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Sunday, April 21, 2019

Germany News

Pic: Port of Rotterdam

Volume Rises at Port of Rotterdam

Port of Rotterdam posted a record overall freight tonnage in the first quarter of 2019, up 5.1% on the same period last year, thanks to strong growth in container traffic.In total, 123.9 million tonnes were handled compared with 117.8 million tonnes in the same period in 2018."The increase mainly concerned the throughput of containers (+7.3% in TEU, +5.9% in tonnes) and fuels. Mineral oil products, iron ore and scrap throughput fell," said a press release from the largest port in Europe…

Peter Voser (Photo: ABB)

Voser Steps in as Interim CEO at ABB

ABB Chief Executive Ulrich Spiesshofer has quit the Swiss industrial group as the board and major shareholders look for a speedier turnaround at the maker of industrial robots and supplier of factory automation.Spiesshofer’s abrupt exit follows the launch of the biggest overhaul in ABB’s 31-year history to reposition the company more toward digital industries and agreeing to activist shareholder demands to sell its power grids business.But the latest revamp by the former management consultant failed to revitalize ABB’s stock…

Breakbulk Europe Returns to Bremen in 2020

Breakbulk Europe, the world’s largest event for the project cargo and breakbulk industry, will return to Bremen, Germany, for the third consecutive year in 2020 at Messe Bremen from 26-28 May.The official signing took place today at the Bremen Town Hall between Martin Günthner, Minister of Economic Affairs, Labour and Ports of the Federal State of Bremen, Germany, and Nick Davison, Portfolio Director for Breakbulk Events, ITE Group. Joining the two cosigners were Hans Peter Schneider…

Image: DEME

DEME Wins Elbe Deepening Contract

DEME, an international group of specialized companies involved in complex marine engineering works, has won a major contract to carry out the deepening of the Elbe fairway in Germany.The Belgian dredging, environmental and marine engineering group said that its German subsidiary Nordsee Nassbagger- und Tiefbau GmbH, based in Bremen, has acquired the maintenance dredging contract on the River Elbe in Germany.The contract has been awarded to a joint venture, including DEME’s German subsidiary, for a period of two years.

File Image: AdobeStock / © Nightman 1965

Trade Hopes Buoy World Shares

Cautious optimism over Sino-U.S. trade talks underpinned global stocks on Friday as benchmark bond yields ground higher and lifted the dollar to a three-week high against the yen ahead of U.S. job data.U.S. President Donald Trump said on Thursday a trade deal with China might be announced within four weeks, although he warned that it would be difficult to allow trade to continue without an agreement. Chinese President Xi Jinping reportedly said progress was being made and called for an early conclusion of talks.The pan-European STOXX 600 index nudged higher…

(Photo: Dachser)

Dachser Reports Year of Growth

German-headquartered logistics provider Dachser posted 5.5 percent growth in 2018 on record shipment and tonnage figures, driven primarily by its European export business.The company reported increased consolidated net revenue of EUR 5.57 billion (USD 6.58 bn), with shipment numbers lifted 2.5 percent to 83.7 million and tonnage up 3 percent to 41.3 million metric tons.While the global logistics provider’s growth was boosted by economic conditions, it said certain challenges became increasingly apparent: the shortage of professional drivers and logistics operatives…

Growth for the mobile harbour crane range: The new LPS 420 E is a purely electric gantry crane and operates completely emissions-free (Photo: Liebherr)

Liebherr Turnover Tops $11 Billion

The Liebherr Group notched up a company record turnover of $11.8 million in 2018, representing an increase of $828 million, or 7.5 %, compared with the previous year.Despite a slight decline in overall economic growth, revenues from construction machinery and mining equipment rose by 10.8 % to $7,761 million, with especially strong contributions from the Earthmoving, Mobile Cranes and Mining divisions. In the other product areas, which include Maritime Cranes, Aerospace and Transportation Systems…

Image: Hamburg Messe und Congress GmbH

Queens of the Oceans Come for Hamburg's Port Anniversary

Four magnificent tall ships  will come to Hamburg for the 830th Hamburg Port Anniversary from 10 to 12 May – Alexander von Humboldt II, Kruzenshtern, Sedov and Mir.The Queens of the oceans will participate in the grand arrival and departure parades in the heart of the city, on the Friday and Sunday respectively, and invite visitors to look around on board, said a press release from Germany's largest port.Alongside these amazing tall ships, the Hamburg Port Anniversary will be a meeting place for some 300 vessels of all kinds…

Photo: Saga Cruises

Steel Cut for Saga's Spirit of Adventure

Saga Cruises has held the steel cutting ceremony for its second new-build cruise ship at a ceremony at the Meyer Werft shipyard in Papenburg, Germany.Spirit of Adventure, which launches in 2020, is the sister ship to Spirit of Discovery, which sets sail in July this year."The event took place yesterday (March 27) at the Meyer Werft shipyard, to mark the start of construction of the 999-guest vessel," said a press release from the British based cruise line, a division of the Saga Group.

