Kiel Welcomes Saga Sapphire on Maiden Visit
The first of four visits to Kiel this season by the British shipping company Saga Cruises began early Thursday with the arrival on the Kiel Fiord of the Saga Sapphire with 640 English-speaking passengers on board. The flagship of the Saga fleet was met by a local tug near the Friedrichsort Beacon and within sight of the entrance to the Kiel Canal. To the accompaniment of a water fountain display by the tug, the ship was escorted to her berth at the Ostseekai Cruise Shipping Terminal. During the course of a reception later on the ship, port head Dr.
MSC Ships Get Bigger
MSC Cruises, the 4th largest cruise line, confirmed the existing STX France options to build an additional two ships in the Meraviglia class. The ships, valued by MSC at $1.7 billion, will be longer and bigger versions of the Meraviglia-class ship, which is scheduled to begin with the 167,600-gross-ton MSC Meraviglia in 2017. MSC now has four firm orders on the books from STX France, plus another three ships at Fincantieri. Furthermore, the two new next-generation ships known as Meraviglia-Plus will feature increased tonnage and overall size…
STX France Gets Contracts for Europa 2
STX France received an order to build a luxury cruise ship, the EUROPA 2. The new ship is being acquired by a third-party proprietary company outside the TUI group at the French STX shipyard and will enter service in 2013. The vessel, that will complement the EUROPA in the fleet of German cruise operator Hapag Lloyd-Cruises, will be designed and built according to latest international regulations and delivered in 2013. For STX France this new contract represents about 2.5 million working hours. Construction will start in September 2011.
France Gets EU Backing for Takeover Decree
France has received EU backing for a new decree allowing the government to block foreign takeovers of French companies in strategic industries, Economy Minister Arnaud Montebourg said on Thursday. In a surprise move, the government widened in May its control over mergers in industries deemed key to France's national interests as General Electric was seeking to buy the energy assets of French group Alstom. "The European Commission in recent days notified the French government of its approval of the decree as perfectly in line with European treaties," Montebourg said in a speech.
China Merchants Holdings Complete Terminal Link Deal
China Merchants Holdings (International) announce completed acquisition of a 49% stake in container port operators Terminal Link from CMA CGM. "The smooth completion of this transaction,"China Merchants Group Assistant President & CMHI Managing Director Dr Hu Jianhua indicates," reflects the recognition and consent to the transaction from the governments from whose regulatory units consents and approvals were obtained. "The smooth completion of this transaction,"China Merchants Group Assistant President & CMHI Managing Director Dr Hu Jianhua indicates…
DP World Chairman meets French President at Investment Summit
DP World Group Chairman and CEO HE Sultan Ahmed bin Sulayem recently met the President of France, Francois Hollande and senior government and business leaders at a major investment summit at the Élysée Palace in Paris. France’s attractiveness as an investment location and DP World’s projects in the country were highlights of the discussions which also covered infrastructure development, port centric development, distribution and export hubs, rail freight, customs, and other logistics topics.
DP World Eyes France
France is an attractive investment location for DP World’s projects related to infrastructure development, port centric development, distribution and export hubs, rail freight, customs, and other logistics topics, said DP World Group Chairman and CEO Sultan Ahmed bin Sulayem. He has recently met the President of France, Francois Hollande and senior government and business leaders at a major investment summit at the Élysée Palace in Paris. Bin Sulayem outlined DP World's contribution to global trade…
Areva Cutting as many as 6,000 Global Jobs
Loss-making French state-controlled nuclear group Areva plans to axe as many as 6,000 jobs, about 14 percent of its headcount, as it seeks to reduce labour costs by about 15 percent in France and 18 percent in total internationally. "We expect 3,000 to 4,000 job cuts in France and 5,000 to 6,000 globally, but more towards 6,000," Francois Nogue, human resources director for the group, said on Thursday. The job cuts in France will be part of the global headcount reduction, which the company hopes to complete by the end of 2017.
Shipbuilding Merger: Germany, France Reportedly Eye Deal?
