ESL Shipping Acquires AtoB@C
Finnish dry bulker ESL ShippingLtd, a shipping company fully owned by Aspo Group, is going to acquire all the outstanding shares of AtoB@C Shipping AB and AtoB@C Holding AB (AtoB@C) that offer shipping services. The enterprise value is EUR 30 million. The final purchase price will be mainly financed by Aspo's existing financing reserves, and approximately EUR 4.2 million will be covered by new shares issued by Aspo Plc. The transaction will require the competition authority's approval in Finland to be completed.
Adonis software Suite to Support Viking's European Ferry Fleet
Adonis AS (Adonis),providers of global maritime HR solutions, has announced that Viking Line AB (Viking Line) will implement the Adonis Personnel Suite for their offices in Mariehamn, Finland and onboard six of their ferries. The implementation will include Adonis Safety Module for six vessels, the Adonis Day2Day planning module and the full Adonis Payroll Module. All modules will be customized per Finnish agreements and government rules. Viking Line is a market-leading brand in passenger traffic on the northern Baltic Sea.
Yanmar Hires Nordics Regional Manager
Yanmar Marine International has appointed Daniel Sundberg as its new Nordics Regional Manager to oversee sales, after-sales and marketing related to the manufacturer’s commercial and leisure marine engines and other Yanmar Group brands in Norway, Sweden, Finland, Estonia and Latvia.Sundberg's position encompasses the roles of Nordics Regional Manager, General Manager of Yanmar Norway and General Manager of Yanmar Sweden.According to Yanmar, the addition of a focused Nordics Manager…
Seaspan Shipyards Names Anttila COO
Seaspan Shipyards (Seaspan) appointed Jari Anttila as Chief Operating Officer (COO), who has more than 25 years of experience in shipbuilding and industrial operations. Previously with Philly Shipyard Inc. where he served as Senior Vice President, Anttila has considerable experience in successfully leading organizations through large shipbuilding projects. Prior to joining Philly Shipyards Inc., he held positions as Executive Vice President, Chief Operating Officer and Senior Vice President with Meyer Turku and its predecessors in Finland. Mr.
Lamarre Named CEO at Seaspan Shipyards
Mark Lamarre, who most recently served as CEO of Australian Shipbuilding Company (ASC), has been named CEO of Seaspan Shipyards effective immediately. Lamarre succeeds Brian Carter, who stepped down to pursue other opportunities.Lamarre’s appointment follows recent Seaspan Shipyards additions to the senior leadership team, including Jari Anttila (previously with Philly Shipyard Inc. and Meyer Turku in Finland) as COO and Christof Brass (previously with Airbus Group SAS) as CFO.Lamarre is an experienced shipbuilding executive with more 30 years of experience in operations…
Wärtsilä Intermodal Pact with VR Group
The technology group Wärtsilä and VR Group, a national railway operator owned by the Finnish State, deepen their partnership as Wärtsilä begins to recondition the engines of diesel locomotives. The agreement significantly extends the previous relationship between the companies. For VR Group, the agreement ensures professional and flexible maintenance and reconditioning services of its diesel locomotives. Under this agreement, Wärtsilä will be in charge of reconditioning and test running of over 200 diesel engines on 191 locomotives of three different types.
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
US, Panama Maritime Schools Partner
SUNY Maritime College said it has expanded its global reach by signing a memorandum of agreement with the International Maritime University of Panama, paving the way for further cooperation between the two institutions, including student and faculty exchange programs, collaborative research ventures and cooperative educational programs in a variety of areas including marine transportation and logistics, marine engineering, marine sciences and naval architecture. “Maritime College graduates enter a global industry,” said Dr.
