Companies In Europe
The CMA CGM Group has acquired the German shipping company Oldenburg-Portugiesische Dampfschiffs-Rhederei GmbH & Co. KG (OPDR), CMA CGM founder, chairman and CEO Jacques R. Saadé announced during his visit in Hamburg, Germany on November 25. The closing of the transaction remains subject to the approval of the relevant regulatory authorities. OPDR, a shipping company owned by the Bernhard Schulte Group, specializes in short sea shipping and door-to-door logistics for North Europe, Canary Islands, the Iberian Peninsula and Morocco. With its more than 200 dedicated collaborators and its network of agencies, the company connects Europe, Scandinavia and North Africa. Farid T. Salem, CMA CGM Group Executive Officer, who led this acquisition, said, “This new acquisition reinforces the group’s presence on the growing intra-European short sea transportation market. This is a continuation of our strategy to broaden our regional network, a strategy which began with the acquisition of MacAndrews in 2002. As with MacAndrews, we plan on maintaining and developing the OPDR company, as well as creating new synergies with both MacAndrews and the CMA CGM Group”. OPDR operates five different services between: North Europe and the Canary Islands, Seville and the Canary Islands, North Europe, Spain, Portugal and Morocco, North Europe and Morocco, North Europe, Spain and Scandinavia.
Islamic Republic of Iran Shipping Lines (IRISL) has managed to create two companies in Europe in joint collaboration with foreign companies, says Mohammad Saeidi IRISL managing director. He didn't provide the details of establishment of the two Iran-Europe shipping companies, but said that the companies have already started cooperation schemes with their European partners. Saeidi emphasized that the same cooperation schemes are expected to facilitate the shipping
Taiwan's president, Ma Ying-jeou, reiterated Taiwan's determination to push ahead with its domestic submarine program to modernize its fleet and bolster the country's defense capabilities. Reiterating Taiwan's effort to develop its own home-grown submarine program, Ma said "we have the determination and we are definitely confident that we will achieve the goal of building submarines locally."
L-3 Marine & Power Systems (M&PS) has extended its presence into the Brazilian marketplace by opening a new office and appointing key local staff. All regional operations for the new Brazilian office will be led by Jonas Henrique Lobo. Lobo will serve as the director of business development for the L-3 Marine & Offshore Brazil office, reporting directly to Brian Pope, senior vice president of business development for L-3 M&PS.
US Firm, Tidewater, agrees with HitecVision to purchase Norway's Troms offshore, including 5 large PSV's. Tidewater say that the acquisition of Troms Offshore, headquartered in Tromsø, Norway, will expand their global footprint into the Norwegian sector of the North Sea and supplement their experience and vessel fleet operating in harsh environments, including cold climates. The Troms Offshore-owned fleet is expected to include five large
With the departure of the vessel Fortunagracht out of Antwerp, Belgium over the weekend, the Cleveland-Europe Express service between the Cleveland Harbor and Europe via the Saint Lawrence Seaway has officially launched. The vessel is loaded with breakbulk and containerized cargo and is set to dock in Cleveland around April 17. The Cleveland-Europe Express is the only regular, scheduled international container and noncontainerized cargo service on the Great Lakes
German liner company Hapag-Lloyd has further improved the Europe Australia Express service (EAX), one of its prime products. New port calls in Fos sur Mer and Pointe de Galets / Short transit times from Europe to Australia unchanged / Italian port switched to Salerno on Northbound leg. According to a media statement from the company, as of December, the French ports Fos sur Mer and Pointe de Galets (La Réunion) will be added to the EAX rotation on the Southbound
The UK P&I Club has announced that it is reorganizing its structure to establish UK Europe as the sole provider of direct insurance to UK Club members. By reducing the number of separately regulated insurers from two to one, the UK Club aims to streamline governance, reduce compliance costs, and manage more efficiently the Club’s solvency capital requirements, while meeting the impending Solvency 2 regulations for insurers in the European Union.