Germany and France are considering merging their naval shipbuilding operations, according to a report from Reuthers which cited a German newspaper report, in a deal that would be one of the largest industrial partnerships in a decade. ThyssenKrupp , French naval shipyard DCNS and the two governments reportedly plan to hold talks soon, daily Financial Times Deutschland reported on Monday. (Source: Rueters)
This Day in Navy History
1800 - U.S. concludes treaty of peace with France, ending Quasi War with France. 1944 - USS Nautilus (SS-168) lands supplies and evacuates some people from Panay, Philipppine Islands. 1946 - U.S. Government announces that U.S. Navy units would be permanently stationed in the Mediterranean to carry out American policy and diplomacy. 1958 - Marines leave Lebanon.
Strike In France: Implications for Tanker Demand
After the oil industry suffered from a severe drought in Venezuela, forest fires in Canada and rebel attacks on oil installations in Nigeria, it is now facing the consequences of a national strike in France, where members of the trade union CGT have organized strikes at the country’s refineries and blocked oil terminals and fuel depots, says the Tanker Research & Consulting department at Poten & Partners. The situation seems to be worsening as more unions join the CGT and clashes break out between protestors and the police.
ClassNK Opens Survey Office in France
Classification society ClassNK has opened its new Nantes Office in western France, with operations commencing June 1, 2016. With survey offices already established in Dunkerque and Marseille, ClassNK’s newest location marks its third exclusive survey office in France.
CMA CGM to Resume Service to Iran
The world's third-largest container shipping group, France's CMA CGM, said on Monday it would resume operations to Iran following the deal between Tehran and world powers over the Middle Eastern country's nuclear program. "Following the recent positive developments involving Iran and the P5+1 Group - comprising the U.S., China, France, the UK, Germany and Russia - and with the conclusion of the joint comprehensive plan of action, CMA CGM Group has decided to resume service to Iran starting (at the) beginning August 2015," it said in an email.
Technip to Modernize Flexi France
Technip announces an investment over four years to modernize its flexible pipe manufacturing plant, Flexi France, in Le Trait, France. Further strengthening Technip’s expertise and industrial capabilities at the site will reinforce its global position in the production of flexible pipes, for the development of offshore oil and gas fields. This modernization plan focuses on the installation of new-generation machines and site optimization to fit 12 meter diameter reels, on which flexible pipes are spooled.
Russian Shipyard Cuts First Metal for Mistral-class Warship
Baltic Shipyard cuts metal for the hull of first Mistral-class amphibious assault ship for construction in France. Russia and France signed a US$1.2-billion contract on two French-built Mistral class ships, including the transfer of sensitive technology, in June 2011. Under the contract, STX France will carry out the final assembly of the hulls from 24 blocks produced in Russia. STX France handed over in July the first batch of technical documentation on the Mistral project to Russian subcontractor Admiralty Shipyards.
Fincantieri Buys 50% STX France
The Italian shipbuilder Fincantieri signed Friday an agreement to buy 50% of the share capital of France's STX Shipyard, for 59.7 million euros. This takeover is part of the agreement in principle reached in September between France and Italy, which put an end to months of tension between the two countries. "The signing takes place after the resolution of the share purchase agreement previously signed between Fincantieri and STX Europe on May 19, 2017 as a consequence of the exercise…
GAC Yacht Team Wins in France, Now Faces Bermuda Challenge
GAC Pindar skipper Ian Williams & team arrive for the Argo Group Gold Cup after winning in Match Race France. After a spectacular conclusion to the Match Race France last weekend, which saw the GAC Pindar skipper battle the elements against young Kiwi William Tiller (Full Metal Jacket Racing), Williams and his winning crew were in high spirits as they landed on the island of Bermuda. The Argo Group Gold Cup is the world’s oldest Match Racing event involving International one-design yachts.
Milestone Reached in Take-over Cruise Ship Construction
At the STX shipyard in Saint-Nazaire, France, two commemorative coins are welded to 'MSC Preziosa’s' mast radar, to mark a construction milestone. Earlier this year, following the termination of the agreement with the original owner, MSC Cruises signed a contract to take over the 140,000-ton cruise ship. Renamed MSC Preziosa, she will be the 13th addition to the MSC Cruises’ fleet, as well as the fourth ship in the series of Fantasia class ships. MSC Preziosa is 1,092 feet long, 124 feet wide, and weighs 140,000 gt and the 4,345-guest luxury cruise ship will have a speed of 23 knots.
