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.
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
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.
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
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
Aker Yards, builder of cruise and offshore vessels, changed its name to STX Europe. The name change reflects the entry of the South Korean-based STX Business Group as principal shareholder in the company during summer 2008. Effective Nov. 3, the international shipbuilding group Aker Yards, with head office in Oslo, Norway, and all its subsidiaries, will share the common brand STX Europe.STX Europe specializes in designing and building advanced cruise ships and purpose-built vessels for
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
The French Republic became a 33.34 percent shareholder in STX France and its shipyards in Saint-Nazaire and Lorient. STX Europe is a builder of cruise ships and ferries, with a market share of 35 - 40 percent. The company builds cruise ships at its yards in France and Finland. The French yards also have experience with navy vessels. Other shipyards in STX Europe are build specialized offshore vessels. The new agreement between STX Europe and the French Republic is a realization of
Resolve Salvage & Fire (Europe), Ltd., the European emergency response subsidiary of U.S.- based Resolve Marine Group, Inc., has added a new office at 23, Austin Friars, London, expanding the company’s U.K. operations base. The 34-year-old marine salvage, emergency response and wreck removal company has been steadily expanding, both geographically and in its service offerings for the international maritime industry.
Europe's oil majors will strike a sober note in their fourth-quarter results and investors will focus on companies' plans to maintain cherished dividends and their strategies to cope with the oil prices collapse that caught many unawares.
Carnival Cruise Lines is to return to Europe next year with its biggest ship ever, the 3,936-passenger Carnival Vista. The Doral-based cruise line revealed details about the new 133,500-ton vessel. The ship, which starts sailing in May of 2016, will include the first IMAX Theatre at sea
Often heralded as new shipping lane, Arctic shipments fall. Western sanctions on Russia are restricting the Arctic shipping route along its north coast to domestic cargoes and energy exports with many foreign firms staying away after test voyages on a fabled short-cut between Europe and Asia
The Gazprom headquarters hosted today a briefing session led by Alexey Miller, Chairman of the Company's Management Committee dedicated to the Company's activities this winter. Special attention was given to the contracts for gas supply to Ukraine and its transit to Europe.
Ottawa government has announced a multimillion-dollar investment for the Port of Montreal, meant to facilitate exports following a new trade deal with Europe. The Port will receive a $132-million makeover in anticipation of an increase in exports. Ottawa will contribute $43
To continue to operate the Services with high level of reliability, proficiency and meet expectations of the Customers, The Shipping Corporation of India Ltd., announces Rate Restoration on its Indian Subcontinent to Europe Services viz
Shippers will soon have new direct weekly options to Europe from the Port of New Orleans. CMA CGM, the world’s third-largest container carrier, will add the Port of New Orleans to its Victory Bridge Service. The service is scheduled to launch February 2 with the arrival of the CMA
Seakeeper reported record growth in 2014, noting that it is poised to continue the momentum through 2015 Shipments of gyros increased 46% over 2013 as more boat manufacturers added Seakeeper as standard and optional equipment on new builds. A sizable portion of its sales also came from refits
ABB, the leading power and automation technology company, is proud to accompany Solar Impulse and its crew on the plane’s flight around the world powered only by energy from the sun. Solar Impulse, based in Switzerland, announced today it will begin its historic flight between
After two consecutive years of negative volume growth, Europe’s busiest box port Rotterdam was back on the growth trail in 2014, as container throughput grew 5.8% to 12.3m teu. The different market sectors performed quite dissimilar. The break-bulk, with 12
Three Chinese naval vessels with 800 sailors docked in Germany’s Hamburg harbor for the first time in history on Monday, Michael Setzer, the Commander of Hamburg’s Military Liaison Office, said. The dock landing ship, Chang Beishan
The Port of Cork will invest over €1.5 million in upgrading facilities at Cobh Cruise Terminal, Ireland’s only dedicated cruise berth, with the installation of a number of high load mooring bollards at the east and west end of the Cobh Cruise Berth which will enable larger ships
BHM Penlaw and Tactique Ltd have now joined forces to support their clients in exploiting an alternative sea route which reduces sailing distance by 4,300 nm and 10 days on transits between Europe and Asia. The Northern Sea Route, also known as the NSR, or Northeast Passage
While on her maiden voyage in the AEX1 service, the container vessel China Shipping Container Lines Globe, currently the world’s - or the “globe’s”- largest container vessel, moored at the port of Zeebrugge.
Glencore, Suncor, ENI, Vitol all booking tankers; U.S. crude oil stocks at highest ever level for time of year. Traders are shipping West African crude to the United States to store the oil until prices recover, as the global glut forces them to source any tanks available and as seaborne