The European Commission granted P&O and Stena Line a six-year exemption from competition rules to operate a cross-Channel ferry service for passengers and freight. "The Commission's recent investigation has not revealed any valid market changes which could justify forcing P&0 of Britain and Stena Line, a subsidiary of Sweden's Stena Line AB, to undo their alliance," it said. The new exemption period, which expires on March 7, 2007, will permit P&0 Stena Line to continue competing with Eurotunnel, Sea France, Hoverspeed and NorfolkLine, the Commission said. The new exemption replaces a three-year exemption that expired March 10. The old exemption, while granted in 1999, had been retroactive to 1998. - (Reuters)
Stena Line selects Bekaert to help conserve energy among its fleet of ships. With the installation of Bekaert advanced solar control window film, industry leader Stena Line minimizes fuel consumption, improves comfort for passengers and employees and significantly lowers air conditioning use. The savings based on the cost of air conditioning has been calculated to be approximately 247,000 kWh/year, which could equal fuel savings of 58 cubic meters/15,321 U.S. gallons for one ship.
Stena Line has ordered two new RoPax vessels from Samsung Heavy Industries in South Korea. The vessels will be put into service in 2011 and are planned to operate the route Rotterdam-Harwich. The two new RoPax vessels will be built in South Korea by Samsung Heavy Industries. The shipyard has previously built a number of shuttle tankers and ice-class tankers for Stena Bulk. The two new RoPax vessels are sister ships to the Stena Trader and the Stena Traveller
P&O welcomes the announcement by the European Commission that it has cleared the Group's proposed purchase of Stena Line's 40 percent shareholding in P&O Stena Line. The transaction is expected to complete during the next week. P&O Chairman Lord Sterling said: "We are delighted to have received clearance from the EC. We can now proceed on schedule with the planned consolidation of our ferry businesses. By managing the businesses together we will be able to maximise synergies and growth
Northrop Grumman Corporation (NYSE: NOC) has been selected to supply integrated bridge systems (IBS) for two new vehicle-passenger (RoPax) ferries being built for Stena Line at Wadan Yards in Wismar, Germany. The IBSs for the two ships will be based on Northrop Grumman Sperry Marine’s advanced VisionMaster FT navigation technology with TotalWatch multi-function workstations. The scope of supply will include radars, electronic chart display and information systems, digital gyrocompasses
On 1 October, Ola Helgesson will take up the position of CFO at Concordia Maritime AB after having held the position of CFO at Stena Line group. Ola Helgesson has long experience as CFO at listed companies and solid knowledge of shipping. He also has a broad CFO profile with expertise in consolidated financial accounting, financing and investor relations. “Ola has many years of solid and differentiated background as CFO in several different industries
GE Marine Engines announced that 36 GE LM aeroderivative gas turbines have accumulated more than 600,000 hours operating aboard 16 fast ferries. "Fast ferry operators have selected our gas turbines for a variety of propulsion system configurations. This milestone further demonstrates the outstanding reliability and availability of the LM gas turbines for fast ferry applications," said Karl Matson, general manager of GE Marine Engines
GE Marine Engines announced that 36 GE LM aeroderivative gas turbines have accumulated more than 600,000 hours operating aboard 16 fast ferries. Fast ferry operators have selected our gas turbines for a variety of propulsion system configurations. This milestone further demonstrates the outstanding reliability and availability of the LM gas turbines for fast ferry applications,” said Karl Matson, general manager of GE Marine Engines.
Port handles more than six million tons for the first time. Kiel, January 17 2012: The Port of Kiel turned round more than six million tons of cargo last year for the first time ever. It posted a turnover figure of 6,293.374 tons exactly at the turn of the year - an increase of 8.5 % over the previous year. The Managing Director of the Port of Kiel (SEEHAFEN KIEL GmbH & Co. KG) Dr Dirk Claus said “thanks to the shipping companies and the port working hand in hand
Stena RoRo has reached an agreement with the Finnish shipping company Godby Shipping to long-term charter their three RoRo vessels Misida, Misana and Miranda. The configuration of the vessels is very flexible and they can thus be employed in both the Stena RoRo and the Stena Line networks. Three easy accessible RoRo decks enable fast turnaround in port and this, combined with their high service speed, satisfies the demand for punctual high-frequency service.
