Self-Unloaders in CSL Pool Sold to Algoma
Oldendorff has sold the three remaining self-unloaders still operating in the CSL Pool: Sophie Oldendorff (70,037 tdw built 2000), Harmen Oldendorff (66,188 tdw built 2005) & Alice Oldendorff (50,259 tdw built 2000) for US$100.5 million to Algoma Central Corporation who is the third partner in the CSL Pool. The vessels are expected to deliver to Algoma around the middle of 2019. All three vessels have been trading in the CSL Pool on the East Coast of North and South America since…
Port of Kiel: Passenger Volume Up, Cargo Down
More than 2.2 million passengers and again over 7 million cargo tons handledKiel continues to pursue its growth course in passenger traffic posting a 4.2 % increase with 2.2 million travelers. At the same time, the port’s cargo sector was unable to match the top results of the reference period (2017: 7.4 million tons, +14.3 %). The handling performance decreased by 3.5 % to 7.15 tons of cargo in 2018. In order to further improve the port’s infrastructure, investment activities have accelerated once again.
Color Line Expands Oslo-Kiel Freight Route
The Norwegian shipping company Color Line said that its newly purchased ro-ro ship M/S Color Carrier sailed for the first time from Hjortneskaia in Oslo to Kiel in Germany.Color Line can transport approx. 80,000 trailers annually on this stretch. This corresponds to a continuous string of trailers from Oslo to Tromsø in the far north of Norway."This initiative is an important contribution to strengthening the environmentally friendly sea route that represents a collective solution for the transport of goods," said CEO Trond Kleivdal.
Color Line Expands Kiel – Oslo Cargo Capacity
The Norwegian shipping company Color Line operates the additional freight ferry “Color Carrier“ on the route Kiel – Oslo as of January 11th to increase its freight-carrying capability.On the occasion of its inaugural call, the Lord Mayor of Kiel, Dr Ulf Kämpfer, PORT OF KIEL Managing Director Dr Dirk Claus and the Executive Manager of Sartori & Berger, Jens Broder Knudsen, welcomed the captain of the “Color Carrier”, Nils Sivertsen”, to the capital city of Schleswig-Holstein and handed over the traditional inaugural plaques during the onboard reception.
DNV GL, Washington State Partner for Sustainable Maritime Growth
Washington State partnered with DNV GL in late 2017 to develop the “Washington Maritime Blue” strategy for the sustainable development of the state’s $38 billion maritime industry. With that strategy now complete, the State unveils how it plans to achieve the vision of being home to a world-class, thriving, and sustainable maritime industry by 2050.At an event in Seattle, Washington State Governor Jay Inslee’s Maritime Innovation Advisory Council unveiled the results of their…
Stena Line Inaugurates Onshore Power Supply in Oslo
European ferry company Stena Line is the first ferry company to connect to the onshore power supply connection in the Port of Oslo.Stena Saga will now be connecting to the electricity grid during calls into port. This is an important step in Stena Line’s dedicated sustainability work, with one of the focus areas being to reduce emissions.Stena Line has been working with onshore power supply connections since 1989 and is a pioneer within this area. With Stena Saga, 14 of Stena…
No Turning Back
A multidisciplinary Rolls-Royce man is helping LNG’s rise on the water and ashore. For LNG, the future is now.At the heart of Europe’s growing marine supply chain for liquefied natural gas is a man with a degree in anthropology but steeped in engineering and business. Oscar Kallerdahl is Rolls-Royce Marine’s vice-president of LNG systems, and he’s the company’s production, purchasing, engineering and finance lead for getting gas engines aboard vessels.Kallerdahl has 10 years of experience overseeing LNG propulsion projects in Norway and four in Korea.
FSRU Suppliers Shift from Emerging Markets, Cut Back New Orders
Political instability and low credit ratings in emerging economies are putting some shipowners off ordering new floating storage and regasification units (FSRUs), as they shift focus to more mature gas markets.Liquefied natural gas (LNG) demand from emerging markets in Asia, Africa and South America was expected to be boosted by FSRU technologies that are less expensive and time-consuming than onshore import terminals.But a boom in speculative FSRU orders from shipowners led to an oversupply of units this year as import projects across the world were delayed or cancelled…
Biggest Spenders of 2018
With less than a week until Christmas and most of our presents bought, we're feeling the pinch. However, that's nothing compared to the amount that some have been spending this year. VesselsValue's Senior Analyst Court Smith gives a rundown on which countries have splashed the most cash on second hand vessel purchases over 2018.USAJP Morgan Global Maritime is the US company who has spent the most on second hand vessels: 308 million USD so far in 2018. However, they have changed their purchasing strategy half way through the year.
