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Companies In Europe

CMA CGM Acquires OPDR

Photo: OPDR

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.


Taiwan Pushes for Local Submarine Program

Image: Taiwan Navy

 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 M&PS Expands in Brazil, Appoints Lobo

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.


Tidewater to Acquire Troms Offshore Supply

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


Port of Cleveland’s Express Service Underway

Photo: Spliethoff Group

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


Hapag-Lloyd Boosts Direct EAX Service Between Europe and Australia

Map by Hapag-Lloyd AG

 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


Mitsui, Hoegh Establish EML

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


UK P&I Club Restructures to Increase Efficiency

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.  


Reflex Marine, Fano Kran Partner

RFM-1891-015.jpg

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


Asia-Europe Box Rates Plunge 28 pct

CMA CGMs Marco Polo at sea (file image)

Shipping freight rates for transporting containers from ports in Asia to Northern Europe plunged by 27.9 percent to $295 per 20-foot container (TEU) in the week ending on Friday, one source with access to data from the Shanghai Containerized Freight Index told Reuters. The drop came after spot freight rates on the world's busiest route dropped 39.3 percent last week, and the current rates are widely seen as loss-making levels for container shipping companies.


Nick Sloane Joins Resolve Marine Group

Nick Sloane and Joe Farrell (Photo: Resolve Marine Group)

Sloane to oversee operations in Europe, the Middle East and Africa as Resolve Marine Group expands global response presence   Senior Salvage Master Nick Sloane has joined the senior management team at Resolve Marine Group., aiming to help guide the global growth of the marine services


Asia-Europe Box Rates Down 8 pct

The containership Maersk Kalmar. Maersk controls around a fifth of containers transported from Asia to Europe. (file image)

Shipping freight rates for transporting containers from ports in Asia to Northern Europe fell by 8.1 percent to $431 per 20-foot container (TEU) in the week ended on Friday, one source with access to data from the Shanghai Containerized Freight Index told Reuters.


COSCO Also Eyes Greek Train Network

China's COSCO already the sole bidder for Greece's Piraeus Port. Buying both would give COSCO a European transhipment hub. China's COSCO is expected to make an offer for Greece's rail network after becoming the sole bidder for the country's largest port, two people familiar with the matter said


COSCO Plans European Transhipment Hub

Photo: COSCO

 China's COSCO is forging ahead with a plan to build a European transhipment hub, reports Reuters. The state owned shipping giant is expected to make an offer for Greece's rail network after becoming the sole bidder for the country's largest port.  


Asia-Europe Box Rates Fall Again

File Image (Maersk)

Shipping freight rates for transporting containers from ports in Asia to Northern Europe fell by 13.9 percent to $469 per 20-foot container (TEU) in the week ended on Friday, one source with access to data from the Shanghai Containerized Freight Index told Reuters.


Maersk Line Starts Colombia Express Service

Photo: Maersk Line

 The largest global container firm Maersk Line has launched a new weekly service between Santa Marta and Turbo in Colombia and Northern Europe specifically designed for refrigerated cargo.   Danish container shipping giant added this new service from Latin America to Europe and a new


Cutlass Express 2016 Commences

Maritime forces from various nations attend the opening ceremony for Cutlass Express 2016 Jan. 30. U.S. Navy photo by Mass Communication Specialist 2nd Class Mat Murch

Maritime forces from Eastern Africa, Western Indian Ocean island nations, Europe and the United States, as well as several international organizations began the fifth iteration of the multinational maritime exercise Cutlass Express, Jan. 30.


SMM Hamburg Opens the Door for Iran

Photo: SMM

For the first time after the end of the trade sanctions, Iran will be represented by a national pavilion at international maritime trade fair SMM Hamburg.   “An industry fair is a great platform for building new relationships and getting to know each other


EU Offshore Wind to Grow up to 2020

An offshore wind farm installation (file image: Siemens)

New capacity more than doubled in 2015 due backlog; existing projects to bring more expansion in coming years. Growth in new offshore wind capacity in Europe is to slow this year after more than doubling in 2015, an industry report said on Tuesday.


Royal IHC and DIHAG Acquire Allard-Europe

Royal IHC and German company DIHAG Holding GmbH have jointly acquired the Belgian steel and iron foundry, Allard-Europe NV. IHC and DIHAG each take an equity stake of 40% and 60% respectively.   Through this acquisition, IHC is able to realize a reliable supply chain (competitive on


Spanish Ship Repair On a Winning Streak

(Photo: Astican)

Strategically located Spain, linking countries in Europe, Africa and the Americas, along with a dynamic coast line dotted with number of highly proactive ports have bolstered its progress helping it to become a global leader in the ‘ship’ repairs and conversion


Europe-Africa Sailors of the Year

Commander, U.S. Naval Forces Europe-Africa Adm. Mark Ferguson and U.S. Naval Forces Europe-Africa (CNECNA) Fleet Master Chief Steven Giordano recognize CNE-CNA Shore Sailor of the Year, Legalman 1st Class Stephani Pavoni, CNE-CNA Junior Sailor of the Year, Information Systems Technician 2nd Class Dawn Weston, and CNE-CNA Sea Sailor of the Year, Operations Specialist 1st Class Amparo Balderas in a ceremony at U.S. Naval Support Activity Naples, Capodichino, Jan. 29, 2016. Pavoni will advance to c

Commander, U.S. Naval Forces Europe-Africa, Adm. Mark Ferguson announced the 2015 CNE-CNA Shore Sailor, Sea Sailor and Junior Sailor of the Year in a ceremony held at Naval Support Activity, Naples, Capodichino, Jan 29, 2016. Operations Specialist 1st Class Amparo Balderas, from Commander


Italian Yacht Maker Ferretti Creates Defence and Security Unit

Italian luxury yacht builder Ferretti, owned by Chinese industrial conglomerate Weichai Group, has created a new unit to build boats for the patrol and defence of international waters, lands and coastlines, it said on Wednesday.   Ferretti Security and Defence (FSD) will design


Wilhelmsen Ships Service: Mastering Complex Logistics

Photo: WSS

From racing boats to steel pipelines, windmill blades to massive hydraulic hammers, Wilhelmsen Ships Service (WSS) says its personnel in the Middle East can move just about anything, anywhere.   Last summer, WSS was contracted to source ocean transportation options for the return of


Cepsa Resumes Iranian Oil Supplies to Spain

Spanish refiner Cepsa will ship a 1-million barrel cargo of Iranian oil to its refineries, according to vessel agents' data and market players' information on Wednesday.   Global oil markets, already oversupplied, have been jittery over the return of Iranian oil after the lifting of






 
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