Vizada, Météo-France Weather Service Contract
Vizada, an independent satellite communications provider, and Météo-France, ameteorological center, have renewed their agreement to provide digital weather information and software to the maritime community. The partnership signing coincides with the release of a new version of its SkyFile Weather solution, based on Météo-France’s latest Navimail software. The new version of SkyFile Weather delivers meteorological information to crew more rapidly through a direct internet connection established via the mobile satellite terminal.
Bureau Veritas Selects New Offshore Lead
Bureau Veritas has appointed Matthieu de Tugny as Senior Vice President in charge of offshore activities within the marine and offshore operating group. He is tasked with driving forward Bureau Veritas Group initiatives in the oil and gas offshore market and enhancing Bureau Veritas’ technical leadership and recognition in this market. Matthieu de Tugny graduated from the Ecole Nationale de la Marine Marchande, France and from the Ecole Supérieure d'Electricité, France as an engineer. He started his career at Bureau Veritas in 1994 in the Electricity and Automation Section.
STX Europe, MSC Cruise LOI for Newbuild
STX Europe’s subsidiary, STX France SA and MSC Cruise has signed a letter of intent for the construction of a new large cruise ship at its St. Nazaire shipyard in France to be delivered in mid - 2012. The new cruise ship will be a sister ship of MSC Fantasia and MSC Splendida, which were delivered from STX France's St. Nazaire shipyard in December 2008 and July 2009, respectively. The new vessel will be the 9th cruise ship built in St. Nazaire for MSC Cruises. The new cruise ship will have a length of 1,082.6 ft and a size of about 140,000 GT.
STX Europe Company Update
STX France has recently experienced cost overruns mainly related to one of its cruise vessels under construction at its St Nazaire shipyard. The cost overrun could represent a negative deviation up to $20.3m – 27.1m, but every possible effort is being made to limit such cost overrun. The physical construction of the vessel is however in good progress, and the vessel is expected to be delivered on-time and to the client's full satisfaction. STX France has a solid working capital position, and the funding of such cost overrun will be managed from the existing working capital in STX France.
Offshore Wind Power Europe: Areva & STX France Ally Expertise
The companies agree to jointly make wind turbine and foundation offers on major European projects. AREVA will bring its expertise in design and production of wind turbines and STX France its know-how in specialized offshore foundations, with a view to strengthen competitiveness of offshore wind power in a European market that should see its installed base reach around 40,000 MW by 2020. STX France would, in addition to designing the foundations, be responsible for complete or partial manufacture of the structures.
FairfieldNodal Expert Moving to France
To better meet the growing demands in Europe for its cable-free ZLand and Z700 seismic systems, FairfieldNodal is pleased to announce that Serge Rambaud will be relocating from the US to France. Rambaud has served as the regional sales manager for the Americas for 15 years. From his new location, he’ll be able to provide clients with faster response and regional expertise, as well as track current trends in the European market.
Could US Sanctions Hit Iranian Crude Exports?
Oil prices are at more than three-year highs, driven by an expectation that renewed U.S. sanctions on Tehran over the country's nuclear program will disrupt Iranian crude flows.But without the Europe Union, or Iran's other big crude customers, joining the effort, as the EU did in 2012, it will be harder for Washington to hit Iran where it really hurts.U.S.
Fincantieri the Sole Bidder for STX France
Italian shipbuilding and construction group Fincantieri SpA is the only bidder for shipping group STX France, a source close to the matter said on Tuesday. The sale of STX France, which specialises in building cruise ships in the western France city of Saint-Nazaire and is profitable, forms part of the broader sale of businesses from the collapsed STX shipbuilding group. A spokesman for a Korean court overseeing the process had said earlier on Tuesday that one bid had been received for the STX France business, without giving a name.