Jotun Helps Bridge withstand the Arctic
Last week saw the opening of Hålogaland bridge in Narvik, Norway, the longest suspension bridge within the Arctic Circle. The construction has been coated with Jotun Protective solutions.Hålogaland bridge has been dubbed ‘the most beautiful bridge in the world’ by both locals and visiting engineers alike. Spanning 1533m across the Romsbak Fjord, it cost $418 million and took five years to build. Constructed from 30 separate sections, with 7000 tons of bridge deck, the project is a vital infrastructure development within the far North of Norway…
Lithuania Plans to Buy an FSRU
Lithuania has given the go ahead to state-owned Klaipedos Nafta to purchase a liquefied natural gas (LNG) storage vessel by late 2024, as it shores up energy supplies and reduces its reliance on Russian natural gas.Klaipedos Nafta is currently leasing a floating storage and regasification unit (FSRU), called Independence, from Norway's Hoegh LNG.The use of the vessel has allowed Lithuania to import LNG since 2014, breaking the monopoly Russia's Gazprom had on natural gas supply to the country as well as neighboring Latvia and Estonia."This will keep us able…
Uniper intensifies LNG plans with Japan's Mitsui OSK
Mitsui OSK Lines to own, fund FSRU in Wilhelmshaven; FSRU could be operational in H2 2022.Energy group Uniper on Monday entered agreements with Japanese shipping group Mitsui OSK Lines to handle potential deliveries of liquefied natural (LNG) gas into Germany.Discussions about LNG have flared up recently as the German government wants to diversify away from pipeline gas arriving from Russia, Norway and the Netherlands.
Norway Postpones Decision on Arctic Oil Terminal
The Norwegian government has postponed a decision on whether to mandate the construction of an oil processing terminal near the Arctic tip of northern Europe until the third quarter of next year, it said on Friday.If built, the onshore Veidnes terminal would receive crude via a pipeline from Equinor's offshore Johan Castberg oilfield, which is expected to start producing in late 2022.Equinor originally ditched plans for an onshore terminal in order to save costs, preferring instead to load oil on to crude tankers at the field before exporting it to global markets.Parliament earlier this year u
Bellships CEO Muller Resigns
Norway's bulk ship operator and management company Belships ASA announced that its chief executive officer (CEO) Ulrich Müller has resigned.The board of directors of the Norwegian bulker owner stated in a press release that they will initiate the work with finding a new CEO immediately and Ulrich Müller will remain in his current position until a new CEO is in place."Belships has reached a crossroads and I feel like the time has come for others to take over the leadership of the Company.
Belships Completes Merger with Lighthouse Group
Norway-based bulk ship operator and management company Belships has finalized its merger with Lighthouse Group after receiving an approval of the merger plan by the extraordinary general meeting (AGM)."All the conditions for the completion of the merger, including the expiry of the creditor notice period, have been fulfilled and the Merger has been registered as completed by the Norwegian Register of Business Enterprises today on 10 December 2018," said a press statement.Belships ASA has upon completion of the merger issued 127…
Equinor, Faroe Petroleum in Asset Swap
Britain's Faroe Petroleum has agreed to swap oil and gas fields with Norwegian state firm Equinor as it fights a hostile takeover from Norwegian oil and gas operator DNO.It appears that Faroe in fight-back mode after DNO’s so-called ‘opportunistic’ bid.The oil and gas company focusing principally on exploration, appraisal and production opportunities in Norway and the UK said in a press note that it has signed a binding agreement with Equinor Energy to swap its interests in the Njord…
Samskip’s UK Investments Transcend Brexit Disruption
Two years of pre-Brexit investment in North Sea container shipping services is proving decisive in winning shippers away from cross-Channel ferry routes at a critical time for UK-EU relations, according to leading multimodal operator Samskip.With many questions remaining over the exact nature of the future EU-UK trading relationship, Samskip says that regular, reliable and cost competitive container services are a key element in planning for the future.“The months ahead will see…
Giampiero Soncini named CEO of IB Marine Division
Giampiero Soncini will assume the role of CEO, Marine Division, at IB Marine.“Under his guidance IB Marine is looking to become a major player in the Marine IT sector”, says Maurizio Ricci, IB President, who will retain the role of CEO IB Industry Division. “Giampiero and I have been competitors for over 30 years, and it is simply amazing that we can now work to build something together”.Giampiero Soncini replies: “IB has been in Business for over 35 years. I have known them and respected them for 30.
