logistics Confidence Index," published by U.S. investment firm Stifel Financial Corp. and U.K.-based consultancy Transport Intelligence…
STX Europe Sells Shares in STX OSV Holdings Ltd.
STX Europe Holding AS, a wholly owned subsidiary of STX Europe AS (STX Europe), has agreed to sell part of its equity interests in STX OSV Holdings Limited (STX OSV) to investment funds affiliated with OZ Management LP (Och-Ziff). The placement of 215,590,000 ordinary shares by STX Europe will be at a price of S$1.33 per share. This amounts to approximately 18.27% of the total issued share capital of STX OSV. Following the sale, STX Europe will hold 598,851,000 shares in STX OSV equal to a majority shareholding of 50.75%.
Dittmann Named Chairman of SEA Europe
Kjeld Dittmann, the Managing Director of Lyngsø Marine A/S, is the new Chairman of the European Ships and Maritime Equipment Association (SEA Europe). He succeeds Govert Hamers, CEO of Vanderlande Industries in the Netherlands, who has completed his term as Chairman. The announcement was made at the SEA Europe Annual General Meeting in Istanbul on June 26 hosted by the Turkish Association of Ship Industrialists (full member of SEA Europe). “SEA Europe has established a strong voice in Brussels for both Europe’s shipyards and equipment suppliers…
Maersk Cuts 16% West Central Asia-Europe
Maersk Line, the container shipping unit in the A.P. Moller-Maersk group in Copenhagen, says it will cut about 16% of its capacity on the West Central Asia-Europe trade lane. "In our continuous effort to provide our customers with an attractive and competitive West Central Asia / Europe network - both in terms of capacity and coverage - Maersk Line is enhancing the ME1, ME2 and ME3 services and discontinuing the ME5 service with effect from October 2015," says a statement from the company.
Bleak Outlook for Asia-Europe Ocean Container Sector
Maersk Line cuts further capacity on the Asia-Europe trade on low demand, cuts AE5 service permanently & suspends the AE9 service. “We do not expect volume growth on the Asia-Europe trades this year so there is currently no need for the number of ships sailing”, says Vincent Clerc, Chief Trade & Marketing Officer for Maersk Line. “We expect a 3% slump on the Asia-Europe container trades for 2012 and are taking steps to adjust to this without reducing our market position”. “Further to the 9% capacity reductions we made earlier this year…
STX Europe New Contracts, Island Offshore
STX Europe has entered into new contracts with Island Offshore for the building of two Platform Supply Vessels. The vessels will be built at STX Europe in Brevik, and are based on the same design as Island Commander and Island Chieftain delivered from STX Europe earlier this year. The vessels are scheduled for delivery in Q4 2011 and Q1 2012. The total value of the contracts amounts to approximately $137.5m. The vessels are of Rolls-Royce UT 776 CD design, and will be number five and six in this series delivered from STX Europe to Island Offshore.
CKYHE Revises Asia-Europe, Med network
The CKYHE Alliance is reorganizing its service network for Asia-Europe and Asia-Mediterranean trades as the carriers try to counter the weak demand and excess capacity that is plaguing the route and dragging down freight rates. Members of the CKYHE alliance, one of the four major groupings covering the east-west trades, have agreed to reorganise their service network for the Asia-North Europe and Asia-Mediterranean trades this year. The Alliance is cancelling one of its six weekly strings between Asia and North Europe, as utilisation levels plummet and freight rates hit rock bottom.
Change of Management at Yanmar
Having reached the age of retirement, Geert Jan Mantel will resign from his position as President of Yanmar Europe B.V. as per June 30, 2014, a position he has occupied since April 1, 2002. He will simultaneously step down as Managing Director of the Yanmar Co. LTD Board of Directors in Osaka, Japan. He has served as a member of the Board since June 2009. Mantel will take the position as Corporate Advisor for the three newest 100% Yanmar owned subsidiaries in Europe, namely Yanmar Construction Equipment Europe S.A.S. of Saint-Dizier in France, Vetus B.V.
Little Change for November’s Logistics Confidence Index
Little month-to-month change as the November Stifel Logistics Confidence Index increased only 0.1 points to 59.0. Compared to November 2013, the overall index is up 1.9 points however, this is down from the October year-over-year increase of 3.8 points as noted in last month’s analysis. Is this an indication of an economic slowdown or is it simply due to the time of year? The present situation sub-index suggests it could be related to an economic slowdown. For airfreight, November 2013 data indicates strong gains were made.
Migrant Influx Puts Greek Port on Edge
The migrants bolted across a street and clambered over a fence into the Greek port at Patras, scouting around for trucks to stow away in. Dozens at a time scaled a 2-km stretch of fence one afternoon last week, playing cat-and-mouse with police officers who pushed them back only for the men to try again hours later. They are part of a growing number of migrants in Greece trying daily to smuggle themselves onto ferries at Patras to get to Italy. It's a dangerous passage but it has become more appealing since the closure in 2016 of the overland Balkan route to northern Europe.
Atlantis Chief Joins Ocean Energy
Tim Cornelius, CEO of global tidal developer Atlantis Resources has taken a seat on the Board of Directors of Ocean Energy Europe – the industry group for ocean renewable energy – by becoming a Lead Sponsor of the organisation. The move reflects Atlantis’ position as a leading developer of commercial tidal power projects and underpins its commitment to driving the market for ocean renewable energy. Following its acquisition of pioneering tidal company Marine Current Turbines earlier this year…
STX Europe to Build Simon Møkster PSV
STX Europe has entered into a new contract with Simon Møkster Rederi for the building of a Platform Supply Vessel (PSV). The vessel is of STX Europe PSV 09 CD design, featured with the new environmental friendly hull lines optimized for eco-drive in all weather conditions. The vessel is scheduled for delivery in Q4 2011. Roy Reite, President of STX Europe's Offshore & Specialized Vessels business area, said "We look forward to continuing the good cooperation with Simon Møkster Rederi. The vessel is arranged for regular platform supply duties.
Commander, Task Force 64 Established
U.S. Naval Forces Europe-Africa established Commander, Task Force 64, a command focused on Ballistic Missile Defense in Europe, in ceremony held in Naples Italy. Commodore Jeffrey Wolstenholme assumed command of the newly established Commander, Task Force 64 (CTF 64) during a ceremony held on U.S. Naval Support Activity Naples, Capodichino, in Naples, Italy March 24, 2016. U.S. Naval Forces Europe-Africa (NAVEUR-NAVAF) and U.S. Fleet Forces Command established CTF 64 to create a command focused on Ballistic Missile Defense (BMD) in Europe. Commander, U.S. 6th Fleet, Vice Adm.