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Sunday, August 25, 2019

Germany News

Pic: KfW IPEX-Bank

Dream Cruises Wins $2.9Bln from KfW IPEX-Bank

KfW IPEX-Bank, leading a consortium consisting of six international banks, is structuring the financing of two cruise ships for Genting Hong Kong Ltd. and its brand Dream Cruises.The Global Class I and II ships are currently being built in the three shipyards of MV Werften located on the Baltic Coast in the German federal state of Mecklenburg-Western Pomerania.The financing package comprises around EUR 2.6 billion with a total investment volume of just under EUR 3.1 billion.The…

Image: Thyssenkrupp Materials Services

ThyssenKrupp Expands EU Logistics Network

German industrial group thyssenkrupp AG. Materials Services  is investing around 70 million euros in the modernization and expansion of its European warehousing and logistics network.A state-of-the-art logistics center and new warehouses are to be built in Germany, Poland and Hungary, said thyssenkrupp Materials Services.The distribution and service provider of the thyssenkrupp Group said that the investments are an important part of thyssenkrupp Materials Services’ strategy.

Image © HHM / Annette Krüger

Port of Hamburg Reports Strong Growth in H1

Germany’s largest universal port Port of Hamburg remains on a growth course, achieving a distinct 4.1% advance to 69.4 million tons in seaborne cargo handling in the first half of 2019."Especially good growth trend in the general cargo segment, up 6.1 percent at 48.4 million tons, was the main contributor to the excellent figures for total and container handling," said a press release from the third-busiest port in Europe.The total for bulk cargo handling was just 0.3 percent…

AIDAnova. Image: Carnival Corporation

German Award for AIDA Cruises

AIDA Cruises' newest ship AIDAnova recognized with prestigious international certification for excellence  in environmentally friendly ship design by Germany's Federal Ministry for the Environment.Carnival Corporation, the world's largest leisure travel company and the owner of German brand AIDA Cruises, said that AIDAnova features several innovative approaches to "green cruising," including being the first cruise ship capable of being powered in port or at sea by liquefied natural gas (LNG)…

Photo: AIDA Cruises

LNG Cruise Ship Takes Shape in Germany

On August 15, 2019, the first steel cut took place at the Meyer Werft shipyard in Papenburg for the sister ship of AIDAnova, a world’s first cruise ship that is fully powered with liquefied natural gas (LNG). With the official start of construction for the second ship of this innovative AIDA ship generation to be put into service in spring 2021, the company is continuing its course and making a further contribution to reduced emissions in cruising. As early as 2023, the third LNG cruise ship of AIDA Cruises, “Made in Germany,” will set sail.

Pic courtesy: China-Europe Railway Express

China Launches Intermodal to Hungary

A new freight train service has been launched  linking Jinan, capital of east China's Shandong Province, and Budapest, capital of Hungary, making it the newest China-Europe freight train route.According to Xinhua, this is the fifth freight train service Jinan has opened to Europe and Central Asia.The city's port and logistics office said that goods can now reach 12 countries in Europe and Central Asia through the train routes.The report said that cargo trains have made 81 journeys from Jinan to Europe and Central Asia in the first half of this year…

Photo: Dachser

Dachser to Build North Germany Transit Terminal

To accommodate Dachser’s consistent growth in the industrial goods and refrigerated foods sectors, the logistics solutions provider is investing $20 million dollars to build a new branch as well as a new transit terminal in northern Germany.Expected to be completed in the third quarter of 2020, the new facility will be located in the Neumunster region. On August 7, 2019, the groundbreaking ceremony was conducted to celebrate the new facility, which will employee around 30 people.Construction work on the more than 600-square-foot plot of land will start at the beginning of September.

Photo: Hapag-Lloyd

63 Begin Apprenticeship at Hapag-Lloyd

At the beginning of August, 63 young colleagues began their apprenticeship program at Hapag-Lloyd.Thirty of them are learning the typical seafaring jobs like ship mechanic, nautical officer or technical officer, while the other 33 are training to become shipping merchants or to work in office management and in the areas of transport and logistics. In addition, 11 dual-track students are beginning their studies with Hapag-Lloyd. They will take classes in a variety of subjects such as maritime management…

Image: Iberdrola

Iberdrola Sells Stake in East Anglia One to GIG

Spanish public multinational electric utility company Iberdrola has entered into an agreement with Green Investment Group (GIG), part of Macquarie Group, to sell a 40% share in the East Anglia One offshore wind farm.The group will continue to be the majority shareholder, with 60% of this offshore wind farm, which will be one of the largest in the world when it enters into operation.According to transaction terms and conditions the entire value of EAO amounts to £4.1 billion and when the wind farm is operational in 2020…

