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.
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
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
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
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
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.
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.
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, 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 chemical and product tanker Stena Weco Impulse, jointly owned on a 50-50 basis by Stena Bulk and the Danish Weco Group, has been delivered from the Chinese shipyard CSSC Offshore & Marine Engineering (CSSC OME) in Guangzhou.
Marlink and Intelsat S.A., operator of the world’s first Globalized Network, announced that itsstrategic agreement – initiated in 2014 to introduce improved maritime offerings to the marketplace – continues to pay dividends for the companies and the maritime end-users
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
The chemical and product tanker Stena Imperative has been delivered from the Chinese shipyard CSSC Offshore & Marine Engineering (CSSC OME), formerly Guangzhou Shipyard International (GSI), in Guangzhou. The naming ceremony will be held in Hong Kong on January 26, 2016.
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
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
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
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
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
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
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
Entries are now being accepted for the 2015 SHIPPINGInsight Award, which will be presented at the SHIPPINGInsight Fleet Optimization Conference & Exhibition, Oct. 13 in Stamford, Conn. The annual award honors a ship operating company and its technology partners for the successful
Stena Bulk has signed an agreement covering the charter of the LNG carrier Stena Blue Sky for the North West Shelf Project in Australia. The duration of the charter is up to three years with a possible further extension as a goal. The contract was signed at current market freight rates
Swedish ferry operator Stena Line has announced that it has converted the Stena Germanica to run on methanol, an industry first. The company spent $24 million on converting the ship to methanol. The ferry re-entered service on March 26, serving its route on the Baltic sea between Kiel