The European Union will co-finance to the tune of €5 million from the TEN-T Programme a project to build a state-of-the-art multimodal container terminal at the Port of Rotterdam, The Netherlands. The future Rotterdam World Gateway (RWG) terminal will aim to have the highest modal shift ratio for a
Chief Commercial Officer Lucas Vos has decided to leave Maersk Line and will leave his position as head of the commercial part the business and member of the Liner Management Board as of 1 May 2013. “Lucas Vos has been part of the top management team in Maersk Line for the past five years. He has [&
APL yesterday announced the appointment of Peter Jongepier as Regional President of its business in Europe. “Peter has more than 30 years of experience in the shipping industry. I am confident he will effectively lead APL’s business across Europe, an important part of APL’s global liner activities.
Mitsui O.S.K. Lines, Ltd. today announced plans to collaborate, along with Shell, BP, Maersk, Stena NYK and “K” Line with the United Nations Development Programme (UNDP) to support job creation and skill development projects in Somalia. The industry partners will provide funding of US$ 1 million to
Royal Boskalis Westminster N.V. announced that it acquired 659,869 ordinary shares in Dockwise in the course of trading yesterday. All these Shares were acquired through Euronext Amsterdam and were purchased at an average price of EUR 18.50 per Share with a maximum price of EUR 18.50 per Share (whic
GC Rieber Shipping has agreed to sell the 2D seismic vessel “Polar Explorer”, built in 1988. The vessel has been sold at book value, and the transaction will have a positive cash effect of approximately NOK 45 million. GC Rieber Shipping’s business within offshore/shipping includes ownership in spec
Peel Ports has invested in a substantially larger vessel for their Manchester Ship Canal container service after another marked increase in demand from customers who include Kellogg, Princes Foods and Kingsland Wine. The move to the larger vessel, which operates on the UK’s largest inland seaway, fo
According to preliminary unaudited figures, HHLA achieved Group revenue of approx. € 1,125 million (previous year: € 1,217 million) and an operating result (EBIT) of around € 185 million (previous year: € 207 million) in the 2012 financial year. The related business conditions were characterised by
Eco Marine Power (EMP) announced yesterday that it will collaborate with Solbian Energie Alternative Srl of Italy to jointly develop applications for its solar cell technology across a variety of marine renewable energy projects for shipping including the Aquarius MRE System. Initially this co-opera
Royal Boskalis Westminster N.V. announces that it has acquired 127,799 ordinary shares in Dockwise in the course of trading yesterday. All these Shares were acquired through Euronext Amsterdam and were purchased at an average price of EUR 18.50 per Share with a maximum price of EUR 18.50 per Share (
Navios Maritime Acquisition Corporation, an owner and operator of tanker vessels, announced today that it has chartered out a newbuilding MR2 product tanker expected to be delivered during the second quarter of 2013. The MR2 product tanker Nave Capella has been chartered out to a high-quality counte
GAC Bunker Fuels Limited has today announced the opening of its newest office – in Bergen, Norway – in a move to further strengthen its marine fuel and lubricant trading operation across the Nordic region. The Bergen office will be responsible for the trading of all grades of marine fuel and gas oil
When the three installation vessels are in simultaneous operation, approximately 300 people are working in the wind farm. Besides the people involved in the wind turbine installation, the wind turbines already installed are being commissioned and inspected, and the last interconnecting cables in the
The Norwegian shipping industry is teaming up and has taken a leading role in developing battery-powered ships. The first four hybrid vessels will start to sail in 2013/14. In 2015, they will be followed by the world largest fully electric ferry, which will regularly cross Norway’s largest fjord. So
