Militzer & Münch Completes Management Team in Germany
The Militzer & Münch Group has named Marc Pinheiro as its new Managing Director of M&M air sea cargo GmbH. Since the beginning of the year, he has been in charge of the air and sea freight activities of Militzer & Münch. Additionally, Tom Rosman has been appointed Managing Director M&M Militzer & Münch GmbH; thus, the road traffic business segment is his area of responsibility. Last year, Militzer & Münch installed a cross-segment management team for its German organizations. At that time, Dr.
Deutsche Bank Sells $1 Bln Non-performing Ship Loan Portfolio
Deutsche Bank has found a buyer for the bulk of its bad ship loans as it seeks to draw a line under sour investments in the sector and to start a fresh push in transport lending, people close to the matter said.Germany's flagship lender has agreed to sell a non-performing ship loan portfolio with a notional value of $1 billion to investors Oak Hill Advisors and Varde, one of the sources said.Deutsche Bank and Oak Hill declined to comment, while Varde was not immediately available…
SAL Heavy Lift HQ Re-locates in Hamburg, Germany
The SAL head office moves to new premises in Hamburg’s HafenCity, to accommodate growing staff numbers. In particular the move will give adequate space for the company's new Project and Offshore department. SAL say that the new location is comfortably close to Hamburg’s main station and airport and will facilitate communication with their international customers. With a fleet of 16 heavy lift vessels, SAL provides customized and reliable sea transportation solutions for all types of project cargoes including heavy machinery…
Germany Out of Australian Submarine Tender
As a bid from Germany’s ThyssenKrupp Marine Systems (TKMS) loses ground over technical concerns, the competition for a A$50 billion ($34.55 billion) contract to build Australia’s next submarine fleet is narrowing to a race between Japan and France, reports Reuters. Some sources say Japan may be closer to grabbing the submarine fleet. Another bidder for the Australian submarine fleet competition is France. Australia has said it wants a boat in the 4,000-ton class. TKMS is proposing to scale up its 2…
HSH Nordbank Aims to Buy Shipping Loans from Other Banks
Germany's HSH Nordbank, once the world's biggest ship financier, aims to buy shipping loans from other banks and make new investments in the industry as it emerges from years of turmoil, a top bank official said.The bank's regional government owners are selling the lender to buyout groups Cerberus Capital Management and J.C. Flowers, with investors GoldenTree, Centaurus Capital and Austrian bank BAWAG also taking stakes."HSH, at the end of this process of privatization, will for the first time since 2008 be restored.
Shipyard Takeover in Northern Germany
An investor has been found in Malaysia’s Genting Group to enable the continued existence of the three shipyards in Wismar, Rostock and Stralsund. The takeover contract was signed in Hamburg on Tuesday this week. In the weeks following the conclusion of the applicable checks by the authorities, the takeover will become final and business operations will be transferred to the Genting Group. At the start of the year Genting, a major cooperation with worldwide operations, acquired all the shares in Bremerhaven’s Lloyd Werft. The result is a group consisting of four shipyards in Northern Germany.
LNG: Germany to Benefit from Dutch LNG Terminal
As Germany seeks to replace its shuttered nuclear reactors, it appears that the country will likely to become the biggest customer for the Netherlands' first liquefied natural gas (LNG) terminal within two to three years, according to a report on Reuters. The 800 million euro Gas Access to Europe (Gate) terminal in the port of Rotterdam, built by Gasunie and Koninklijke Vopak and due to open in September, was initially seen as a small contributor to help provide a stable gas supply in north-west Europe.
Antwerp-German Freight Services Grow
68.1 million tonnes of cargo were transported between the seaport of Antwerp and Germany during 2016. This represents growth of approx. 4 million tonnes or 6.1 percent compared to the previous year. Thus Europe’s second-largest seaport is continuing its growth course as an important hub for German industry. While truck traffic rose by 4.3 percent in terms of tonnage, transportation by inland waterway vessel increased by 7.3 percent and railway transport services grew by as much as 8.3 percent.