DP World currently has five terminals in Dubai, three at the flagship Jebel Ali Port. Photo Credit: DP World

UAE Presence Grows in the Maritime World

Over recent years the United Arab Emirates has emerged as an important maritime hub with grand ambitions. Mark Venables visited the region to discover what is driving that growth.When the UAE was elected to the IMO Council as a Category B member, it immediately raised its profile within the maritime community. The Emirates have taken a significant step forward in the maritime world.Despite this success, the region remains a challenging market for shipping and logistics. One of…

File Image: A Chinese Naval Frigate underway. CREDIT: AdobeStock / © Vanderwolf

China Mulls Hormuz Naval Escort Role

China might escort Chinese commercial vessels in Gulf waters under a U.S. proposal for a maritime coalition to secure oil shipping lanes following attacks on tankers, its envoy to the United Arab Emirates said on Tuesday."If there happens to be a very unsafe situation we will consider having our navy escort our commercial vessels," Ambassador Ni Jian told Reuters in Abu Dhabi."We are studying the U.S. proposal on Gulf escort arrangements," China's embassy later said in a text…

Image: © HHM / Dietmar Hasenpusch

Hamburg Inland Waterway Volumes Grow

Port of Hamburg, Germany’s biggest universal port, said that in the first three months of 2019, at 2.57 million tons, the total quantity of cargo carried by inland waterway craft between the Port of Hamburg and its hinterland achieved double-digit growth of 12.1 percent.One limiting influence on the further development of quantities by inland vessel this year has been the barely navigable River Elbe caused by low water since May.From Stefan Kunze’s point of view; he is head of the Port of Hamburg Representative Office in Dresden…

© HHM / Dietmar Hasenpusch

Hamburg: Double-digit Box and Bulk Gains

Hamburg is Germany’s biggest universal port and, with 9.9 million tons throughput in 2018, its second biggest inland port. For the first quarter of 2019, the recently published inland vessel data from the northern statistics office reports 34,640 TEU – 20ft standard containers – for the Port of Hamburg. This represents an increase of 20 percent in comparison with the same period last year. Additionally, in the first three months of 2019, at 2.57 million tons, the total quantity…

File Image: a fleet oiler of the U.S. Navy underway with the fleet. CREDIT: U.S. Navy

U.S. Asked Germany to Join Hormuz Mission

The United States has formally asked Germany to join France and Britain in a mission to ensure safe shipping through the Strait of Hormuz, off the coast of Iran, and to combat Iranian aggression, the U.S. Embassy in Berlin said on Tuesday."We’ve formally asked Germany to join France and the UK to help secure the Straits of Hormuz and combat Iranian aggression. Members of the German government have been clear that freedom of navigation should be protected... Our question is, protected by whom…

A UK Naval warship on patrol. CREDIT: AdobeStock / © Peter Cripps

Denmark backs Britain's Hormuz Naval Plan

Denmark said on Friday it welcomed a British government proposal for a European-led naval mission to ensure safe shipping through the Strait of Hormuz and would consider a military maritime contribution.Britain has sought to assemble the mission in Hormuz, used by tankers carrying about a fifth of the world's oil, following Iran's seizure of a British-flagged ship in what London said was an act of "state piracy".The initiative won initial support from Denmark, France and Italy…


Photo: © HHM / Dietmar Hasenpusch

Kick Off for Elbe River Dredging

Hamburg has announced the works for the adjustment of the fairway have started. With the arrival of the hopper dredger “Scheldt River” the deepening and widening works of the river Elbe have officially kicked off.The port is already megaship-ready and can handle the largest containerships with a slot capacity of over 20,000 TEU, as well as other mega-vessels. Suitable berths and terminal equipment make that right possible now. Irrespective of the tide, after the fairway adjustment…

Pic: APM Terminals

APM Terminals Acclaims Maasvlakte II

The APM Terminals Maasvlakte II’s new rail service between the Rotterdam terminal and Venlo, a key logistics hub on the Dutch-German border has been a huge success so far, claimed the port operator.APM Terminals said that following the success of the initial five-times-per-week service, plans are already in place to scale this up to 14 times per week over the coming weeks. Venlo, a key logistics hotspot, was identified as an opportunity for the terminal following a gravity analysis involving key customers.

USN File photo: flight operations underway on the USS Boxer, the warship credited this week with downing an Iranian drone.