Mitsui O.S.K. Lines, Ltd. (Tokyo) and Höegh Autoliners AS (Oslo) have set up a 50/50 joint venture in Europe, integrating the existing European short sea and logistics activities of both shareholders and of Euro Marine Carrier BV. The new company, named Euro Marine Logistics NV (EML), was registered in March 2011 and has its offices in Meise (Brussels), Belgium. EML is a common carrier and started trading in the second week of June
Reflex Marine continues to expand its global network of Accredited Service Centers with its latest addition, Fano Kran-Service A/S (Fano Kran) located in Denmark. Reflex Marine is a company in marine transfer solutions to the offshore, marine and renewable industries and has largely specialized in crane transfer and offshore access with its two key products, FROG and TORO, driving forward improved safety standards
Wärtsilä is enhancing its service offering by participating in a new maintenance hub in the Canary Islands. The facility, operated by one of Spain's biggest shipbuilding and ship repair groups, Zamakona Yards, will provide Wärtsilä's high quality service expertise to satisfy
Chief Executive of the Maritime and Port Authority of Singapore (MPA), Andrew Tan, attended the second Port Authorities Roundtable (PAR) in Rotterdam. Hosted by the Port of Rotterdam Authority (PoR), the closed-door roundtable event brought together port authorities from major
Global capital markets reeled on Friday after Britain voted to leave the European Union, with $2 trillion in value wiped from equity bourses worldwide, while money poured into safe-haven gold and government bonds. Sterling suffered a record plunge.
The EU transport ministers convened at the first day of the TEN-T Days in the Van Nelle Factory in Rotterdam. They discussed the process of implementing the Trans-European Transport Network: new challenges and opportunities, new technologies and mobility patterns for passengers
exactEarth Europe Limited, a UK subsidiary of exactEarth Ltd, a provider of Satellite AIS data services, recently concluded the main part of its ‘South Africa Safety Initiative for Small Vessels’ (OASIS) project – a small vessel tracking trial with the South African Maritime
EU maritime mission gains more power to seize weapons; also says moves will help break migrant smuggling gangs. The European Union on Monday gave its naval force in the Mediterranean the authority to search suspicious vessels at sea in a bid to stop arms getting to Islamic State in Libya and to
United Nations Secretary General Ban Ki-moon called on Saturday for countries to do more to help cope with Europe's migrant crisis, saying Greece could not manage on its own. Speaking in Athens before heading to the Greek island of Lesbos
Shipping freight rates for transporting containers from ports in Asia to Northern Europe fell 17.8 percent to $540 per 20-foot container (TEU) in the week ended on Friday, a source with access to data from the Shanghai Containerized Freight Index told Reuters.
A levy on nitrogen oxides (NOx) emissions with revenues earmarked to fund the uptake of NOx abatement measures is believed to be the most promising tool to reduce these ship emissions by up to 70 percent, as revealed by a new study by environmental consultancy IVL and CE Delft.
OPDR has updated its established TANCAS service, connecting two Moroccan ports with three ports in Northern Europe. Starting on June 21 in Rotterdam, the revised service offers improved transit times while maintaining high schedule integrity.
Maersk Line, the world's largest container shipping company, told its clients on Tuesday it will set the freight rate from Far East Asia to Europe at $1,450 per 20-foot container (TEU) as of July 1. The announced increase, which applies to all kinds of freight
The Port of Kapellskär, Sweden, is being rebuilt to be able to accommodate larger vessels and meet market demands for current and future freight volumes. Now that the new 245 metre-long pier is completed, the port has two new modern quay-berths
Modular training course program uses state-of-the-art simulation technology Düsseldorf, Germany, 14 June 2016 – At this year’s TOC Europe in Hamburg, Germany, Terex Port Solutions (TPS) is presenting a newly designed training program for harbour crane operators
Ocean freight rates for cargo moving under contracts on the major East-West trade routes fell by another 18% between February and May, according to Drewry’s Benchmarking Club, a closed user group of multinational retailers and manufacturers who closely monitor their contract freight
The U.S. aircraft carrier USS Dwight D. Eisenhower entered the Mediterranean late on Monday, the U.S. Navy said, at a time when U.S. officials are raising alarm over Russia's maritime expansion. The Eisenhower, also known as the "Ike," will relieve the USS Harry S