Reederei Hamburger Lloyd Chooses Sealink Plus VSAT
Hamburg-based shipping group Reederei Hamburger Lloyd will move its fleet of nine containerships and six bulk carriers to Marlink’s Sealink Plus VSAT package including unlimited L-band backup. Hamburger Lloyd is a long term customer of Telemar Germany and was looking for a communications solution that provides a quality link for downloading ECDIS updates, which is critical to the fleet’s navigational safety. The company also sees that moving from pay-as-you-go L-band communication…
CEVA Starts Rail Service between China and Germany
CEVA Logistics, a supply chain management companies, has launched a new rail service linking Shilong in southern China's Guangdong province to Hamburg in Germany. In conjunction with the Chinese state railway company, the new regular block trains will route Shilong, Manzhouli (China), Zabakalsky (Russia), Brest (Belarus), Malaszewicze (Poland) and Hamburg with a station-to-station lead time of 17-19 days. CEVA's new year-round service solution will save customers up to 2 days in time compared with other routings and will also deliver cost savings as a result.
GeoSea Bags Offshore Wind Installation Work from EnBW
DEME Group’s offshore marine engineering subsidiary GeoSea said that, following successful completion of the design, it also received the Notice to Proceed for fabrication and offshore installation of 16 wind turbine foundations and 1 Offshore Transformer Module (OTM) for the EnBW Albatros offshore wind farm, for which GeoSea is Siemens’ EPCI partner. This partnership enables Siemens to provide a full-scope project (offshore wind turbines and OTM, incl. foundations) to EnBW. The Albatros offshore wind farm is located in the so-called “exclusive economic zone” of the North Sea…
Aumann Named CEO of Oman Drydock
Stephan Aumann has been appointed by ASYAD (formerly Oman Global Logistic Group) board of directors as the new CEO of the Oman Drydock Company S.A.O.C. in Duqm/Oman. Aumann assumed the role June 15 and replaced the former CEO Jin Han Lee (DSME), who advised at the end of 2016 that he would be stepping down. With a bachelor's degree in naval architecture and a master degree in industrial engineering from the University of Applied Sciences in Kiel/Germany, the 50-year-old German…
Hapag-Lloyd: 50 Years of Container Shipping in Germany
50 years after the beginning of modern container shipping in Germany, international trade is handled by 6,397 containerships, with a capacity of 21.1 million TEU. Hapag-Lloyd’s container fleet numbers among the largest in the industry. The revolution reached Germany 50 years ago. And even if no gunshots were heard, there was still a loud bang. On May 5, 1966, the Fairland, owned by the American shipping company Sea-Land, called at Bremen’s Überseehafen (overseas port). On the next day…
OOCL Germany Delivered
OOCL celebrated the christening of Hull H2173, a 21,413 TEU newbuilding constructed at the Samsung Heavy Industries shipyard on Geoje Island. Named as OOCL Germany, this mega containership is the second of the six 21 thousand TEU class vessels on order at the shipyard and they are an important part to enhancing the competitiveness and efficiency of our modern fleet. As with many of our newbuildings, extra efforts have been made to ensure that they are operationally efficient and meeting the highest environmental standards.
Germany Accedes to Treaty Covering Fishing Vessel Safety
International Maritime Organization (IMO)'s work to enhance fishing vessel safety received a boost today when Germany became the sixth State to accede to the 2012 Cape Town Agreement. The Agreement involves a basic set of safety measures for larger high seas fishing vessels, covering issues such as stability, construction and protection of crews and will enter into force 12 months after 22 States express their consent to be bound by it. These States must have a minimum of 3,600 fishing vessels of at least 24 meters in length operating on the high seas.
Germany's DST Bags IWAI Contract for Designing Special Vessels
With its objective of providing safe, environment friendly and economical mode of transportation through National Waterway-1 (NW-1), the Inland Waterways Authority of India (IWAI),Ministry of Shipping signed a contract with DST, Germany to design vessels, especially suited to navigate the 1620 km stretch of NW-1. Speaking on the occasion a senior IWAI official said it is a revolutionary step and a milestone in the journey of NW-1. “The objective of IWAI is to go along with nature and disturb the river minimally.
Rhine Reopened to Shipping as Water Level Falls
Germany's Rhine river was reopened to shipping on Monday after waters fell, following its closure for the past week as rain and melting snow raised water levels, authorities said. High water mostly peaked in north Germany over the weekend, but levels have fallen substantially allowing vessel sailings on the entire stretch, the river flood monitoring agency said. Some vessel speed restrictions, however, remain in north Germany, it said. Rising water levels mean vessels do not have enough space to sail under bridges.
