Håkan Agnevall will take over the position of CEO of the Finnish marine equipment maker Wärtsilä on February 1, 2021.Back in September 2020, Wärtsilä first announced that Agnevall, president of Volvo's bus division, would become its new CEO…
Low water levels after dry weather in the past month continue to prevent cargo vessels from sailing fully loaded on the river Rhine in Germany, traders said on Thursday.Low water is hampering shipping throughout the river, especially around Cologne…
Royal Dutch Shell's female employees in Britain earned 18% less on average than their male colleagues in 2020, with the pay gap slightly narrowing from the previous year.In its annual UK diversity pay gap report, Shell also published for the…
Freight volumes in the Port of Rotterdam improved in the third quarter after the deep slump caused by the coronavirus pandemic in the first half of the year, Europe's largest sea port said on Wednesday.Throughput of agribulk, iron ore, biomass…
Berlin offered to spend 1 billion euros ($1.2 billion) to build two liquid natural gas terminals in a bid to dissuade the United States from imposing sanctions over the Nord Stream 2 pipeline, due to bring gas directly from Russia to Germany…
The European Parliament on Tuesday voted in favour of including greenhouse gas emissions from the maritime sector in the European Union's carbon market from 2022, throwing its weight behind EU plans to make ships pay for their pollution.Shipping…
Ferry routes between Great Britain and Northern Ireland have been safeguarded, thanks to a multimillion-pound government scheme to help ensure critical freight can continue to move into and across the union.The package, worth up to £17 million ($21 million)…
Throughput at the Port of Rotterdam is set to drop by up to 20% this year as the coronavirus pandemic disrupts production and trade worldwide, Europe's largest sea port said on Thursday.Throughput of containers, coal, oil products and other bulk goods already declined 9…
Danish Maritime Authority (DMA) announced that two new deputy director generals joined its the Executive Board.The new deputy director generals are Rikke Wetter Olufsen and Niels Wammen-Jensen. They both come from director positions within DMA…
French electricity giant Électricité de France (EDF) is moving into the Irish energy market.EDF Renewables, a subsidiary of the French energy utility, has acquired a 50% stake in the Codling offshore wind project from Hazel Shore, a company linked to the property developer…
Ocean Installer has announced the appointment of Odd Strømsnes as the company’s new CEO as company enters new growth phase and addresses offshore wind market.The Norwegian subsea contractor said in a press note that the interim CEO Kevin Murphy will continue as Deputy CEO…
The European Sea Ports Organisation (ESPO) welcomes Europe’s ambition as enshrined in the European Green Deal, to become the world’s first climate neutral continent by 2050.European ports are at the crossroads of supply chains. As clusters of transport…
MacGregor, the provider of maritime cargo and load handling services, has secured orders to provide MacGregor equipment to a European port development project and TTS products to a naval project.The orders has a total value of approximately EUR 8 million…
Monaco-based international owner, operator and manager of liquefied natural gas (LNG) carriers GasLog has announced plans to relocate more of its people and most of the senior management to the Piraeus, Greece office, home of its operational platform…
The European Bank for Reconstruction and Development (EBRD) said that it is backing the new US$ 600 million five-year bond issued by Mersin International Port, the operator of Turkey’s largest port.The Bank has invested US$ 90million in the issuance…
