Green Marine
Maersk wraps up KGH Customs Services acquisition
Danish shipping giant A.P. Moller – Maersk has completed the acquisition of KGH Customs Services, a pan-European customs services specialist, further strengthening its capabilities as an integrated container logistics company.
Swedish ports, Hutchison and Wallenius partner up on sustainable inland shipping
Ports of Stockholm, Hutchison Ports Stockholm, Mälarhamnar and Wallenius Marine have partnered up on a project to establish inland shipping between Stockholm Norvik Port and the strategically positioned Mälarhamnar ports of Västerås and Köping.
German shipbuilder FSG makes a new start
Over 350 employees of Germany’s Flensburger Schiffbau-Gesellschaft (FSG) as well as business assets of the struggling shipyard have been taken over by several companies belonging to investment company Tennor Holding.
Dutch Portbase connects with TradeLens blockchain platform
Portbase, a subsidiary of the ports of Amsterdam and Rotterdam that manages digital port infrastructure and core processes in the ports, has completed the first phase of connecting with the TradeLens blockchain-based platform.
Kiel Canal lock closed after ship allision
The Kiel Canal Authority has closed one big lock at Kiel after a cargo ship allided with the lock gate.
Maersk to integrate Safmarine, Damco Air and LLC
Danish container shipping major A.P. Moller – Maersk plans to integrate the Safmarine brand into Maersk as part of its transformation into an integrated container transport and logistics company. In addition, the Damco brand’s Air and LCL (Less than Container Load) offering will be combined with Mae
Wilhelmshaven LNG terminal seeks binding capacity interest
LNG Terminal Wilhelmshaven (LTeW) has invited market participants to express binding interest in terminal capacities.
North Sea Port: Agreement signed for development of green hydrogen hub in Vlissingen
The Netherlands-based company VoltH2 B.V. has signed a cooperation agreement with Dutch-Belgian North Sea Port as it plans to build a green hydrogen plant at the port.
Spirit of Adventure wraps up conveyance down the narrow River Ems
The cruise ship Spirit of Adventure, being built by German shipbuilder Meyer Werft for the British shipping company Saga Cruises, left Papenburg on Sunday, August 30, 2020 and was transferred to Emden. The popular conveyance of the ship is a major milestone in a ship’s construction and, for the Spir
DNV GL completes world’s first in-water remote ship surveys using ROV
DNV GL has completed the world’s first in-water remote ship surveys using a remotely operated vehicle (ROV). In-water bottom surveys using ROVs have now been carried out on three separate Wilson ASA-managed vessels with the first having been completed on the Wilson Fedje in December 2019 by a survey
Yara Marine launches startup accelerator program to contribute to greener maritime industry
Yara Marine Technologies, a Norway-based provider of exhaust gas cleaning systems, has announced its new corporate accelerator program, Yara Marine X.
Stolt Tankers to buy CTG’s chemical tanker fleet
Norwegian shipping company Stolt-Nielsen Limited revealed today that Stolt Tankers B.V. has agreed to acquire five chemical tankers from Chemical Transportation Group (CTG) for trading in the Stolt Tankers Joint Service.
Hafnia reports best-ever quarterly results, invests in methanol project
Denmark-based shipping company Hafnia has posted a net profit of $97.7 million for the second quarter of the year, claiming the best quarterly result in the company’s history despite uncertainties caused by COVID-19. The company’s net profit for the first six months amounted to $ 174.8 million with
Frontline boasts $200 million Q2 profit, lands major financing deals
Tanker shipping company Frontline booked a net income of $365 million for the first half of 2020, the strongest first half in more than 10 years, cashing in on strong quarterly earnings. For the second quarter, the Norwegian shipowner reported a net income of $199.7 million amid higher charter rates