Stakeholders Ignore U.S. Middle East Coalition Proposals

The United States is struggling to win its allies' support for an initiative to heighten surveillance of vital Middle East oil shipping lanes because of fears it will increase tension with Iran, six sources familiar with the matter said.Washington proposed on July 9 stepping up efforts to safeguard strategic waters off Iran and Yemen where it blames Iran and its proxies for tanker attacks. Iran denies the charges.But with Washington's allies reluctant to commit new weaponry or fighting forces…

Image: Meyer Werft

AIDA Cruises to Trial Fuel Cells

The  American/British-owned German cruise line AIDA Cruises announced that it is planning the first practical trial of fuel cells (battery power) aboard an AIDA ship by 2021.The trial will take place in cooperation with Meyer Werft within the scope of the ‘Pa-X-ell 2’ project promoted by Germany’s Federal Ministry of Transport and Digital Infrastructure.The German brand of Carnival Corporation said in a press note that it has been focusing for many years in research into and the…

File Image: Cargo movement along an inland waterway in Germany (CREDIT: AdobeStock / 
 © digitalstock

Rhine water levels hit 2-month low

Water levels along the Rhine river, a key waterway for transporting commodities and other products from coastal areas to inland locations in France, Germany and Switzerland, fell to their lowest since May 21, Refinitiv Eikon data showed.Levels at the Kaub <WL-KAUB> location in Germany hit 201 centimetres and have been steadily declining since late June, the data showed.Oil barge brokers said the low water levels meant barges were leaving the Amsterdam-Rotterdam-Antwerp refining and storage hub to inland locations not fully laden.Water levels along the river hit a record low of 25 cm in October

File Image: A UK Navy warship on patrol (CREDIT: AdobeStock / © Peter Cripps)

Britain Foils Iranian Attempt to Block Tanker

Three Iranian vessels tried to block a BP-operated tanker passing through the Strait of Hormuz but backed off when confronted by a Royal Navy warship, the UK government said on Thursday.Britain urged Iran to "de-escalate the situation in the region" after the British Heritage, a Suezmax oil tanker operated by BP under an Isle of Man flag, was approached."HMS Montrose was forced to position herself between the Iranian vessels and British Heritage and issue verbal warnings to the Iranian vessels…

© Image'in/Adobe Stock

Market in Focus: Containerships

Newbuilding UpdateThe highlight for newbuild orders in the last 12 months must certainly be HMM’s mammoth order back in September 2018. The South Korean company placed en bloc orders at three top South Korean yards for almost $3 billion in total.• eight 15,300 TEU ULCVs from Hyundai• seven 23,000 TEU ULCVs from Daewoo• five 23,000 TEU ULCVs from SamsungThese huge orders equate to 20 new ULCVs at nearly 400,000 TEU total. Once live, the 23,000 TEU vessels will take the crown for…

Vado Gateway Terminal. Pic: APM Terminals

APM Terminals Opens Vado Gateway

APM Terminals has confirmed that its new Vado Gateway terminal, located in the Vado Ligure Port Complex, North Western Italy, will be inaugurated on 12 December this year.With the placement of the terminal’s last caisson this week - an important milestone in the build - the commercial team have been actively engaging with the market. The launch commenced with an event at the Genoa Aquarium last month.Future services offered by the terminal were presented to key managers from the main Maritime Companies and Shipping Houses operating in the Italian market.Once operational…

Boxship Operators Opt for Navis Loading Computers

Twenty newly built container vessels in the size ranging from feeder segment 2,300 TEU to 15,100 TEU have been selected to be equipped with MACS3.Oakland, CA and Flensburg, Germany—July 2nd, 2019—Navis, the leading provider of maritime software solutions for efficient and compliant cargo and vessel performance, has announced that it has been selected as a partner for liner operator, Yang Ming and ship owner and ship manager ChinaNavigation and Eastern Pacific. Through this partnership…

Photo courtesy of Paris MoU

Paris MoU Annual Report 2018 Published

“Consistent Compliance” : The Paris MoU has published its 2018 Annual Report on July 1, 2019, which can be found on the website. This report contains the details of the activities of the Paris MoU during 2018. In 2018 there were 24 Refusal of Access Orders (referred to as “bannings”) issued. This shows a decrease from 32 in 2017. Refusal of access (banning) has been used 77 times since 2016.The detention percentage decreased to 3.15% (from 3.87%) and the number of detainable deficiencies also decreased to 3,171 (from 3,883 in 2017).

AdobeStock / © Rawf8

Hopes for U.S.-China Trade Truce Boost Markets

Risk appetite returned to world markets on Thursday following a media report the United States and China have tentatively agreed to a truce ahead of a highly-anticipated weekend meeting of the two nations' leaders in Tokyo.The South China Morning Post (SCMP), citing sources, said Washington and Beijing were laying out an agreement that would help avert the next round of tariffs on an additional $300 billion of Chinese imports.On Wednesday, U.S. President Donald Trump said a trade deal with his Chinese counterpart Xi Jinping was possible this weekend…