Pic: Konecranes

Konecranes Bags Straddle Carriers Order

The provider of smart port solutions Konecranes’ long relationship with the EUROGATE Group continues with the signing, early this year, of an order for 17 Konecranes Noell Straddle Carriers for EUROGATE Container Terminal Hamburg.According to a press release, this order follows upon the delivery in 2018 of 43 Konecranes Noell Straddle Carrier to EUROGATE Container Terminal Hamburg and Bremerhaven and MSC Gate Bremerhaven.Konecranes’ relationship with the EUROGATE Group extends back to the beginning of containerization 50 years ago.

17 Konecranes Units for EUROGATE Hamburg

Konecranes’ relationship with the EUROGATE Group continues with the signing of an order for 17 Konecranes Noell Straddle Carriers for EUROGATE Container Terminal Hamburg. This follows upon the delivery in 2018 of 43 Konecranes Noell Straddle Carrier to EUROGATE Container Terminal Hamburg and Bremerhaven and MSC Gate Bremerhaven.Konecranes’ relationship with the EUROGATE Group extends back to the beginning of containerization 50 years ago. Today, around 250 Konecranes Noell Straddle Carriers are operated by EUROGATE terminals in Northern Germany, and the fleet is growing.

Image: Rhenus Group

Rhenus Acquires World Net Logistics

European logistics provider Rhenus Group has acquired South African freight forwarding and logistics specialist World Net Logistics (WNL).The takeover of the Johannesburg-headquartered firm WNL is still subject to approval by the relevant cartel authorities.In addition to having a dense network of business sites in South Africa, WNL also has several branches and partners in Asia and Germany.The acquisition by Germany’s Rhenus Group is the latest in a string of purchases around the world in the last few months alone…

Image: Organisation for Economic Co-operation and Development

Fakes Make Up 3.3% of Global Trade

Trade in counterfeit and pirated goods, mostly originated in China, has risen steadily, posing a major challenge in an innovation-driven global economy, revealed a new study.Trade in counterfeit and pirated goods has risen steadily in the last few years – even as overall trade volumes stagnated – and now stands at 3.3% of global trade, according to a new report by the Organisation for Economic Co-operation and Development (OECD) and the EU’s Intellectual Property Office.Trends…

Kotup tugboat maneuvering a container ship. Image:  Boluda Corporación Marítima

Boluda Corporación Goes to N. Europe

Shipping services provider Boluda Corporación Marítima has signed a letter of intent to acquire all the shares, worth 300 million euros, of Kotug Smit Towage.The Netherlands-based towage services provider Kotug Smit Towage is operating in North Sea countries (United Kingdom, Netherlands, Belgium and Germany).Boluda Corporación Marítima is now in talks to acquire 100% of the towage company Kotug Smit Towage created in 2016. The shares are owned equally by the two companies Kotug International BV and Royal Boskalis Westminster NV…

Pic: Hammonia Reederei

Peter Döhle Sells Hammonia Reederei

Hamburg-based provider of shipping services Peter Döhle and Ernst Russ are selling ship management company Hammonia Reederei  to  Scandinavian investors, Ness Risan and Partners (NRP), a Norwegian investment fund and former owners of Containerships Group, Finland.With the transaction, Ernst Russ follows its strategy and further focuses on activities in asset investment and asset management in shipping and real estate, said a release from Ernst Russ AG, a listed asset and investment management company in Germany with a focus on maritime business.Prospectively…

Pic: Bremenports GmbH & Co. KG

German Ports Sign-Up to Arctic Commitment

The ports of Bremen and Bremerhaven, Germany, have joined an ambitious campaign to a ban on heavy fuel oil (HFO) from Arctic shipping – along with more than 80 companies, organisations, politicians, NGOs and explorers.Bremenports GmbH & Co. KG, operates the twin ports Bremen and Bremerhaven, which rank as the fourth busiest container port in Europe, and the world’s 16th biggest.“Bremenports is proud to sign up to the Arctic Commitment. Heavy fuel oil has no place in Arctic shipping.

file Image / CREDIT Hapag-Lloyd

Hapag-Lloyd: U.S. Probe Ends with no Obligations

Germany's Hapag-Lloyd is cleared of a U.S. Department of Justice probe into the practices of container shipping companies, with no charges brought, a spokesman said on Tuesday."Hapag-Lloyd was informed that the U.S. Department of Justice, Antitrust Division is closing its investigation without charges against the company, its affiliates or any other current or former employees," he said.This followed similar statements by bigger rivals Maersk and Mediterranean Shipping Company…

The AIDAnova underway

Inside Cruising’s LNG Plunge

Back when most owners were still debating how to handle the 2020 sulfur cap, or whether the deadline would even stick, Carnival forged ahead with a massive bet on LNG for cruise-ship propulsion. That early move is now starting to pay off.AIDAnova, the first cruise ship to ever be powered at sea by LNG, set sail on its maiden voyage from Tenerife in the Canary Islands on December 19, 2018. Speaking with Maritime Logistics Professional six weeks later, Carnival Corporation senior vice-president of maritime affairs Tom Strang gave his early verdict: LNG works.“It’s good news.