Germany and Greece: Worst Vessel Dumpers
As in 2016, Germany and Greece top the list of country dumpers in 2017, according to new data released today by the NGO Shipbreaking Platform. German owners, including banks and ship funds, beached 50 vessels out of a total of 53 sold for demolition. Greek owners were responsible for the highest absolute number of ships sold to South Asian shipbreaking yards in 2017: 51 ships in total. Since the Platform’s first compilation of data in 2009, Greek shipping companies have unceasingly topped the list of owners that opt for dirty and dangerous shipbreaking.
G6 Alliance: Feeder Shuttle Between Germany and Gothenburg
The partners of the G6 Alliance will underline their commitment to the Scandinavian market and start a dedicated G6 feeder shuttle to Gothenburg. The service will provide coverage for the time of the temporary winter suspension of Loop 3. The rotation of the Gothenburg Express service (GTE) will be Bremerhaven, Hamburg, Gothenburg and Bremerhaven again with calls at both terminals CTA and CTB in Hamburg. First sailings of the GTE are scheduled for 18 November in Bremerhaven, 20 November in Hamburg and 22 November in Gothenburg (ETA).
India to Collaborate with Germany for Intermodal Projects in Ports
Indian Minister of Road Transport & Highways and Shipping Nitin Gadkari has said that India and Germany are all set to collaborate on projects for improving rail connectivity of Indian ports. He said the two countries will work together on projects worth Rs one lakh crore being implemented by the Indian Port Rail Corporation Ltd (IPRCL). The Minister held detailed discussions with his German counterpart and Infrastructure Minister Alexander Dobrindt and his delegation in New Delhi today, regarding the modalities for such collaboration.
Streetcars Shipped from Germany to Tacoma
Two streetcars, shipped from Germany, arrived at the Port of modern Bombardier Flexity streetcars Tacoma last week. They are being transported on special-purpose road trailers to Vancouver, B.C. The streetcars arrived in Tacoma onboard the Tomar, a Wallenius Wilhelmsen vessel on December 2, after a 10,460-mile journey from Germany (Bremerhaven-Zeebrugge-Southampton-Panama Canal-Port Hueneme-Tacoma). Each of the two cars is manufactured by Bombardier Transportation and about 105 ft long. Transporting the cars from Tacoma to Vancouver, B.C.
Rail Link Could Drive Germany–Rotterdam Container Traffic
The Port of Rotterdam could increase its market share in certain regions in South-West Germany by up to 23%, if additional rail connections are created. This is one of the outcomes of the “HiRo – Market Potential for Container Transports from the South-West German Hinterland” market study conducted jointly by the Darmstadt Technical University, the Port of Rotterdam Authority and Contargo, which was presented to the public in Mannheim today. The study was based on a survey of 30 hauliers…
Port Manatee Draws German Interest
Port Manatee holds promise as a trade gateway for German companies, according to Germany’s Miami-based consul general, who visited the Florida Gulf Coast port Thursday [March 15]. “Port Manatee is an important part of Florida infrastructure,” said Annette Klein, Germany’s consul general for Florida, Puerto Rico and the U.S. Virgin Islands. “As German companies look for a U.S. port to meet their needs, it is important for us to be aware of such ports and their capabilities and objectives.
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.
Caterpillar New Logistic Center in Germany
Caterpillar is celebrating the launch of a new logistic center located in Henstedt-Ulzburg, Germany, north of the city of Hamburg. The warehouse, comprising an interior area of nearly 161,450 sq ft, is the fourth facility in Germany for Caterpillar Motoren GmbH & Co, and will serve as a hub for MaK spare parts for customers throughout the world. With its close proximity to both the international airport and the port infrastructure in Hamburg, the logistic center will increase velocity for parts availability to customers and reduce costs.
Egypt Receives First Submarine from Germany
According to German Ambassador Julius Georg Luy, one submarine was delivered to Egypt on December 10 while two others are awaiting delivery from Germany. The ship, the S41, is the first-of-class 209/1400 vessel and took to water earlier this month during a ceremony in Kiel attended by Vice Adm. Rainer Brinkmann, Deputy Chief of Staff of the German navy, the mayor of Kiel, and Egyptian officials. The submarines are being built in the northern coastal city of Kiel, which is famed for its ship-building and last week exported the fifth of six new ThyssenKrupp vessels bound for Israel.