Shanghai Waigaoqiao Shipyard Delivers World's First iVLOC
The world’s first intelligent very large ore carrier (iVLOC), the DNV GL-classed Pacific Vision, was delivered by Shanghai Waigaoqiao Shipyard to China Merchants Energy Shipping Company.Norway-headquartered international accredited registrar and classification society said in a statement that the vessel is the world’s first VLOC to implement DNV GL’s SmartShip descriptive notation.To qualify for the notation, Pacific Vision has been outfitted with an integration platform, a smart navigation decision support system…
Wärtsilä Automated Shipping Tests Successful
Finnish technology group Wärtsilä conducted a successful round of tests on its automated dock-to-dock solution. The system was tested on ‘Folgefonn’ ferry, which visited all three ports serviced by the vessel, with the autonomous operation being utilised uninterrupted for the entire route.Norwegian Maritime Authority (NMA) was present during the test. Joonas Makkonen, Vice President, Voyage Solutions, Wärtsilä said: "This represents a huge step forward in validating automated shipping solutions…
Skangas Becomes Gasum
Skangas, the leading Scandinavian distributor and producer of small-scale LNG, said it is changing its name to that of its owner, Gasum.The Finland-based integrated gas company Gasum increased its shareholding in the Liquefied Natural Gas (LNG) company Skangas from 70% to 100% in October 2018. The acquisition is part of the Gasum strategy, a core element of which is to develop the Nordic gas market and the LNG infrastructure.The name change will strengthen the Gasum brand in the Nordic countries and the position of Gasum as the leading provider of liquefied natural gas (LNG) in the region.
Wilhelmsen Unveils Raa Labs
Norway-based global maritime industry group Wilhelmsen Holding has introduced a new digital start-up named Raa Labs to speed up maritime digitalisationRaa Labs will enable maritime companies to harness data, drive digitalisation and adopt technology to take a leap into the future, improving efficiency and introducing new business models. “To fully embrace innovation, you need to understand the bigger picture to ensure that every action you take not only saves the day or the week…
Yilport Oslo Breaks Cargo Record
Norwegian container operator Yilport Oslo set an all time high record in a single month with 21 363 TEUS in October 2018, registering an increase of 28 % compared to October last year.Maiken Solemdal, Commercial Manager at Yilport Oslo explained the growth as a result of the terminal's Short Sea focus:“In the first 10 months we have a growth of 10,4 % compared to 2017. Increased volume is mainly Intra European cargo that previous was transported from Europe to Norway by trucks."By changing the dynamics in the supply chain with flexible solutions…
Sture oil export terminal operates as normal
Norway's Sture oil export terminal was operating as normal on Tuesday despite the nearby sinking of a shipwrecked navy vessel, operator Equinor said.The terminal was shut for several hours last Thursday after the Norwegian frigate collided with an oil tanker near the terminal."We are in normal operations. We do not comment on plans," an Equinor spokeswoman said in a text message to Reuters.(Reporting by Nerijus Adomaitis, editing by Terje Solsvik)
Lundin Norway Awards EPCI Contract to WorleyParsons
Rosenberg WorleyParsons has been awarded an engineering, procurement, construction and installation contract (EPCI) by Lundin Norway ASO in the Norwegian Continental Shelf.The services include planning, engineering, prefabrication, offshore installation and commissioning support. The objective of the modification is to prepare Lundin’s Edvard Grieg platform to receive and process oil and gas from nearby offshore fields.The project starts immediately and has a duration of two and a half years.
Norwegian Oil, Gas Plants Restart after Ship Collision
An oil tanker and a Norwegian navy frigate collided off Norway's west coast on Thursday, injuring eight people and triggering the temporary shutdown of a North Sea crude export terminal, Norway's top gas processing plant and several offshore fields.The frigate, which recently took part in a major NATO military exercise, was aground and tilting on one side, live television pictures showed. The Norwegian military was attempting to save the ship."We are working on stabilizing the vessel…