Europe News - page 4

 

Ports of Stockholm to Seek EU Funding for Electrification Projects

Jan 31, 2024

Ports of Stockholm announced it has been given the green light to apply for EU funding for three sustainability initiatives that primarily focus on the development of electricity infrastructure.Government approval has been given for all three applications from Ports of Stockholm…

Red Sea Crisis Causes Delays of 10-15 Days in Barcelona Port

Jan 29, 2024

Ships are calling the Spanish port of Barcelona with a delay of 10 to 15 days as they have to travel around Africa to avoid potential attacks in the Red Sea, port chief Lluis Salvado told reporters on Monday.The official said the delays affected ships carrying all kinds of products…

Ukraine's Black Sea Grain Export Success Tested by Red Sea Crisis

Jan 24, 2024

Ukraine has managed to boost its Black Sea grain exports to a level not seen since before Russia's invasion, although the Red Sea shipping crisis poses a new challenge to its crucial agricultural trade.Kyiv's success in replacing a UN-backed…

DP World Expects Cost of Goods from Asia to Be Higher for Europe

Jan 23, 2024

DP World CFO Yuvraj Narayan said on Tuesday he expected that disruptions to shipping in the Red Sea as a result of Houthi attacks on vessels would hit European consumers hardest.'The cost of goods into Europe from Asia will be significantly higher…

Hamburg Port Prepared for Red Sea Shipping Delays

Jan 18, 2024

The container terminals of Hamburg port operator HHLA and Eurogate are prepared for shipping delays as ships are being rerouted due to the attacks in the Red Sea, a spokesperson for Port of Hamburg Marketing (HHM) told Reuters on Thursday.So far there have been no disruptions as a result…

EU Report Recognizes Need for Port Investment Stability

Jan 17, 2024

The European Parliament has officially adopted the Berendsen report, an own-initiative report on “building a comprehensive European Port Strategy” (585 in favor, 21 against, 26 abstentions).The European Sea Ports Organisation (ESPO) welcomed…

Polish Seaborne LPG Import Growth Slowed to 7% in 2023

Jan 10, 2024

Growth in sea-borne imports of liquefied petroleum gas (LPG) to Poland slowed 7% last year to 1.084 million metric tons, from a jump of more than 70% in 2022, with sea terminals working almost at capacity, according to traders and LSEG data…

NYK Orders Man Energy Engines for Four LNG Carriers

Jan 09, 2024

Japanese shipping giant NYK has ordered eight ME-GA engines from Man Energy Solutions for four liquefied natural gas (LNG) carriers.The order is for eight 5G70ME-GA Mk. 10.5 engines related to the construction of four 174,000 cbm. LNG carriers by NYK…

Germany Builds up LNG Import Terminals

Jan 02, 2024

German utility RWE on Jan. 1 handed over floating liquefied natural gas (LNG) infrastructure at Brunsbuettel on the North Sea to state-owned Deutsche Energy Terminal (DET) as agreed when first imports arrived 10 months ago, it said.DET is now…

CMA CGM Hikes Shipping Rates Between Asia and Mediterranean

Jan 02, 2024

Unlisted French shipping group CMA CGM increased its container shipping rates from Asia to the Mediterranean region by up to 100% as of Jan. 15 compared to Jan. 1, it said on its website on Tuesday.A CMA CGM spokesperson declined to provide…

Russian LNG Exports to Europe Fell 1.9% in 2023

Jan 02, 2024

Russian exports of liquefied natural gas (LNG) to Europe fell 1.9% to 15.8 million metric tons in 2023, and LNG exports to Asia fell 11% to 14.9 million tons, LSEG data showed on Tuesday.Europe increased purchases of LNG from global producers…

Port of València Approves Tender for New Container Terminal

Dec 28, 2023

The Council Port Authority of València has approved in an Extraordinary Board of Directors meeting the specifications that includes the legal and economic conditions for the tender of the new terminal located in the northern extension of the Port of València…

"Green" Loan Secured for Low-Emission Cruise Ship

Dec 28, 2023

Fincantieri signed a 'green' construction loan for a maximum amount of $461m with Intesa Sanpaolo (IMI Corporate & Investment Banking Division) and Cassa Depositi e Prestiti (CDP), the proceeds of which will be used to cover the financial needs linked to the construction of the Mein Schiff Relax…

Prysmian Commissions Inter-Array Cable System at French Offshore Wind Farm

Dec 27, 2023

Prysmian Group has commissioned the inter-array cable system for the Fécamp offshore wind farm, located in the English Channel, offshore France.The Fécamp offshore wind farm is composed of 71 wind turbines with a total capacity of nearly 500MW…

Foreign Shareholders Suspend Participation in Russia's Arctic LNG 2 Project

Dec 25, 2023

Foreign shareholders suspended participation in the Arctic LNG 2 project due to sanctions, renouncing their responsibilities for financing and for offtake contracts for the new Russian liquefied natural gas (LNG) plant, the daily Kommersant reported on Monday…

Logistics News

Russia's Seaborne Oil Product Exports Fell in March

Russia's Seaborne Oil Product Exports Fell in March

UKHO Appoints Blake Interim Chief Executive

UKHO Appoints Blake Interim Chief Executive

Denmark Bans Discharge of Scrubber Water

Denmark Bans Discharge of Scrubber Water

Updated Version of Guidelines for Cleaning Containers Released

Updated Version of Guidelines for Cleaning Containers Released

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