Photo: Liebherr

First Mobile Harbor Crane with Exhaust Gas Stage V

A new Liebherr LHM 420 Mobile Harbor Crane was officially inaugurated in the middle of February in Passau, Bavaria. The new machine in the port of Passau is the first Liebherr Mobile Harbor Crane to comply with the new exhaust gas purification stage V.Around ten years after the opening of the trimodal port location in Passau-Schalding, bayernhafen has once again significantly expanded its infrastructure. In addition to new extension railway an investment was also made in a new mobile harbor crane. bayernhafen Passau is Bavaria's gateway to and from south-eastern Europe.

Photo: Port of Kiel

Port of Kiel: More than 2.2 mln Passengers This Year

The economic importance of nautical tourism for Schleswig-Holstein is continuing to increase. More than 2.2 million passengers are expected in the port of Kiel alone this year, forecasting record numbers like 600,000 cruise passengers and 1.6 million ferry travelers.Last year, passengers generated a turnover of about 68 million Euros in Kiel. The consumer spending of the port’s ferry passengers amounts to more than 53 million Euros. These are complemented by another 15 million Euros spent by cruise passengers and the crews.

The Icaro (© Leslie Brug / MarineTraffic.com)

PDVSA Insists it's Still Working with BSM

Venezuela's state-run oil company PDVSA said on Thursday it has not halted business with maritime firm Bernhard Schulte Shipmanagement (BSM), even after the German firm said it would remove the crews that have been operating 10 of 15 PDVSA vessels over unpaid fees and return the tankers.On Tuesday, PDVSA's maritime arm PDV Marina declared an emergency due to lack of staff to immediately receive the 10 vessels BSM proposed to return to Venezuelan ports due to unpaid bills of at…

Photo: Ries van Wendel de Joode, Cruiseport Rotterdam

100+ Cruise Ships to call in at Rotterdam in 2019

AIDA Cara opened the Cruiseport Rotterdam cruise season yesterday (March 07) as the vessel arrived at 07.30 hours at the Holland Amerikakade, right next to the AIDA Mar in the heart of Rotterdam."This year, for the first time, over 100 cruise ships will call in at Rotterdam. Around 80 cruise ships per year arrived over the past two seasons," said Port of Rotterdam Authority."For twelve cruise ships, this will be their first visit to Rotterdam. High points will include the arrival of MS Costa Mediterranea on 6 May…

“The underwater cleaning industry has historically been very fragmented, with small players offering inconsistent services," said Shaun Harbinson, Chief Commercial Officer, THC. "With the Schulte Group and the THC team combining their forces, we are able to expand our technology quickly into other regions.”

Schulte Group Acquires Stake in TecHullClean

Schulte Group acquires TecHullClean to expand its range of IMO-compliant underwater inspection, repair and maintenance solutionsSchulte Group, Hamburg, Germany, acquired a majority stake in TecHullClean Limited (THC), a Singapore registered underwater inspection, repair and maintenance (IRM) technology company headquartered in Singapore and Algeciras, Spain and with further subsidiaries in Spain, Gibraltar and Ghana.THC specializes in underwater hull cleaning, inspection and propeller…

Image: Eurogate

Eurogate Container Volumes Stable in 2018

Despite the persistently challenging market environment, German terminal operator Eurogate managed to close the 2018 financial year with stable container handling volumes.In 2018, the Bremen-based group managed to handle a total of 14.1 million TEUs at its twelve locations in and around Europe.The volume of intermodal container transports increased by 2.8 per cent to around 1.05 million TEUs.At the Eurogate Group’s five German terminals, the previous year’s handling figures were confirmed.

Image CREDIT: AdobeStock / © Kasto

Hedge Funds Hunt for Shipping Debt

A growing number of hedge funds are moving into shipping debt, an asset class few have invested in before, looking to buy up loans and bonds as banks cut their exposure to the troubled sector.World economy worries and cost pressures are dampening prospects for a proper recovery in many segments of the shipping sector, which has struggled with tough markets for a decade.Meanwhile European banks, particularly German lenders, are trying to offload distressed and performing loans…

File Pic: Navios Maritime Containers

Navios Names Two Directors

Monaco-based seaborne shipping company Navios Maritime Containers  announced the appointment of Stefan Kuch and Vasilios Mouyis to its Board of Directors.The owner and operator of container ships informed that Kuch has over 32 years of experience in finance and ship finance, having served in senior leadership positions in the shipping division of Commerzbank AG, one of Germany’s leading financial institutions.He also served as Managing Director of Hanseatic Ship Asset Management GmbH, a vessel-owning company within the Commerzbank Group.