North P&I Club Appoints Dawn Robinson as Global Director
North P&I Club has appointed a new Global Director of People as part of a company-wide focus on driving forward leadership and development. Dawn Robinson has joined the global marine insurer following three years in a world-wide role at Nomad Digital and previous appointments with Sage PLC as well as Finland based Outotec. Dawn brings with her a wealth of experience in change management, leadership and development, operations and employee relations. Working with the senior operations team…
EVAC to be Acquired by Bridgepoint
Evac is to be acquired by private equity group Bridgepoint. Headquartered in Espoo, Finland, Evac was established in 1979 and to date has successfully completed over 20,000 marine, 2,000 offshore, and 2,000 building projects for customers around the world. The company has offices in Brazil, China, Finland, France, Germany, South Korea, Norway, Sweden, and the USA, as well as representatives in more than 40 countries. Since 2014 Evac has been owned by the IK VII Fund. In the course of the fund’s ownership…
Finland's Manga LNG Terminal Gets First Cargo
The first shipload of liquefied natural gas (LNG) arrival to the LNG import terminal in Tornio, Finland, on Sunday November 19, 2017. The Manga LNG natural gas import terminal in Röyttä Harbor, Tornio, is a joint venture of the industrial companies Outokumpu and SSAB Europe, the energy company EPV Energy and the LNG company Skangas. LNG was shipped to the terminal by Coral Energy, a time-chartered LNG carrier operated by Skangas. Once completed in summer 2018, the import terminal will be the largest LNG terminal in the Nordic countries and the second LNG terminal in Finland.
Maritime Pilots Recognized with IMO Bravery Accolade
Two maritime pilots who defied fire to bring a burning ship to safety, averting a major maritime catastrophe, received the 2017 IMO Award for Exceptional Bravery at Sea during the 2017 IMO awards ceremony, held on Monday (27 November). Pilots Captain Michael G. McGee and Captain Michael C. Phillips, from Houston, United States, were recognized for their role in averting a major tragedy in September 2016. The ship they were piloting, the 247 meters-long tanker Aframax River, broke…
Hutchison Ports Acquires 50% Stake in TMA
Hong Kong's Hutchison Ports has acquired a 50% shareholding in Amsterdam-headquartered terminal and logistics operator TMA Logistics. TMA has a variety of general cargo terminal operations together with warehousing, shipping, logistics and project cargo activities at three sites in Amsterdam and one in Antwerp as well as at Hutchison Ports Amsterdam (former known as Amsterdam Container Terminal). Commenting on the acquisition, Clemence Cheng, Executive Director, Hutchison Ports…
Record Volume for Viking Line in 2017
The total number of passengers who travelled with Viking Line in 2017 was 6,881,149 (6,502,191) or nearly 6 per cent more than in 2016. That figure is the highest in Viking Line’s history. The number of cargo units was 127,668 (131,918) while the number of passenger cars was 762,253 (682,194). The Group also set an all-time record for passenger cars. The greatest increase in passenger volumes was on the Helsinki–Tallinn route, where capacity was enhanced from April to October. The volume on that route increased 15.7 per cent to 2,341,440.
Green Shipping: Cargo Carriers Clutch at Compliance
LNG looms as the bridge to a ‘zero emissions’ future for shipping. The advent of industry wide tightening of allowable sulfur emissions is getting nearer. Suddenly, with the deadline now just one year away, the countdown clock will very soon be ticking much louder. Simply stated, the cap on allowable sulfur content in marine fuels, presently at 3.5 percent in many geographical regions, will be reduced to 0.5 percent in January 2020. The 0.1 percent sulfur cap, already in effect since 2015 in coastal Emissions Control Areas (ECAs) in Europe and North America, will remain.
Finland Concerned over Rise in Russia's Cargo Ship Inspections
The Finnish government has voiced concern over surprise inspections on Finnish cargo ships visiting Russian ports in recent weeks, saying delays had been a problem for shipping companies. Neighboring Russia carried out seven thorough inspections in the past two weeks on Finnish ships at St Petersburg and other ports, without giving a specific reason, a government minister said on Friday. Such inspections usually take place for Finnish ships only a few times a year globally. “The inspections have been exceptional ...
Gasum to Set up Floating Gas Station Network
In line with the Nordic gas ecosystem, Gasum will be setting up heavy duty gas stations. The aim is to establish a tank infrastructure that meets the heavy transport segment's needs for rational logistics and accessibility. These establishments have been awarded an investment contribution from the Swedish Environmental Protection Agency in the Climate Climate Program. In all 16 service stations will be set up in the country at a total cost of SEK 92.6 million. By replacing diesel with liquid biogas (LBG) or liquefied natural gas (LNG) in the heavy vehicle segment…
Deltamarin Bags Ro-pax Design Contract
Deltamarin Ltd has signed a contract with Chinese Guangzhou Shipyard International Co, Ltd (GSI) for consultancy and engineering services for the DFDS ro-pax ferries. Deltamarin earlier carried out contract design of the ship concept for GSI in cooperation with the owner. Deltamarin will provide the yard with basic (approval) and detail design together with Safe Return to Port (SRtP) documentation. The contract covers all disciplines and all areas. The value of Deltamarin’s contract with GSI is about €5 million ($6.2 million).