DNV GL has signed a contract to provide classification services for Stena Line’s new RoPax ferries, to be constructed at AVIC Weihai Shipyard in China, the classification society announced today at the Posidonia trade fair in Athens, Greece.
Newly built chemical and product tanker Stenaweco Impulse was named by H.R.H. Crown Princess Mary of Denmark, whobroke a bottle of champagne against the tanker’s bow and wished the vessel, her captain and his crew fortune and prosperity.
Stena Line’s ferry passengers are set to experience new levels of communication services following a upgrade to the VSAT connectivity on board, says Marlink, who has more than trebled the bandwidth in Stena Line’s fleet-wide Closed User Group (CUG) service and integrated GSM 3/4G
Chinese shipyard GSI (Guangzhou Shipbuilding International) has delivered the newly built MR tanker Stena Imagination to 50-50 joint owners Stena Bulk and Indonesian Golden Agri Resources (GAR). She will be operated by Stena Weco and sail in the company’s global logistics system
Birkenhead based IPS Marine Fabrications is continuing to ramp up growth in the passenger ferry market after completing work on two Stena Line vessels. The firm, run by maritime engineering specialists Paul Smith and Peter Hillan, has delivered a package of insulation and fabrication work for
A new 50,000 DWT MR chemical and product tanker based on the IMOIIMAX concept, Stena Imperial, was named yesterday in Savannah, Ga. Built by Chinese shipyard Guangzhou Shipbuilding International (GSI) and delivered on July 1, Stena Imperial recently arrived in Savannah on the U.S
V&A Hydraulics reportes that it has completed two specialist projects for ferry operator Stena Line to support cargo loading functions and the release of a fast-rescue boat. The company was tasked with upgrading a tweendeck ramp on the Stena Mersey
International tanker shipping company Concordia Maritime said it has renewed a contract with an international oil and gas company for 12 months for two vessels. The contract also includes an additional vessel for six months. The renewed contract relates to three P-MAX vessels: 2005-built Stena
Stena Bulk has placed an order for three 50,000 dwt IMOIIMAX MR tankers with the Chinese shipyard CSSC Offshore & Marine Engineering (CSSC OME), formerly Guangzhou Shipyard International (GSI), in Guangzhou. It has also taken out an option on a further two vessels
Merseyside engineering firm IPS Marine Fabrications is helping ferry operator Stena Line expand its accommodation for man’s best friend after securing a deal to build a series of bespoke dog kennels. The operator Stena Line aims to improve pet facilities with bespoke kennels on
Methanol has a "historic opportunity" as a marine fuel, according to a new report published today by research group FCBI Energy. Despite having many attributes that make methanol an attractive, low-emissions marine fuel, it has sometimes been overlooked in policy and industry
The chemical and product tanker Stena Imperative was yesterday named at China Merchants Wharf in Hong Kong. The vessel, an IMOIIMAX MR tanker, is wholly owned by Stena Bulk and was delivered a few days ago from the Chinese shipyard CSSC Offshore & Marine Engineering (CSSC OME*) in
Stena RoRo, a subsidiary of the Swedish ship owner Stena AB, and AVIC International Ship Development (China) Co. Ltd. have signed a contract, subject to board approval, for four ro-pax ferry newbuilds, including option for another four. These will be some of the first ro-pax ferries to be built in
The newly constructed chemical and product tanker Stenaweco Impulse will be named by her godmother H.R.H. Crown Princess Mary of Denmark at a June 13 ceremony on Langelinie Quay in Copenhagen. The Stenaweco Impulse is the sixth in a series of 13 IMOIIMAX tankers ordered by Stena Bulk
The promise of new modern classification solutions to deliver quality, fulfill customer’s needs, and implement innovative technologies was the key theme for DNV GL at their press conference at the Posidonia trade fair today. Classification society