EU Member States Ask to End Crippling Reporting Formalities for Ships
Led by Denmark, 13 EU Member States have called on the Commission to present an ambitious proposal on revising the Reporting Formalities Directive. Danish Shipping strongly supports the ambition to sufficiently eliminate the huge administrative burdens on maritime carriers in the EU. The current directive introduced the concept of National Single Windows as a way to harmonise reporting obligations from ships to a single electronic system in each Member State but failed to harmonise data requirements or the mechanisms for sending them thus creating more burdens on maritime carriers in EU.
Kalmar Backs Suomen Satamatekniikka Oy
Kalmar, part of Cargotec, has signed a Kalmar Care service agreement with Suomen Satamatekniikka, a subsidiary of Steveco, covering the maintenance and service of 16 Kalmar straddle carriers at the Port of Helsinki, Finland. The order was booked in Cargotec's 2017 fourth quarter order intake and the agreement comes into effect from the beginning of February 2018. Steveco, a leading port operator in Finland, employs approximately 850 people and has annual revenues of close to EUR 160 million.
Savannah Port's First Super Crane Starts Up
The first of Georgia Ports Authority's four new Neo-Panamax cranes came online this week, bringing GPA's operating fleet to 27 - more than any other single terminal in the nation. "Georgia's ports are dedicated to staying a step ahead of market demand," said GPA Executive Director Griff Lynch. The super-sized crane is tall enough to lift containers 152 feet above the dock. The crane started work before dawn Wednesday on a 13,300 twenty-foot equivalent container unit Hapag Lloyd vessel.
Valkonen Named CFO of Evac Group
Tuomo Valkonen, M.Sc. (Econ), has been appointed as the new Chief Financial Officer (CFO), Evac Group, effective as of May 1, 2018. He will be based in Espoo, Finland, and report to Tomi Gardemeister, President and CEO of Evac Group. Valkonen has more than 20 years’ experience in various financial roles. Previously, he has worked as the CFO at HKScan Group and CFO at CPS Color Group.
First New Crane Begins Work at Port of Savannah
The first of Georgia Ports Authority’s four new Neo-Panamax cranes came online this week, bringing GPA’s operating fleet to 27 — more than any other single terminal in the nation. “Georgia’s ports are dedicated to staying a step ahead of market demand,” said GPA Executive Director Griff Lynch. The super-sized crane is tall enough to lift containers 152 feet above the dock. The crane started work before dawn Wednesday on a 13,300 twenty-foot equivalent container unit Hapag Lloyd vessel.
Ferry Vessel Dagestan Completes Modernization
The vessel "Dagestan" with a length of 154.5 and a width of 18.3 meters was built in 1984 in Pula, the former Yugoslavia (currently Croatia). It was decided to repair and upgrade the ferry "Dagestan", withdrawn from operations 5 years ago. Modernization of the ferry, which is one of the unique vessels of its time, was completely executed by the engineering and technical personnel of the Azerbaijan Caspian Shipping Company at the "Zigh" Ship Repair and Construction Yard. It should be noted that the project of modernization…
Maersk Enlists Tech Firm to Boost Transparency
Shipping giant A.P. Moller – Maersk has enlisted a cloud-based Integration Platform as a Service (iPaaS) solution provider to help make its data available to external parties and improve customer visibility. Finland based Youredi, provider of a range of solutions related to big data, IoT and analytics, said it will work is to ensure that Maersk systems can be integrated to external platforms in an effective and cost-efficient manner, without a need to customize or change the existing systems in the ecosystem.
IRClass is Authorized RO for Netherlands
Indian Register of Shipping (IRClass) classification society has received authorization as a Recognised Organisation (RO) from Netherlands’ flag administration. The authorization comes just months after IRClass received authorization from Europe’s largest flag Malta in December last year. Netherlands ranks fourth according to performance ranking released by Paris MOU. To date, IRClass has secured authorization from four European flags including Latvia and Bulgaria – all within the past year or so.